71 Broad St Hopewell, NJ 08525-1832

This exceptional 1.81-acre property, situated at 71 E Broad Street in the heart of Hopewell Borough, New Jersey, presents a unique redevelopment opportunity. Boasting 330 feet of frontage on the town's main thoroughfare, this site is strategically positioned within a designated redevelopment area, as outlined in the Hopewell Borough Redevelopment Plan. The existing structure, a former garage, possesses approved plans for expansion and renovation, streamlining the development process. The property's zoning, a blend of Business and Residential, allows for a diverse range of development possibilities, catering to various project visions. With a total area of 5,000 square feet, this site offers ample space for a substantial project. Its prime location in the thriving downtown area ensures high visibility and accessibility, making it an attractive investment for developers seeking a high-impact project in a desirable New Jersey community. The existing approvals significantly reduce pre-construction hurdles, allowing for a faster and more efficient development timeline. This is a rare chance to acquire a ready-to-develop site in a vibrant and growing town, offering significant potential for return on investment. The asking price is $2,600,000.