57 Fourth St - Light Manufacturing FOR SALE


Somerville, NJ 08876- Downtown Somerville
$2,500,000 USD
732-907-2901
57 Fourth St, Somerville, NJ for Sale
$2,500,000 USD
Light Manufacturing - FOR SALE
1/29
null | 7.44% Cap Rate

57 Fourth St
Somerville, NJ 08876
Downtown Somerville


OVERVIEW

CLEAN, WELL MAINTAINED 12,500 SF OFFICE BUILDING WITH 4,000 SF WAREHOUSE SPACE, PROFESSIONAL OFFICE SPACE, PRIVATE OFFICES, CONFERENCE ROOMS, BULLPEN AREA, CAFETERIA, WAREHOUSE WITH 20 ' CEILINGS, DRIVE IN AND TAIL BOARD LOADING LOCATED IN I-2 ZONE, LIGHT INDUSTRIAL. PRESENTLY LEASED TILL DECEMBER 31, 2026 TO EXCELLENT CREDIT TENANT TRUE TRIPLE NET LEASE, NOI $186K 7.5 CAP, IDEAL INVESTMENT OPPORTUNITY AND OR OWNER USER OPPORTUNITY NOT IN A FLOOD ZONE

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

7.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Manufacturing

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

UTILITIES

Water - County, Sewer - City, Heating - Gas

CLEAR CEILING HT

12.5 Ft

DOCKS

1

DRIVE INS

2

PARKING SPACES

36

LAND DETAILS

LAND ACRES

0.77

LAND SF

33,541

ZONING

I-1, Somerville Boro

APN/PARCEL ID

18-00054-0000-00001

ASK ABOUT THIS PROPERTY

Timothy DelucciaDeluccia Commercial GroupMore Info
732-907-2901

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Timothy DelucciaDeluccia Commercial GroupMore Info
732-907-2901

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.