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508 Main St 8,590 SF 3% Leased Retail Building Spotswood, NJ 08884 $2,100,000 ($244.47/SF)



Executive Summary
Fully Leased 5-Unit Retail Strip Center • Prime Main Street Exposure. Discover a rare investment opportunity in the heart of Spotswood NJ. Located along heavily traveled
Main Street, this fully leased 5-unit retail strip center offers stable in-place income. strong tenant mix, and excellent long-term upside in a supply constrained market.
Positioned on a well-traveled commercial corridor, Positioned on a well-traveled commercial corridor convenient ingress/egress, ample on-site parking ,and outstanding visibility
Main Street, this fully leased 5-unit retail strip center offers stable in-place income. strong tenant mix, and excellent long-term upside in a supply constrained market.
Positioned on a well-traveled commercial corridor, Positioned on a well-traveled commercial corridor convenient ingress/egress, ample on-site parking ,and outstanding visibility
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
8,590 SF
Building Class
C
Year Built
1975
Price
$2,100,000
Price Per SF
$244.47
Percent Leased
3%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.68 AC
Zoning
GC
Parking
42 Spaces (4.88 Spaces per 1,000 SF Leased)
Frontage
125’ on Main
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 24-00107-0000-00021-2 | Improvements Assessment | $905,200 |
| Land Assessment | $307,500 | Total Assessment | $1,212,700 |
Property Taxes
Parcel Number
24-00107-0000-00021-2
Land Assessment
$307,500
Improvements Assessment
$905,200
Total Assessment
$1,212,700
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508 Main St
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