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550 Hamilton St 4,224 SF Retail Building Somerset, NJ 08873 $1,919,390 CAD ($454.40 CAD/SF)
EXECUTIVE SUMMARY
Historically successful retail location in the heart of the Hamilton Street Business District. Currently leased as a convenience store. (occupying approximately 50% of the building). Potential for redevelopment as well as other retail uses including fresh mart, restaurant, laundromat, pharmacy, etc. 4,200 sf+ building with off-street parking in an area of newly built mixed-use projects with more in the pipeline.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Convenience Store
Building Size
4,224 SF
Building Class
C
Year Built
1980
Price
$1,919,390 CAD
Price Per SF
$454.40 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.41
Lot Size
0.24 AC
Zoning
HBD - Hamilton Street Business District
Parking
12 Spaces (2.84 Spaces per 1,000 SF Leased)
Frontage
100’ on Hamilton St
AMENITIES
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
1 of 2
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MATTERPORT 3D EXTERIOR
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550 Hamilton St
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