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154 Main St 8,152 SF Retail Building Butler, NJ 07405 $529,000 ($64.89/SF)
Investment Highlights
- Busy Main St
- Large building- 2 commercial stores plus 2 additional floors to be renovated above
Executive Summary
The building consists of three floors, with the ground level recently renovated to include two spacious commercial spaces suitable for retail or restaurant use. One space is currently leased, while the other is owner-occupied and will be delivered vacant at closing. The two upper floors offer significant potential, requiring full renovation to unlock their value. This property presents an excellent opportunity to create additional rentable or usable space.
Owner is open to considering financing options for well-qualified buyers.
Owner is open to considering financing options for well-qualified buyers.
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,152 SF
Building Class
C
Year Built
1911
Price
$529,000
Price Per SF
$64.89
Tenancy
Single
Building Height
3 Stories
Building FAR
1.04
Lot Size
0.18 AC
Zoning
CBD - Commercial Main Street Business District
Frontage
66’ on Main St
Walk Score®
Very Walkable (77)
Nearby Major Retailers
Property Taxes
| Parcel Number | 03-00023-0000-00007 | Total Assessment | $358,600 |
| Land Assessment | $158,000 | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $200,600 | Tax Year | 2025 |
Property Taxes
Parcel Number
03-00023-0000-00007
Land Assessment
$158,000
Improvements Assessment
$200,600
Total Assessment
$358,600
Annual Taxes
($1) ($0.00/SF)
Tax Year
2025
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154 Main St
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