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281 Main St 4,200 SF Retail Building Millburn, NJ 07041 $990,000 ($235.71/SF)



EXECUTIVE SUMMARY
Prime Commercial Property in a High-Visibility Location! This is an excellent opportunity for both business owners and investors! Situated in a highly desirable location, this property offers outstanding street presence and curb appeal, ensuring maximum exposure for any business. The building is currently home to long-term, reliable tenants who are on month-to-month leases but are eager to stay, making it a great investment opportunity. Second Floor: Fully leased to a reputable architecture firm. First Floor: Occupied by a successful hair and nail salon. Lower Level: Provides versatile space for storage or additional use, along with a two-car garage. Each unit has its own separate utilities, offering convenience and efficiency for tenants and owners alike. Whether you're looking to establish your business or secure a solid investment, this property is a must-see!
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,200 SF
Building Class
B
Year Built
1880
Price
$990,000
Price Per SF
$235.71
Tenancy
Single
Building Height
2 Stories
Building FAR
0.76
Lot Size
0.13 AC
Zoning
commercial - retail or office
Parking
5 Spaces (1.19 Spaces per 1,000 SF Leased)
Frontage
30’ on Main St
AMENITIES
- Bus Line
- Freeway Visibility
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 12-01003-0000-00010 | Improvements Assessment | $317,800 |
| Land Assessment | $150,300 | Total Assessment | $468,100 |
PROPERTY TAXES
Parcel Number
12-01003-0000-00010
Land Assessment
$150,300
Improvements Assessment
$317,800
Total Assessment
$468,100
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281 Main St
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