214 Somerset St - Storefront FOR SALE


North Plainfield, NJ 07060
$3,000,000 USD
201-290-3780
214 Somerset St, North Plainfield, NJ for Sale
$3,000,000 USD
Storefront - FOR SALE
1/4
null | Request Cap Rate

214 Somerset St
North Plainfield, NJ 07060


HIGHLIGHTS

  • Building Size: 10,500 SF across 4 floors (~4,242 SF per floor)
  • Year Built: 2017 – modern construction
  • Property Type: Mixed-use with ground-floor restaurant and multi-family units above
  • Location: Prime North Plainfield address with strong visibility and accessibility
  • Income Potential: Combination of stable retail tenant and residential rental income
  • Investment Appeal: Diversified revenue streams and long-term appreciation opportunity

OVERVIEW

Built in 2017, this modern mixed-use building offers an excellent investment opportunity in the heart of North Plainfield. The property features 10,500 SF across four floors (approximately 4,242 SF per floor) and is designed for versatility and long-term value. Ground Floor: A fully built-out restaurant space, ideal for stable tenant income. Upper Floors: Multi-family residential units, providing consistent rental potential in a strong local housing market. Building Details: 4 stories, contemporary construction, and efficient layouts designed to maximize useable space. This property combines the benefits of retail exposure and multifamily income in one high-quality asset, making it well-suited for investors seeking both immediate cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$286 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2017

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B-1

APN/PARCEL ID

14-00083-0000-00002

ASK ABOUT THIS PROPERTY

Khalil DaliaColdwell Banker RealtyMore Info
201-290-3780

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

Khalil DaliaColdwell Banker RealtyMore Info
201-290-3780

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