Property
Raritan, NJ 08869 46 E Somerset Street
$975,000
15 more
Presented By: Robert Skinner, C21/ Action Plus Realty
SQFT • 2,428
SQFT • 2,428Home Details
SELLER SAYS ''Submit all Offers'' Nestled in very busy downtown Raritan Boro is an empty office building with a LEASE IN PLACE ! Raritan Foot and Ankle has moved out but is still paying the rent on the current lease until January 31, 2030. Paying a handsome cap rate of 6.01%, you may elect to renovate the building to your liking while collecting your rent !!
Presented By: Robert Skinner, C21/ Action Plus Realty
Interior Features for 46 E Somerset Street
Bathrooms
Total Baths
Other Interior Features
BasementHeated, Partially Finished, Tenant Access
FlooringWood
Total Fireplaces
General for 46 E Somerset Street
Accessibility Features Y/NNone
Additional Parcels Y/NNo
Association AmenitiesManagement, Landscaping
Business NameRaritan Foot and Ankle
Business TypeMedical, Professional Service, Professional/Office
Carport Y/NNo
CashTrue
CityRaritan
CountySomerset
DirectionsFrom US 22 West take the jug handle for 202/206 South towards Somerville. Turn left on Highway 206, (West End Avenue) then highway 206 South. Turn right on E Somerset Street and your destination is
Garage Spaces0.0
Garage Y/NNo
HeatingYN@Core.PermissionsNone
Heating_co_ElectricTrue
Home Warranty Y/NNo
Insurance Expense3523.9
Leasable Area2428.0
Lease Considered Y/NNo
Lease Renewal Y/NNo
Lot Size Square Feet8276.4
MLS AreaNone
MLS Area MinorRaritan Boro (RAR)
MaintenanceExpense30000.0
MobileHomeRemainsYNNo
New ConstructionNo
Operating Expense49787.28
Property SubtypeOffice
Property TypeCommercial Sale
Rent Control Y/NNo
RoofShingle, Sloping
Security FeaturesSecurity System
Senior CommunityNone
SewerPublic Sewer, Storm Sewers
Standard StatusActive
StatusActive
Stories Count2
Subdivision NameNone
Tax Annual Amount8915.0
Tax Assessed Value0
Tax Year2024
Utilities@Core.PermissionsNone
Water Body Access Y/NNone
Year Built1910
Zoning DescriptionOffice, Professional, General Highway, Commercial, Central Business
Exterior for 46 E Somerset Street
Building Area Total2428.0
Crops Included Y/NNo
Horse Y/NNo
InclusionsSigns, Business Name
Irrigation Water Rights Y/NNo
Lot FeaturesLevel, Curbing, Highway Frontage, Landscaped, Sidewalks
Lot Size Acres0.19
Lot Size Area0.19
Parking FeaturesLighted, On Site, Parking Lot, Paver Block
SpaNo
Total Parking10.0
Water SourcePublic
Additional Details
Price History
Brian Lee
Associate