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16 Main St #16, Butler, NJ, 07405

--beds
2baths
4,773sqft
$1,050,000
$220price/sqft
$7,754/moest. monthly cost
$310,160/yrincome needed

About This Home

Calling All Investors! An exceptional opportunity to own a fully leased mixed-use investment property in the heart of Butler's thriving Main Street business district. This income-producing asset features 2 established retail storefronts and 3 residential apartments, exclusive parking lot, offering a diversified rental portfolio with stable cash flow.The property is anchored by long-term commercial tenants, providing dependable income, while the residential units add consistent rental revenue. Located in a high-visibility, high-traffic location with excellent exposure, surrounded by local businesses, restaurants, and everyday conveniences.Whether you're looking to expand your investment portfolio or complete a 1031 exchange, this turnkey property offers strong income potential, multiple income streams, and long-term appreciation in a desirable North Jersey market. 2 Store fronts +3 apt units, cap7%+

Getting Around

77
WalkingVery Walkable
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

5/10
Butler High SchoolGrades 9-120.4 mi
7/10

Construction

Condition

  • Year built: 1893

Materials

  • Roof: Asphalt Shingle
  • Construction materials: Formed Concrete,Wood,Wood Siding

Type & Style

  • Home type: Apartment
  • Property subType: Apartment

Interior

Basement

  • Basement: None,Crawl Space

Bedrooms & Bathrooms

  • Bathrooms: 2

Features

  • Door features: Max Door Height: 0

Heating & Cooling

  • Heating features: Baseboard - Electric,Natural Gas
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 4,773
  • Total interior livable area: 4,773 sqft

Property

Details

  • Parcel number: 2303000250000000230000
  • Attached to another structure: Yes
  • Zoning description: commercial
  • Other equipment: Appliances

Features

  • Stories: 2

Lot

  • Lot size: 4,356 sqft
  • Features: Corner Lot,Business District
  • Lot size dimensions: 50 x 83 AVG

Parking

  • Parking features: Parking Lot-Exclusive,See Remarks