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2426 Nottingham Way 2,774 SF 100% Leased Retail Building Hamilton, NJ 08619 $934,285 CAD ($336.80 CAD/SF) 7.16% Cap Rate



Executive Summary
Available for Sale: 2,774 SF Office/Retail Space
• Bldg.1: 2,304 SF of office space including
private offices, open plan work areas,
conference room, and 2 restrooms.
• Bldg.2: 470 SF separate building; Beauty
Parlor Tenant pays $1,950/mo. plus water.
• Gas Fired hot water Heat baseboard heat.
• Windows – New 2021
• Roof – New 2016
• HVAC 2 units
• Irrigation Central sprinkler
• Lot Size: 0.46 Acres
• Taxes: $10,406
• Parking: Approximately 17 Spaces
• Zoning: CC Downtown/Central Business
• Centrally located in a busy Hamilton area
• Ideal for professional services businesses
easy access to Route 295 and NE train.
• Bldg.1: 2,304 SF of office space including
private offices, open plan work areas,
conference room, and 2 restrooms.
• Bldg.2: 470 SF separate building; Beauty
Parlor Tenant pays $1,950/mo. plus water.
• Gas Fired hot water Heat baseboard heat.
• Windows – New 2021
• Roof – New 2016
• HVAC 2 units
• Irrigation Central sprinkler
• Lot Size: 0.46 Acres
• Taxes: $10,406
• Parking: Approximately 17 Spaces
• Zoning: CC Downtown/Central Business
• Centrally located in a busy Hamilton area
• Ideal for professional services businesses
easy access to Route 295 and NE train.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,774 SF
Building Class
B
Year Built
1960
Price
$934,285 CAD
Price Per SF
$336.80 CAD
Cap Rate
7.16%
NOI
$66,892 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
CC - downtown or central business district
Parking
17 Spaces (6.13 Spaces per 1,000 SF Leased)
Frontage
33’ on Nottingham Way
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-01679-0000-00011 | Improvements Assessment | $158,247 CAD |
| Land Assessment | $247,046 CAD | Total Assessment | $405,293 CAD |
Property Taxes
Parcel Number
03-01679-0000-00011
Land Assessment
$247,046 CAD
Improvements Assessment
$158,247 CAD
Total Assessment
$405,293 CAD
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2426 Nottingham Way
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