58 Main StSomerville, NJ 08876
- Other commercial real estate
- 1.50 AC
Property Details for 58 Main St
- Construction
- FRAME
- Lot size
- 1.50 AC
- Zone code
- B-2
- Property type
- Other commercial real estate
- APN
- 18 00063-0000-00032- 03
- APU
- 180006300000003203
Description
This exceptional executive office space, totaling 2,300 square feet, is ideally situated in the heart of downtown Somerville, New Jersey. Located in a four-story building constructed in 2000 and extensively renovated in 2022, this suite offers a modern and efficient workspace. The building boasts a total of 72,000 square feet and is currently configured with a single suite, although the minimum divisible space is 2,300 square feet, and the maximum contiguous space available is also 2,300 square feet. The available space is 1,853 square feet. This prime location offers unparalleled convenience, being directly across from the Somerset County Administration Building and Courthouse. A 704-car parking garage is conveniently located nearby, ensuring ample parking for tenants and visitors. The building's amenities extend beyond parking, including a fitness center, and the vibrant downtown area provides easy access to a variety of restaurants and shopping options. NJ Transit is just two blocks away, providing excellent public transportation access. The property sits on a 1.55-acre lot and is zoned B-2. The asking rent is $22 per square foot, plus taxes and expenses. This is a rare opportunity to secure high-quality office space in a highly desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $12,364,884
- Hospitality
- $11,326,167
- Educational
- $9,423,238
- Medical
- $9,747,318
- Retail
- $14,658,370
Location Insight
- City
- Somerville
- County
- Somerset
- State
- New Jersey
- Latitude
- 40.567
- Longitude
- -74.6099
- CBSA code
- 35620
- CBSA name
- NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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