216 Main ST, Metuchen, NJ 08840
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Naveen Sharma

Naveen Sharma

+1(732) 429-0939
$625,000
Est. payment /mo
10 SqFt
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Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Coming Soon

Purchase Type For Sale

Square Footage 10 sqft

Price per Sqft $62,500

MLS Listing ID 2614924R

Annual Tax Amount $11,963

Tax Year 2024

Lot Size 4,965 Sqft

Acres 0.114

Lot Dimensions 99.00 x 50.00

Property Sub-Type Commercial

Source CJMLS API

Property Description

216 Main Street, Metuchen - Prime Mixed-Use Development Opportunity. Positioned in the heart of Metuchen's vibrant downtown corridor, this property presents a compelling opportunity for redevelopment into a boutique mixed-use asset. Located within the B2 zoning district, the site supports a range of commercial and residential uses, ideal for today's demand for walkable, income-producing properties. The parcel lends itself to a 2-3 story development, with ground floor retail complemented by 2-4 residential units above, offering strong potential for long-term cash flow and value appreciation. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. The property is free of oil tanks, and access to gas service is readily available, simplifying future utility upgrades. Opportunities of this nature in downtown Metuchen are increasingly limited. This is an ideal acquisition for developers, investors, or end-users seeking to capitalize on the continued growth and demand in this highly desirable market. Property sold strictly as is. No showings till 5/4

Location

State NJ

County Middlesex

Zoning B2

Interior

Heating Baseboard Electric

Cooling Window Unit(s)

Flooring Laminate, See Remarks, Wood

Heat Source Oil in Ground

Exterior

Utilities Available Electricity Connected

Roof Type Asphalt,Flat

Total Parking Spaces 2

Building

Lot Description Near Public Transit, Near Shopping, Near Train

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 09002080000000550002

Energy Description Oil in Ground

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Central Jersey MLS (CJMLS)
Listed by KELLER WILLIAMS ELITE REALTORS

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Naveen Sharma

+1(732) 429-0939

naveen@fourpointrealty.com

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216 Main ST