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$ 950,000
Est. payment /mo
New
150 W End Ave Somerville Boro, NJ 08876
1,400 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 1,400 sqft
Price per Sqft $678
MLS Listing ID 4039365
Annual Tax Amount $18,128
Tax Year 2025
Lot Size 0.410 Acres
Property Description
150 West End Ave presents an exceptional investment opportunity in the heart of Somerville. This 4,101 SF (tax records) professional office building is configured with 14 rentable spaces, including 11 office suites, 2 storage suites, and a finished basement office. Zoned for professional office use, the property offers approximately 16 on-site parking spaces and a diverse tenant mix with both gross and modified gross leases. Tenants are responsible for landscaping and snow removal, helping reduce operating expenses.The property offers significant upside with three vacant office suites and two vacant storage spaces, allowing a new owner to increase cash flow by leasing at current market rents. With a projected pro forma cap rate exceeding 10%, this is an ideal opportunity for investors seeking immediate value-add potential or an owner-user looking to occupy space while generating rental income.Conveniently located just minutes from vibrant Downtown Somerville, the Somerville train station, and major highways including Routes 22, 202/206, 287, and Interstate 78, the property provides excellent accessibility for tenants and clients alike. Its central location, strong rental upside, ample parking, and flexible suite configuration make 150 West End Ave an attractive addition to any commercial real estate portfolio.
Location
State NJ
County Somerset
Zoning office
Rooms
Basement Finished, Full
Interior
Heating Gas-Natural
Cooling 2 Units, Central Air
Flooring Carpeting, Vinyl-Linoleum
Equipment Smoke Detector, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Brick/Block
Utilities Available Electric, Gas In Street
Roof Type Asphalt Shingle
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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