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Citgo 541 Hamilton St 5,904 SF Retail Building Somerset, NJ 08873 $1,999,000 ($338.58/SF)
INVESTMENT HIGHLIGHTS
- Access from both Hamilton St and Highland Ave
- Nearby: Downtown New Brunswick, Rutgers University, major hospitals, and Routes 18 & 27
- Excellent exposure in a rapidly expanding corridor
EXECUTIVE SUMMARY
7-door auto repair garage in the rapidly expanding Hamilton Street corridor. 10+ car repair capacity. 5,900+ sf w/ office. 15,000 sf corner lot with entry from Highland Ave as well as Hamilton St. Excellent visibility.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Service Station
Building Size
5,904 SF
Building Class
C
Year Built
1950
Price
$1,999,000
Price Per SF
$338.58
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.34 AC
Zoning
HBD, Hamltn Business Dist
Parking
10 Spaces (1.69 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Signage
- Air Conditioning
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-00195-0000-00020 | Improvements Assessment | $208,000 |
| Land Assessment | $612,000 | Total Assessment | $820,000 |
PROPERTY TAXES
Parcel Number
08-00195-0000-00020
Land Assessment
$612,000
Improvements Assessment
$208,000
Total Assessment
$820,000
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Citgo | 541 Hamilton St
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