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Mixed-Use Buildings in Basking Ridge

31 S Finley Ave Basking Ridge, NJ 07920

31 S Finley Ave, Basking Ridge, NJ, 07920
$2,450,000
For Sale
$2,450,000

Mixed-use property with seven tenants and a large parking lot.

Lot Size0.25 Acres
Days on Market61

Property Features for 31 S Finley Ave

General Information

Standard status
Active
Lot size
0.25 Acres
Property subtype
Commercial

Building Details

Year Built
1960
Listing Agency NEXTHOME PREMIER
Listed by MARYALICE M. RAUSHI · License #7857167,PersonLicenseNumber
Source Elliman
Added: May 18 Checked: Jul 17 at 6:22 am

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NEXTHOME PREMIER


Investment Insights

Based on property information with market context.

This mixed-use property presents a rare opportunity for investors and is situated in the center of Basking Ridge on 0.25 acres. The property includes two buildings located at 31 South Finley and 32 Brownlee Place. It features a large parking lot with 14 spots, supplemented by on-street parking. The buildings are fully occupied by seven tenants and offer a 7% cap rate. The location has a bike score of 27, indicating it is somewhat bikeable, and a walk score of 22, suggesting car dependence.

Key Highlights

  • Fully Occupied with 7% Cap Rate
  • Two Buildings on One Lot
  • Prime Location in the Center of Basking Ridge

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Ehrhardt Center for Integrative ... Alternative Medicine Practice Good Tidings Plumbing ... Plumbing Service The Ehrhardt Center for Integrative ... Alternative Medicine Practice Kamini Patel Alternative Medicine Practice Basking In Nutrition Specialty Food Shop

Suggested Use

Auto Repair Shop Hair Salon Parking Lot & Garage Restaurant Spa & Massage Center Auto Parts Store Electrical Service Pharmacy Daycare Center (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with seven tenants and a large parking lot.
Where is this mixed-use property located?
The property is located at 31 S Finley Ave Basking Ridge, NJ.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: Fully Occupied with **7% Cap Rate**; Two Buildings on One Lot; Prime Location in the Center of Basking Ridge
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