70-74 Witherspoon St, Princeton, NJ 08542
This exceptional mixed-use property, located at 70-74 Witherspoon Street in Princeton, NJ, presents a unique investment opportunity. Situated on a 0.11-acre lot, this fully approved and shovel-ready development offers unparalleled potential. The property's prime location on Witherspoon Street places it within walking distance of Princeton University, cultural attractions, and upscale amenities, ensuring high visibility and accessibility. The design seamlessly blends modern sophistication with classic charm, catering to both luxury and community needs. The building includes three elegantly designed apartments, each equipped with modern conveniences, offering comfortable and stylish living spaces. The layout also incorporates indoor and outdoor seating areas, perfectly suited for creating a vibrant and inviting atmosphere, ideal for a restaurant or similar hospitality venture. This property is a blank canvas, ready for an owner-occupant or investor to realize their vision, whether it's a high-end dining establishment combined with residential units or a diversified investment portfolio addition. The asking price is $3,750,000. This is a rare chance to acquire a piece of Princeton's rich history and vibrant future on one of the town's most desirable streets. The property's versatility and prime location make it an exceptional investment opportunity with significant long-term potential.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.