Mixed-Use
Provident Bank Mixed-Use
28-32 W Main St, Somerville, NJ 08876
Listing Price: $4,250,000
Cap Rate
6.65%
Number of Units
12
Occupancy
100.0%
Price/Unit
$354,167
Price/Gross SF
$241.48
Gross SF
17,600
Investment Overview
Marcus & Millichap is pleased to exclusively present a 100% fully occupied mixed-use building located at 28-32 W Main Street, Somerville, Somerset County, New Jersey.
Investment Highlights
- Ten Apartments over Two Retail Units – Provident Bank and Gallery on Main
- 76% of Gross Income Comes from Apartments – Meticulously Maintained and Managed
- 22 Parking Spaces – Extremely Rare in Downtown Somerville
Exclusively Listed By
Listing Price: $4,250,000
Cap Rate
6.65%
Number of Units
12
Occupancy
100.0%
Price/Unit
$354,167
Price/Gross SF
$241.48
Gross SF
17,600
Investment Highlights
- Ten Apartments over Two Retail Units – Provident Bank and Gallery on Main
- 76% of Gross Income Comes from Apartments – Meticulously Maintained and Managed
- 22 Parking Spaces – Extremely Rare in Downtown Somerville
Investment Overview
Marcus & Millichap is pleased to exclusively present a 100% fully occupied mixed-use building located at 28-32 W Main Street, Somerville, Somerset County, New Jersey.
Exclusively Listed By

