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23-25 S Main St 14,000 SF 100% Leased Retail Building Manville, NJ 08835 $1,220,995 CAD ($87.21 CAD/SF) 8.44% Cap Rate
Executive Summary
Currently owner occupied, pro-forma based on retail and office sq ft rates, potential for second floor conversion to residential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
14,000 SF
Building Class
B
Year Built
1957
Price
$1,220,995 CAD
Price Per SF
$87.21 CAD
Cap Rate
8.44%
NOI
$103,052 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.14
Lot Size
0.15 AC
Parking
6 Spaces (0.43 Spaces per 1,000 SF Leased)
Frontage
48’ on South Main Street
Moderately walkable
60/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 11-00310-01-00015 | Improvements Assessment | $948,050 CAD |
| Land Assessment | $216,799 CAD | Total Assessment | $1,164,848 CAD |
Property Taxes
Parcel Number
11-00310-01-00015
Land Assessment
$216,799 CAD
Improvements Assessment
$948,050 CAD
Total Assessment
$1,164,848 CAD
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Presented by
RE/MAX InStyle Realty
23-25 S Main St
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