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81 Somerset St

6,000 SF 100% Leased Retail Building Somerville, NJ 08876 $1,296,166 CAD ($216 CAD/SF) 11.73% Cap Rate

Retail Space New Jersey Somerville 81 Somerset St, Somerville, NJ 08876

Executive Summary

TURNKEY, WELL ESTABLISHED PROFITABLE LAUNDROMAT BUSINESS FOR SALE WITH BULDING IN THE CENTER OF DOWNTOWN SOMERVILLE. GREAT LOCATION, HIGH VOLUME DROP OFF AND SELF-SERVICE BUSINESS. WITH POSSIBLIES TO EXPAND WASHER UNITS AND ADD POTENTIAL TO ADD A SECOND FLOOR APARTMENT.

Attachments

81 Somerset St-w-I&E flyer 10-9-24

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
6,000 SF
Year Built
1970
Price
$1,296,166 CAD
Price Per SF
$216 CAD
Cap Rate
11.73%
NOI
$152,040 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.92
Land Acres
0.15 AC
1 of 1
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Nearby Major Retailers

Fulton Bank
Chase Bank
Retro Fitness
WW
Starbucks
Tim Hortons
Shoprite Pharmacy
Bank of America
TD Bank
Santander

PROPERTY TAXES

Parcel Number 18-00125-0000-00008 Improvements Assessment $457,703 CAD
Land Assessment $160,678 CAD Total Assessment $618,381 CAD

PROPERTY TAXES

Parcel Number
18-00125-0000-00008
Land Assessment
$160,678 CAD
Improvements Assessment
$457,703 CAD
Total Assessment
$618,381 CAD
(732) 907-2901

  • Listing ID: 33883014

  • Date on Market: 2024-11-15

  • Last Updated:

  • Address: 81 Somerset St, Somerville, NJ 08876

The Retail Property at 81 Somerset St, Somerville, NJ 08876 is currently available For Sale. Contact Deluccia Commercial Group for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

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81 Somerset St, Somerville, NJ for sale Building Photo- Image 5 of 6
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81 Somerset St
(732) 907-2901 x

81 Somerset St

1/2

Timothy Deluccia

(732) 907-2901

(732) 907-2901

Robert Axmann

(732) 907-2900

(732) 907-2900

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