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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

Mixed-Use

Provident Bank Mixed-Use

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

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