4314-24 Broad St Hamilton, NJ 08620
- Mixed-use properties
- 8,000 SF
- 3.20 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 4314-24 Broad St
- Year built
- 1950
- Lot size
- 3.20 lot acres
- Property size
- 8,000 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property presents a unique investment opportunity in Hamilton, NJ. The offering encompasses a substantial 8,000 square foot commercial building situated on a sprawling 7+ acre lot (3.2 acres deeded). The property currently boasts two long-term commercial leases, generating consistent rental income, and includes one immediately available commercial space ready for occupancy. Adding to its versatility, the property also features a dedicated permanent storage building and a separate residential structure, expanding its potential uses and revenue streams. Ample parking is provided with a 60-space lot. The significant acreage offers considerable potential for future development. Importantly, the environmental due diligence has already been completed, with wetlands delineation and necessary approvals secured from the State of New Jersey, streamlining the development process for any future expansion or construction projects. This turnkey investment offers a blend of immediate income generation and substantial long-term growth potential, making it an attractive proposition for discerning investors seeking a diversified portfolio. The asking price of $5,900,000 reflects the property's significant value and potential. This is a rare opportunity to acquire a substantial mixed-use property in a desirable location with immediate income and significant future development potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hamilton
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.6757
- Latitude
- 40.1825
