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12 Main Rd 12 Route 202 4,214 SF Vacant Retail Building Montville, NJ 07045 $1,150,000 ($272.90/SF) 8.13% Cap Rate
Investment Highlights
- 3 completely Renovated Retail/Office Spaces, 1 Bedroom Apartment upstairs
Executive Summary
Financial Summary (Pro Forma - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$116,000
|
$27.53
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$116,000
|
$27.53
|
| Taxes |
$10,151
|
$2.41
|
| Operating Expenses |
$7,200
|
$1.71
|
| Total Expenses |
$17,351
|
$4.12
|
| Net Operating Income |
$98,649
|
$23.41
|
Financial Summary (Pro Forma - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $116,000 |
| Annual Per SF | $27.53 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $116,000 |
| Annual Per SF | $27.53 |
| Taxes | |
|---|---|
| Annual | $10,151 |
| Annual Per SF | $2.41 |
| Operating Expenses | |
|---|---|
| Annual | $7,200 |
| Annual Per SF | $1.71 |
| Total Expenses | |
|---|---|
| Annual | $17,351 |
| Annual Per SF | $4.12 |
| Net Operating Income | |
|---|---|
| Annual | $98,649 |
| Annual Per SF | $23.41 |
Property Facts
Amenities
- Corner Lot
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Located in a prime area of Montville near the Boonton border, this versatile 485-square-foot commercial space offers exceptional visibility on a highly traveled road with outstanding access and exposure. Surrounded by established shops, businesses, and restaurants, it provides an ideal setting for businesses seeking a strong presence in a thriving commercial corridor. The unit features a private entrance, a convenient half bath, and access to a private parking lot shared with neighboring tenants, offering added convenience for both customers and staff. Additional highlights include ADA accessibility, luxury vinyl plank flooring, a new roof, and ample on-site parking. The property's prime location provides easy access to Routes 46, 80, 287, 280, and 23, making it an excellent choice for a variety of business uses. Don't miss this opportunity to secure a standout location in one of Montville's most sought-after high-traffic commercial areas. Looking for more space? The entire building may also be available for lease, subject to availability. $1500 for 485sq ft, $3000 for 960 sq ft and $3500 for 1668 sq ft plus garage
| Space | Size | Space Use | Position | Available |
| 1st Floor | 485-1,668 SF | Retail | - | Now |
1st Floor
| Size |
| 485-1,668 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 485-1,668 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Located in a prime area of Montville near the Boonton border, this versatile 485-square-foot commercial space offers exceptional visibility on a highly traveled road with outstanding access and exposure. Surrounded by established shops, businesses, and restaurants, it provides an ideal setting for businesses seeking a strong presence in a thriving commercial corridor. The unit features a private entrance, a convenient half bath, and access to a private parking lot shared with neighboring tenants, offering added convenience for both customers and staff. Additional highlights include ADA accessibility, luxury vinyl plank flooring, a new roof, and ample on-site parking. The property's prime location provides easy access to Routes 46, 80, 287, 280, and 23, making it an excellent choice for a variety of business uses. Don't miss this opportunity to secure a standout location in one of Montville's most sought-after high-traffic commercial areas. Looking for more space? The entire building may also be available for lease, subject to availability. $1500 for 485sq ft, $3000 for 960 sq ft and $3500 for 1668 sq ft plus garage
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00045-0000-00007-01 | Total Assessment | $382,500 (2026) |
| Land Assessment | $232,800 (2026) | Annual Taxes | $10,151 ($2.41/SF) |
| Improvements Assessment | $149,700 (2026) | Tax Year | 2025 |
Property Taxes
Contact the Sale Advisor
12 Main Rd | 12 Route 202