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    Pennington, NJ
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    Pennington, NJ Mixed-use Properties for Sale

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    Historic Mixed-Use Building in Pennington
    Updated: Feb 4
    Historic Mixed-Use Building in Pennington

    24 N Main St, Pennington, NJ 08534

    $1,685,000
    6,236 sqft 0.13 AC lot
    Prime downtown Pennington location with high visibility
    Mixed‑use building offering both owner‑user and investment potential
    Fully leased second and third floors provide immediate income
    Large, handicap‑accessible first‑floor space suitable for retail or office use, divisible into multiple units
    Historic building with updated interior and well‑maintained condition
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 N Main St, PENNINGTON, NJ 08534

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    • Est. Cap Rate

      5.5%
      NOI ÷ price

    • Est. NOI

      $93K
      Annual

    • Mortgage

      $250K
      Aug 2017

    • Last Sold

      Aug 1996
      $328K
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    Historic Mixed-Use Building
    Updated: Feb 5
    Historic Mixed-Use Building

    24 N MAIN Street, Pennington, NJ 08534

    $1,685,000
    0.13 AC lot
    Historic mixed‑use building at 24 N Main Street in the center of Pennington Borough, originally built in 1890 as the Pennington Fire Station
    Total 6,236 SF: 2,968 SF first floor with handicap accessible street‑level storefront and separate entrance
    First‑floor layout has large open‑plan retail/office space and adjacent oversized room; can be subdivided into at least two units (min ~601 SF)
    Second and third floors total 3,268 SF and are fully leased long‑term to a prominent architectural firm with hardwood floors, tall ceilings, and large windows
    Second floor features up to eight private offices plus common work area and two bathrooms; third‑floor mezzanine offers a large open workspace
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    Mixed-Use Property with Operating Pizzeria
    Mixed-Use Property with Operating Pizzeria

    2 S Main St, Pennington, NJ 08534

    Contact for pricing

    Three-building mixed-use property with three commercial tenants, four apartments, and an operating pizzeria.

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    Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 3 Active listings in Pennington, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Ewing Mixed-Use Property For Sale
    Ewing Mixed-Use Property For Sale

    1150 Southard St, Ewing, NJ 08638

    $2,500,000
    52,000 sqft 2.43 AC lot

    52,000 SF mixed-use property on 2.43 acres in Ewing, NJ.

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    Freestanding Mixed-Use Property
    Freestanding Mixed-Use Property

    802 Prospect Street, Trenton, NJ 08618

    $1,299,000
    19,794 sqft 1.00 AC lot

    Two separate buildings combine vacant retail space with an occupied office component and on-site parking.

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    Renovated Mixed-Use Center
    Renovated Mixed-Use Center

    1569 Parkway Ave, Ewing, NJ 08628

    $1,300,000

    C2-zoned property combines retail, service, dining, event, and second-floor apartment or room uses.

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    Mixed-Use Property
    Mixed-Use Property

    2175 Spruce Street, Trenton, NJ 08638

    Contact for pricing
    9,500 sqft

    This 1965-built property carries BH zoning and supports a mixed-use commercial profile.

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land For Sale
    Land For Sale

    Trenton, NJ 08691

    Contact for pricing
    17.98 AC lot

    17.98 acres of land available.

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    Prime Land on Applegarth Road
    Prime Land on Applegarth Road

    123 Applegarth Road, Monroe, NJ 08831

    $1,275,000
    4.60 AC lot

    4.6-acre property with redevelopment potential in Monroe Township.

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    Waterfront Land in Burlington, NJ
    Waterfront Land in Burlington, NJ

    305 TATHAM Street, Burlington, NJ 08016

    $159,000
    1.99 AC lot

    Two buildable waterfront lots totaling 1.99 acres on Assicunk Creek.

    View details
    Commercial Land with Approved Subdivision
    Commercial Land with Approved Subdivision

    703 Route 524, Allentown, NJ 08501

    $569,000
    1.62 AC lot

    Approved commercial development lot with utilities and stormwater infrastructure complete, enabling mixed-use plans on Route 524.

    View details

    Pennington, NJ Mixed-Use Properties Market Trends and Statistics

    Explore 3 mixed-use properties for sale in Pennington, NJ, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 6,236 square feet of properties for sale, with an estimated market value of $3,370,000.

    Sale prices for multi use buildings in Pennington, NJ average $1,685,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 13K
    Population Growth (5Y) +0.1%
    Median Household Income $180,491

    High-Yield Neighborhoods for Investment

    Identify Pennington submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08534 $1.7M

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $63.29 per SF
    Tax Rate vs County Average 0.08 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Mercer County

    New Delisted

    Total CRE Inventory on Market (SF)

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