Listed by Kassin Sabbagh Realty
$1,950,000
17-19 S Main Street
Details
Property Type Retail, Office
Sub Type Medical Office, Commercial
Square Footage 8,400
Units 6
Cap Rate 4.00%
NOI $77,400
Class B
Year Built 1998
Buildings 1
Stories 1
Lot Size (SqFt) 20,000
Zoning commercial
Parking Spaces 60 spaces
Parking per 1,000 SqFt 7.14
Investment Type Owner/User
Retail | 4.00% CAP | 8,400 SqFt
Marketing description
Located in the heart of an established commercial district, 17–19 S Main Street offers a versatile and highly functional retail/office opportunity suited for a range of business operations. The property provides a flexible footprint ideal for service-based users, boutique retail, medical offices, or professional firms seeking strong visibility and steady neighborhood traffic. Its layout supports efficient operations while allowing for future customization or expansion depending on tenant needs.
Positioned along a well-traveled Main Street corridor, the site benefits from excellent regional connectivity, with quick access to major highways including Route 9, Route 18, and the Garden State Parkway. These connections offer seamless reach to key markets such as New Brunswick, Newark, and the greater New York metro area. Public transit, local amenities, dining, and retail centers are all within minutes, creating a convenient and accessible location for employees, customers, and service providers alike.
Overall, 17–19 S Main Street delivers a strategically located, adaptable commercial space in a high-demand New Jersey corridor—well-suited for tenants seeking visibility, accessibility, and long-term operational efficiency.
Investment highlights
- Opportunities exist to increase income through strategic leasing, possible repositioning, cosmetic upgrades, or re-tenanting at current market rents. The property's configuration and location provide flexibility for both investors and owner-users.
- 17-19 Main Street currently offers substantial value-add potential, with approximately half (50%) of the building available to lease.
- With efficient floor plans and adaptable spaces, the property accommodates a variety of commercial users-ideal for office, service-based businesses, health and wellness, or specialty retail, This diversity reduces leasing risk and expands the tenant pool.
- The property consists of multiple low-rise commercial buildings arranged around a central courtyard, offering a clean, modern aesthetic and functional layouts. Its configuration supports multi-tenant flexibility and stable long-term occupancy.
- Taxes: $25,000
- Insurance: $7,000
- In-Place NOI $77,400
- In-Place Cap: 4.0%
- Stabilized NOI $161,400
- Pro Forma : 8.3%
Listing Contacts
Listed by Kassin Sabbagh Realty
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$77,400.00
$6,450.00/mo
Valuation Metrics
0
DSCR
3.97%
Cap Rate
3.97%
ROI
Map
Zoning
M SpecialMunicipal
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics
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