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532 Monroe St

1,351 SF Office/Retail Condo Unit Offered at $749,000 in Hoboken, NJ 07030

INVESTMENT HIGHLIGHTS

  • Very good location in Hoboken

PROPERTY FACTS

Price $749,000
Unit Size 1,351 SF
No. Units 1
Total Building Size 8,882 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Office
  • General Retail Storefront
  • Office Medical
Sale Type Investment or Owner User
Building Class B
Floors 5
Typical Floor Size 1,270 SF
Year Built 2006
Tenancy Single
Lot Size 0.03 AC
Sale Condition Build to Suit

1 UNIT AVAILABLE

Unit C

Unit Size 1,351 SF
Price $749,000
Price Per SF $554.40
Condo Use Office/Retail
Sale Type Investment or Owner User
Cap Rate 5.34%
NOI $40,000
Sale Conditions Build to Suit
DESCRIPTION

Please don't miss this well established 13 years old retail property which is for Sale with Drop shop business. The buyer can use all equipment in store as is condition. Also there are many possibilities to convert to other business. Now there are a lot of new construction for Residential and commercial use near this store and light rail is located only 3 block away(Jackson & 9th Street) If use back yard, The buyer pay extra $30,000.

SALE NOTES

Please don't miss this well established 13 years old retail property which is for Sale with Drop shop business. The buyer can use all equipment in store as is condition. Also there are many possibilities to convert to other business. Now there are a lot of new construction for Residential and commercial use near this store and light rail is located only 3 block away(Jackson & 9th Street) If use back yard, The buyer pay extra $30,000.

Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

MAJOR TENANT INFORMATION

TENANT SF OCCUPIED LEASE END DATE
New West Dry Cleaners 1,295 SF -

AMENITIES

  • Bus Line
  • Commuter Rail
  • Corner Lot
  • Courtyard
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning

NEARBY MAJOR RETAILERS

Capital One
Starbucks
Cluck-u-chicken
ACME
F45 Training, Inc.
Cycle Bar
My Gym Hoboken
StretchLab
Bank of America
ShopRite

ZONING

Zoning Code R-3 (Mixed Use)
R-3 (Mixed Use)
  • Listing ID: 26038633

  • Date on Market: 6/28/2022

  • Last Updated:

  • Address: 532 Monroe St, Hoboken, NJ 07030

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