106 Somerset St - Office FOR SALE


Garfield, NJ 07026
$2,850,888 USD
646-280-7136
106 Somerset St, Garfield, NJ for Sale
$2,850,888 USD
Office - FOR SALE
1/10
null | Request Cap Rate

106 Somerset St
Garfield, NJ 07026


OVERVIEW

Investment Opportunity — Triangle Flex Building Next to Passaic Street Station This one doesn't come around often. A true one of a kind, triangle shaped commercial building sitting directly next to the Passaic Street Train Station in Garfield, roughly 23,000 SF of flex space split into nine units. Location does a lot of the heavy lifting here. Transit at your doorstep, highway access close by, and a corridor that's actively developing around it. The building itself is flexible by design. Industrial, storage, logistics, office, retail, creative space. It can flex to whatever the market demands next. That's exactly what makes it a value-add play. Lease it up as-is, reposition it, or reimagine it entirely. This is a landlord's or investor's opportunity to buy something irreplaceable and shape what it becomes. Locations like this don't get built again. Bring your vision.

FOR SALE DETAILS

PRICE

$2,850,888 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

I, Garfield City

APN/PARCEL ID

21-00024-02-00027

ASK ABOUT THIS PROPERTY

Christian Di StasioProminent Properties CommercialMore Info
646-280-7136

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Christian Di StasioProminent Properties CommercialMore Info
646-280-7136

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.