408 E Main St | Bound Brook, NJ 08805
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408 E Main St
Bound Brook, NJ 08805
Transit Adjacent Landmark Retail Opportunity · Retail Property For Sale
Investment Highlights
- Value-add two-story former National Bank comprising ±8,200 square feet in flourishing Downtown Bound Brook steps from NJ Transit Train Station.
- Population is projected to grow by 4% over the next five years, reaching over 192,000 residents with a median household income of nearly $100,000.
- Seamless transit connections via NJ Transit and swift access to major highways, including Interstates 78, 287, and 95, NJ 28, and US 22.
- Located in an Opportunity Zone, investors can take advantage of tax incentives and favorable regulations to realize their vision.
- Boasting robust consumer spending exceeding $2.4 billion within a 5-mile radius is strategically positioned to cater to the affluent demographic.
- Unparalleled accessibility to metropolitan centers such as New York City, Hoboken, Jersey City, and Philadelphia within an hour's drive.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,200 SF
Building Class
C
Year Built
1900
Tenancy
Single
Building Height
2 Stories
Building FAR
0.59
Lot Size
0.32 AC
Zoning
B-2 - Allows you to do commercial on the first floor and residential(up to 4 floors).
Amenities
- Commuter Rail
- Signalized Intersection
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 04-00001-0000-00057 | Improvements Assessment | $268,300 |
| Land Assessment | $546,700 | Total Assessment | $815,000 |
PROPERTY TAXES
Parcel Number
04-00001-0000-00057
Land Assessment
$546,700
Improvements Assessment
$268,300
Total Assessment
$815,000
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