This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
118 W Main St
Somerville, NJ 08876
Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Commuter Rail
- Fireplace
- Signage
- Skylights
- Tenant Controlled HVAC
- Roof Terrace
- Storage Space
- Balcony
- Smoke Detector
ABOUT 118 W MAIN ST , SOMERVILLE, NJ 08876
The subject property is currently a 100% occupied, 7,500 square foot mixed use building located on Main Street between the intersections Davenport Street and Union Street of downtown Somerville in Somerset County, NJ. The property holds 2 two bedroom apartments over a ground floor retail store and is currently fully owner occupied. Seller can deliver the property vacant or with a 2 year lease to give the new owner a smooth transition of ownership.118 West Main Street gives an investor a rare opportunity to acquire a well-maintained property in the heart of Somerville's booming downtown surrounded by shopping, entertainment, and only steps away from the Somerville Train Station. Real Estate Taxes are approximately $18,983 per year. Estimated Gross Income is approximately $140,0000 per year. The asking price is $1,950,000.
PROPERTY TAXES
| Parcel Number | 18-00114-0000-00029 | Improvements Assessment | $403,200 |
| Land Assessment | $124,700 | Total Assessment | $527,900 |
PROPERTY TAXES
