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7.28% Cap Rate NNN Investment property 10 W Main St Bureau 453 m² 100 % Loué À vendre Moorestown, NJ 08057 1 489 574 € (3 288,95 €/m²)



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Résumé analytique
Rare opportunity to acquire a landmark mixed-use commercial property located in the heart of historic Moorestown's highly sought-after Main Street corridor. This beautifully maintained and extensively upgraded building offers immediate income, long-term stability, and future redevelopment potential through its flexible CRO (Commercial Residential Office) zoning designation.
Currently fully occupied with a lease in place through 2028, plus two additional five-year renewal options, the property provides investors with secure cash flow while preserving future upside through potential residential or mixed-use redevelopment, subject to township approvals.
Originally constructed with timeless architectural character and continuously maintained throughout ownership, the building features a stunning brick exterior, oversized covered front porch, grand foyer entrance, high ceilings, detailed trim work, crown molding, and an elegant winding staircase connecting all floors.
Recent renovations and capital improvements have positioned the property as a true turnkey investment. Luxury vinyl plank flooring, fresh paint, updated lighting fixtures, premium carpeting, extensive mechanical upgrades, and infrastructure improvements allow for minimal deferred maintenance.
Property Highlights
Prime Main Street location in the center of Moorestown
Fully occupied investment property
Current lease through 2028
Two additional 5-year renewal options
CRO (Commercial Residential Office) zoning
Potential future residential conversion or mixed-use redevelopment
Historic building with modern updates
5+ on-site parking spaces plus street parking
Walking distance to restaurants, shops, and downtown amenities
Strong tenant location with excellent visibility
Recent Capital Improvements
Complete commercial-grade electrical rewire completed approximately one year ago
New commercial sub-panels installed throughout the building
Interior sewer piping recently replaced with PVC
Exterior deck reconstructed prior to current tenancy
New sprinkler monitoring system installed approximately two years ago
Roof recoated during current ownership
Updated flooring, paint, carpeting, and lighting throughout
Building Systems
The property contains multiple HVAC systems providing efficient climate control throughout the building:
Rooftop HVAC system approximately 5-7 years old servicing upper floors with heating and air conditioning
Separate HVAC system approximately 2 years old servicing the first floor with heating and air conditioning
Existing boiler system supports radiator heat on the upper floors and has been professionally maintained
Radiator system serves as supplemental heating, as the HVAC systems independently provide heat throughout the building
Two heating zones
The building is protected by a monitored sprinkler system and all major systems have been regularly maintained.
Insurance & Utilities
Tenants maintain renter/business personal property insurance
Building insurance maintained by ownership
Estimated annual building insurance approximately $13,000
Utility responsibilities allocated pursuant to lease agreements
Zoning & Future Potential
The property's CRO zoning provides exceptional flexibility and creates future opportunities beyond its current use. The zoning permits both commercial and residential uses, allowing future owners to explore residential conversion, multi-unit redevelopment, or alternative mixed-use configurations, subject to municipal approvals.
Location Overview
Located in one of Southern New Jersey's most desirable downtown districts, Moorestown continues to attract residents, businesses, and investors seeking a walkable community with convenient access to Philadelphia and major transportation corridors.
The property's central Main Street location places tenants and visitors within walking distance of numerous restaurants, boutiques, coffee shops, professional offices, and community amenities while maintaining convenient access to Routes 38, 73, I-295, and the New Jersey Turnpike.
This is a rare opportunity to acquire a fully leased, historically significant property with long-term tenancy, extensive capital improvements, flexible zoning, and future redevelopment potential in one of New Jersey's premier downtown locations.
Currently fully occupied with a lease in place through 2028, plus two additional five-year renewal options, the property provides investors with secure cash flow while preserving future upside through potential residential or mixed-use redevelopment, subject to township approvals.
Originally constructed with timeless architectural character and continuously maintained throughout ownership, the building features a stunning brick exterior, oversized covered front porch, grand foyer entrance, high ceilings, detailed trim work, crown molding, and an elegant winding staircase connecting all floors.
