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12 Main Rd 12 Route 202 4,214 SF Vacant Retail Building Montville, NJ 07045 $1,585,781 CAD ($376.31 CAD/SF) 8.13% Cap Rate



Investment Highlights
- 3 completely Renovated Retail/Office Spaces, 1 Bedroom Apartment upstairs
Executive Summary
Financial Summary (Pro Forma - 2025) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$159,957
|
$37.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$159,957
|
$37.96
|
| Taxes |
$13,998
|
$3.32
|
| Operating Expenses |
$9,928
|
$2.36
|
| Total Expenses |
$23,926
|
$5.68
|
| Net Operating Income |
$136,031
|
$32.28
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $159,957 |
| Annual Per SF | $37.96 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $159,957 |
| Annual Per SF | $37.96 |
| Taxes (CAD) | |
|---|---|
| Annual | $13,998 |
| Annual Per SF | $3.32 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $9,928 |
| Annual Per SF | $2.36 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $23,926 |
| Annual Per SF | $5.68 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $136,031 |
| Annual Per SF | $32.28 |
Property Facts
Amenities
- Corner Lot
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Located in a prime area of Montville near the Boonton border, this versatile 485-square-foot commercial space offers exceptional visibility on a highly traveled road with outstanding access and exposure. Surrounded by established shops, businesses, and restaurants, it provides an ideal setting for businesses seeking a strong presence in a thriving commercial corridor. The unit features a private entrance, a convenient half bath, and access to a private parking lot shared with neighboring tenants, offering added convenience for both customers and staff. Additional highlights include ADA accessibility, luxury vinyl plank flooring, a new roof, and ample on-site parking. The property's prime location provides easy access to Routes 46, 80, 287, 280, and 23, making it an excellent choice for a variety of business uses. Don't miss this opportunity to secure a standout location in one of Montville's most sought-after high-traffic commercial areas. Looking for more space? The entire building may also be available for lease, subject to availability. $1500 for 485sq ft, $3000 for 960 sq ft and $3500 for 1668 sq ft plus garage
| Space | Size | Space Use | Position | Available |
| 1st Floor | 485-1,668 SF | Retail | - | Now |
1st Floor
| Size |
| 485-1,668 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 485-1,668 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Located in a prime area of Montville near the Boonton border, this versatile 485-square-foot commercial space offers exceptional visibility on a highly traveled road with outstanding access and exposure. Surrounded by established shops, businesses, and restaurants, it provides an ideal setting for businesses seeking a strong presence in a thriving commercial corridor. The unit features a private entrance, a convenient half bath, and access to a private parking lot shared with neighboring tenants, offering added convenience for both customers and staff. Additional highlights include ADA accessibility, luxury vinyl plank flooring, a new roof, and ample on-site parking. The property's prime location provides easy access to Routes 46, 80, 287, 280, and 23, making it an excellent choice for a variety of business uses. Don't miss this opportunity to secure a standout location in one of Montville's most sought-after high-traffic commercial areas. Looking for more space? The entire building may also be available for lease, subject to availability. $1500 for 485sq ft, $3000 for 960 sq ft and $3500 for 1668 sq ft plus garage
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00045-0000-00007-01 | Total Assessment | $535,902 CAD (2026) |
| Land Assessment | $326,164 CAD (2026) | Annual Taxes | $13,998 CAD ($3.32 CAD/SF) |
| Improvements Assessment | $209,737 CAD (2026) | Tax Year | 2025 |
Property Taxes
Presented by
12 Main Rd | 12 Route 202
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