550 Hamilton St - Convenience Store FOR SALE


Somerset, NJ 08873
$1,375,000 USD
908-247-1087
550 Hamilton St, Somerset, NJ for Sale
$1,375,000 USD
Convenience Store - FOR SALE
1/1
null | Request Cap Rate

Dec '30


550 Hamilton St
Somerset, NJ 08873


OVERVIEW

Historically successful retail location in the heart of the Hamilton Street Business District. Currently leased as a convenience store. (occupying approximately 50% of the building). Potential for redevelopment as well as other retail uses including fresh mart, restaurant, laundromat, pharmacy, etc. 4,200 sf+ building with off-street parking in an area of newly built mixed-use projects with more in the pipeline.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$284 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,350 SF

ZONING

HBD

APN/PARCEL ID

08-00178-0000-00003

ASK ABOUT THIS PROPERTY

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908-247-1087

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908-247-1087

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