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23-25 S Main St 14,000 SF Vacant Retail Building Manville, NJ 08835 $895,000 ($63.93/SF) 8.44% Cap Rate



EXECUTIVE SUMMARY
Currently owner occupied, pro-forma based on retail and office sq ft rates, potential for second floor conversion to residential.
PROPERTY FACTS
Sale Type
Investment
Property Type
Building Size
14,000 SF
Building Class
B
Year Built
1957
Price
$895,000
Price Per SF
$63.93
Cap Rate
8.44%
NOI
$75,538
Percent Leased
Vacant
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.14
Lot Size
0.15 AC
Walk Score®
Very Walkable (77)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 11-00310-01-00015 | Improvements Assessment | $691,800 |
| Land Assessment | $158,200 | Total Assessment | $850,000 |
PROPERTY TAXES
Parcel Number
11-00310-01-00015
Land Assessment
$158,200
Improvements Assessment
$691,800
Total Assessment
$850,000
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Presented by
RE/MAX InStyle Realty
23-25 S Main St
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