Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    129 Route 31 Pennington, NJ 08534

    Sponsored
    For Sale
    Contact for pricing

    Turnkey Cafe/Deli Space - High Traffic Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional retail space, located at 129 Route 31 N in Pennington, NJ, presents a unique opportunity for a variety of businesses. Situated on a 1.72-acre lot, this property offers significant potential for a turnkey operation. The space is currently being prepared for lease and is ideal for a cafe, coffee shop, deli, or convenience store. The lease rate is $25.00 per square foot, plus CAM charges (to be determined). A significant advantage is the ample parking available on-site, complemented by the presence of an adjacent liquor store, creating a synergistic retail environment. The location benefits from strong public demand, ensuring a robust customer base. The property is ready for immediate occupancy, subject to the completion of the space division and a customary tenant application process. This allows for a swift and efficient start-up for the new tenant. A two-month security deposit, in addition to the first month's rent, is required. This prime location and turnkey setup make this an exceptional opportunity for a quick and profitable business launch. Don't miss out on this chance to establish your business in a thriving Pennington community. Contact us today to learn more and schedule a viewing.

    Property Features for 129 Route 31

    General Information

    Property type
    Retail properties
    Lot Size
    74,923 SF

    Building Details

    Year Built
    2005
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pennington
    County
    Mercer
    State
    New Jersey
    Longitude
    -74.79766
    Latitude
    40.3567

    Nearby Comparable

    • $3,995,000
      10,000 SF

      Rosedale Mills: Pennington Restaurant

      Prime Pennington Restaurant, 10,000 SF, 3.9 Acres
      101 Nj-31, Pennington, NJ 08534
      View Details
    • $1,489,500

      Turn-Key Restaurant with Income Potential

      Fully operational restaurant and music studio in Pennington Borough.
      12 S Main St Unit #A, Pennington, NJ 08534
      View Details
    • $4,200,000

      Cornerstone Court Retail Opportunity

      Retail property for sale at Cornerstone Court.
      1 Tree Farm Rd, Pennington, NJ 08534
      View Details
    • Contact for pricing
      4.83 Acres

      Pennington Office Space - Route 31

      Class A Office, High Visibility, 4.83 Acres
      10 Route 31, Pennington, NJ 08534
      View Details
    • $1,850,000
      6,236 SF

      Pennington Mixed-Use Gem

      Historic building, prime location, high ROI.
      24 Main St, Pennington, NJ 08534
      View Details
    • $975,000
      3,509 SF

      Mixed-Use Property with Bank Lease

      Mixed-use property featuring a bank lease and residential apartments.
      228 W Delaware Ave, Pennington, NJ 08534
      View Details
    • Contact for pricing
      10,711 SF

      Prime Pennington Retail Space

      10,711 SF Retail Building, 2.5 Acres
      2 Nj-31, Pennington, NJ 08534
      View Details
    • $295,000
      1.06 Acres

      Hopewell Mixed-Use Corner Lot

      High-traffic location, shovel-ready lot, approved plans.
      304 Route 31, Hopewell, NJ 08525
      View Details
    • $1,750,000
      94.14 Acres

      94 Acres Preserved Farmland

      94-acre preserved farmland suitable for various agricultural uses.
      12 Lynnbrook Dr, Lambertville, NJ 08530
      View Details
    • $1,750,000
      94.14 Acres

      Preserved Farmland in Lambertville

      94-acre preserved farmland suitable for various agricultural uses.
      12 Lynnbrook Dr, Lambertville, NJ 08530
      View Details

    Nearby Similar for Sale

    • $1,489,500

      Turn-Key Restaurant with Income Potential

      Fully operational restaurant and music studio in Pennington Borough.
      12 S Main St Unit #A, Pennington, NJ 08534
      View Details
    • $499,999

      Versatile Property in Pennington, NJ

      Adaptable property in Pennington, NJ, ideal for investment or residence.
      2405 Pennington Rd, Pennington, NJ 08534
      View Details
    • $799,000

      Stand-Alone Medical Office Building

      Freestanding building with medical office layout and ample parking.
      132 Pennington Rd, Pennington, NJ 08534
      View Details
    • $975,000
      3,509 SF

      Mixed-Use Property with Bank Lease

      Mixed-use property featuring a bank lease and residential apartments.
      228 W Delaware Ave, Pennington, NJ 08534
      View Details
    • Contact for pricing
      16,000 SF

      Industrial Property on 7.10 Acres

      16,000 SF industrial building on a 7.10 acre lot.
      1600 Reed Rd, Pennington, NJ 08534
      View Details
    • $4,200,000

      Cornerstone Court Retail Opportunity

      Retail property for sale at Cornerstone Court.
      1 Tree Farm Rd, Pennington, NJ 08534
      View Details
    • $2,495,000
      14,000 SF

      Industrial Property in Pennington, NJ

      14,000 SF industrial property available for sale.
      1607 Reed Rd, Pennington, NJ 08534
      View Details
    • Contact for pricing
      4.83 Acres

      Pennington Office Space - Route 31

      Class A Office, High Visibility, 4.83 Acres
      10 Route 31, Pennington, NJ 08534
      View Details
    • $3,995,000
      10,000 SF

      Rosedale Mills: Pennington Restaurant

      Prime Pennington Restaurant, 10,000 SF, 3.9 Acres
      101 Nj-31, Pennington, NJ 08534
      View Details
    • Contact for pricing
      10,711 SF

      Prime Pennington Retail Space

      10,711 SF Retail Building, 2.5 Acres
      2 Nj-31, Pennington, NJ 08534
      View Details
    • $1,850,000
      6,236 SF

      Pennington Mixed-Use Gem

      Historic building, prime location, high ROI.
      24 Main St, Pennington, NJ 08534
      View Details

    FAQs

    What type of property is this?
    Retail property - Turnkey Cafe/Deli Space - High Traffic Area
    Where is this retail property located?
    The property is located at 129 Route 31 Pennington, NJ.
    (609) 883-4161
    Request Owner's contact information
    129 Route 31 Pennington, NJ 08534
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    129 Route 31
    Pennington, NJ 08534
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    129 Route 31 Pennington, NJ 08534
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.