97 Newport Ave - Storefront Retail/Residential FOR SALE


Somerset, NJ 08873
$975,000 USD
908-938-9684
97 Newport Ave, Somerset, NJ for Sale
$975,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

97 Newport Ave
Somerset, NJ 08873


OVERVIEW

Discover an outstanding investment opportunity with this fully renovated, income-generating building featuring four separate units. Each unit has been thoughtfully updated and is currently occupied, providing immediate and steady cash flow from day one. Perfectly situated in a prime, high-visibility location within a thriving commercial district, this property offers excellent exposure and long-term growth potential. Whether you're an investor seeking stable returns or looking to expand your portfolio, this building combines modern updates, strong tenancy, and a strategic location that make it a standout choice. Rent roll available upon request!

FOR SALE DETAILS

PRICE

$975,000 USD

PRICE/SF

$296 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

HDB

APN/PARCEL ID

08-00156-0000-00047

ASK ABOUT THIS PROPERTY

Myriam CruzColdwell BankerMore Info
908-938-9684

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Myriam CruzColdwell BankerMore Info
908-938-9684

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