Recent renovations and capital improvements have positioned the property as a true turnkey investment. Luxury vinyl plank flooring, fresh paint, updated lighting fixtures, premium carpeting, extensive mechanical upgrades, and infrastructure improvements allow for minimal deferred maintenance.
Property Highlights
Prime Main Street location in the center of Moorestown
Fully occupied investment property
Current lease through 2028
Two additional 5-year renewal options
CRO (Commercial Residential Office) zoning
Potential future residential conversion or mixed-use redevelopment
Historic building with modern updates
5+ on-site parking spaces plus street parking
Walking distance to restaurants, shops, and downtown amenities
Strong tenant location with excellent visibility
Recent Capital Improvements
Complete commercial-grade electrical rewire completed approximately one year ago
New commercial sub-panels installed throughout the building
Interior sewer piping recently replaced with PVC
Exterior deck reconstructed prior to current tenancy
New sprinkler monitoring system installed approximately two years ago
Roof recoated during current ownership
Updated flooring, paint, carpeting, and lighting throughout
Building Systems
The property contains multiple HVAC systems providing efficient climate control throughout the building:
Rooftop HVAC system approximately 5-7 years old servicing upper floors with heating and air conditioning
Separate HVAC system approximately 2 years old servicing the first floor with heating and air conditioning
Existing boiler system supports radiator heat on the upper floors and has been professionally maintained
Radiator system serves as supplemental heating, as the HVAC systems independently provide heat throughout the building
Two heating zones
The building is protected by a monitored sprinkler system and all major systems have been regularly maintained.
Insurance & Utilities
Tenants maintain renter/business personal property insurance
Building insurance maintained by ownership
Estimated annual building insurance approximately $13,000
Utility responsibilities allocated pursuant to lease agreements
Zoning & Future Potential
The property's CRO zoning provides exceptional flexibility and creates future opportunities beyond its current use. The zoning permits both commercial and residential uses, allowing future owners to explore residential conversion, multi-unit redevelopment, or alternative mixed-use configurations, subject to municipal approvals.
Location Overview
Located in one of Southern New Jersey's most desirable downtown districts, Moorestown continues to attract residents, businesses, and investors seeking a walkable community with convenient access to Philadelphia and major transportation corridors.
The property's central Main Street location places tenants and visitors within walking distance of numerous restaurants, boutiques, coffee shops, professional offices, and community amenities while maintaining convenient access to Routes 38, 73, I-295, and the New Jersey Turnpike.
This is a rare opportunity to acquire a fully leased, historically significant property with long-term tenancy, extensive capital improvements, flexible zoning, and future redevelopment potential in one of New Jersey's premier downtown locations.
Informations sur l’immeuble
Type de vente
Investissement
Type de bien
Bureau
Sous-type de bien
Loft
Surface de l’immeuble
453 m²
Classe d’immeuble
A
Année de construction/rénovation
1925/2024
Prix
1 489 574 €
Prix par m²
3 288,95 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
3 étages
Surface type par étage
151 m²
Dalle à dalle
3,05 m
Coefficient d’occupation des sols de l’immeuble
0,41
Surface du lot
0,11 ha
Zonage
R3, Moorestown Twp - commercial
Stationnement
6 places (13,25 places par 1 000 m² loué)
Caractéristiques
- Signalisation
1 1
Assez praticable à pied
50/100
Exceptionnellement adapté aux voitures
90/100
Transports en commun limités
30/100
Plutôt praticable en vélo
40/100
Taxes foncières
| Numéro de parcelle | 22-04502-0000-00017 | Évaluation des aménagements | 267 948 € |
| Évaluation du terrain | 103 744 € | Évaluation totale | 371 693 € |
Taxes foncières
Numéro de parcelle
22-04502-0000-00017
Évaluation du terrain
103 744 €
Évaluation des aménagements
267 948 €
Évaluation totale
371 693 €
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7.28% Cap Rate NNN Investment property | 10 W Main St
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