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41 Bridge St
Frenchtown, NJ 08825
Retail Property For Sale
Investment Highlights
- FULLY LEASED ESTABLISHED RETAIL RECORD SHOP $3318 Rental per month
- LOCATED IN THE HEART OF CHARMING FRENCHTOWN BORO
- FULL BASEMENT AND GARAGE WITH THREE RESERVED PARKING SPACES
- WELL MAINTAINED MIX USE PROPERTY
- COMMERCIAL AND RESIDENTIAL INCOME
- Apartment Rental $1900 per month
Executive Summary
NEW COMMERCIAL LISTING IN BEAUTIFUL FRENCHTOWN BORO! EXCEPTIONAL INVESTMENT OPPORTUNITY FEATURING A FULLY LEASED, ESTABLISHED RETAIL RECORD SHOP WITH A SUCCESSFUL, TURNKEY BUSINESS ALREADY IN PLACE! THIS WELL-MAINTAINED MIXED-USE PROPERTY OFFERS IMMEDIATE INCOME POTENTIAL IN ONE OF HUNTERDON COUNTY'S MOST DESIRABLE RIVER TOWNS. THE SECOND FLOOR FEATURES A SPACIOUS 2-BEDROOM APARTMENT, PROVIDING ADDITIONAL RENTAL INCOME. THE PROPERTY ALSO INCLUDES A GARAGE, THREE RESERVED PARKING SPACES, AND A FULL BASEMENT OFFERING PLENTY OF STORAGE OR ADDITIONAL FUNCTIONAL SPACE. LOCATED IN THE HEART OF CHARMING FRENCHTOWN BORO, THIS IS A RARE OPPORTUNITY TO OWN A PRIME INCOME-PRODUCING PROPERTY WITH BOTH COMMERCIAL AND RESIDENTIAL RENTAL INCOME!
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,360 SF
Building Class
C
Year Built
1883
Price
$1,105,408 CAD
Price Per SF
$328.99 CAD
Cap Rate
5.12%
NOI
$56,635 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.55
Lot Size
0.14 AC
Zoning
R-4 - Beautiful Victorian building in the center of a vibrant business district. Large apartment , commercial unit and garage
Parking
3 Spaces (0.89 Spaces per 1,000 SF Leased)
Frontage
29’ on Bridge St
Property Taxes
| Parcel Number | 11-00041-0000-00010 | Improvements Assessment | $518,311 CAD |
| Land Assessment | $278,662 CAD | Total Assessment | $796,973 CAD |
Property Taxes
Parcel Number
11-00041-0000-00010
Land Assessment
$278,662 CAD
Improvements Assessment
$518,311 CAD
Total Assessment
$796,973 CAD
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