451-453 State Rte 33 Millstone, NJ 08535
- Commercial real estate
- 6,000 SF
- 2.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 451-453 State Rte 33
- Year built
- 1960
- Lot size
- 2.00 lot acres
- Property size
- 6,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents two commercial buildings situated on a prime 2-acre corner lot in Millstone, NJ. The property boasts a total of 6,000 square feet and benefits from a C-50 zoning designation, allowing for a variety of uses. One building is currently leased as a retail store, generating immediate income. The second building is available for immediate occupancy, providing flexibility for an owner-occupier or a new tenant. The property features ample parking, ideal for both tenants and customers. Its location at a signalized intersection ensures high visibility and significant daily traffic counts, making it an excellent location for signage and attracting customers. The property's strategic placement offers exceptional exposure to the substantial amount of new residential construction currently underway in the booming Millstone area. This presents a unique chance to capitalize on the growth and increased demand for commercial services in this thriving community. The property's versatility allows for a range of commercial uses, including retail, office space, and potentially medical facilities. This is a rare opportunity to acquire a well-positioned, income-generating commercial property with significant upside potential. The asking price is $1,499,000.
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
- Millstone
- County
- Monmouth
- State
- New Jersey
- Longitude
- -74.3964
- Latitude
- 40.258