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$625,000

Est. payment - /mo

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10 SqFt

Active

216 Main ST Metuchen, NJ 08840

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Samir Genid

sgenid@genidgroup.com +1(973) 265-9233

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

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 Central Air, Window Unit(s)

Flooring Laminate, See Remarks, Wood

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

Virtual Tour https://www.propertypanorama.com/instaview/msx/2614924R

Listed by KELLER WILLIAMS ELITE REALTORS

NEARBY SCHOOL & BUSINESS

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Samir Genid

Team Leader | License ID: 1541900

+1(973) 265-9233

216 Main ST Metuchen, NJ 08840

Samir Genid

Key Details

Location

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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216 Main ST