The Granetz Building | 201-217 W Main St
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The Granetz Building 201-217 W Main St
45,000 SF Vacant Retail Building Somerville, NJ 08876 $4,250,000 ($94/SF)
Investment Highlights
- Coveted location for future redevelopment
- For Sale As-Is
- Only 0.4 miles to Somerville Train Station
Executive Summary
Fully Vacant - Prime opportunity for future redevelopment
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
45,000 SF
Building Class
B
Year Built
1890
Price
$4,250,000
Price Per SF
$94
Percent Leased
Vacant
Tenancy
Multiple
Building Height
4 Stories
Building FAR
1.52
Land Acres
0.68 AC
Zoning
B-2 - B-2 Central Business & Special Improvement District
Parking
41 Spaces (0.91 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Signalized Intersection
Walk Score ®
Very Walkable (87)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 18-00130-0000-00001 | Improvements Assessment | $2,307,000 |
Land Assessment | $693,000 | Total Assessment | $3,000,000 |
PROPERTY TAXES
Parcel Number
18-00130-0000-00001
Land Assessment
$693,000
Improvements Assessment
$2,307,000
Total Assessment
$3,000,000
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The Granetz Building | 201-217 W Main St
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