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    1377 Main St Hillsborough Township, NJ 08844

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    1377 Main St Hillsborough Township, NJ 08844


    • Land
    • 4,123 SF
    • 0.54 lot acres
    Off-Market

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    Cap Rate Potential
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    Current Use by Public Records

    • Land

    Property Details for 1377 Main St

    Year built
    1925
    Lot size
    0.54 lot acres
    Property size
    4,123 SF
    Property type
    Land

    Description

    This exceptional commercial property, located at 1377 Main Street in Millstone, New Jersey, presents a unique investment opportunity. The 0.54-acre lot features a two-story, 4,123 square foot building constructed in 1925. Currently configured as a three-unit mixed-use building, the property boasts a rich history, having previously served as the Somerset County Clerk's Office. The ground floor maintains its setup as a liquor store and bar, complete with a liquor license for both on-site consumption and package goods. The upper floor comprises a three-bedroom apartment and a one-bedroom apartment, providing additional income streams. The property is zoned HB and benefits from a prominent corner location with a traffic light, ensuring high visibility. An expansive 120x92 foot lot provides ample parking. The asking price is $1,000,000, translating to $242 per square foot. This property offers a blend of historical charm, established commercial use, and significant potential for future development or expansion. The APN is 1200003000000004. This is a rare opportunity to acquire a well-situated, income-generating property in Hillsborough Township, Somerset County, New Jersey, zip code 08844.


    Value Estimations

    based on Realmo’s proprietary methodology
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    • CAP approach

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    Location Insight

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    • Local Demand
    City
    Hillsborough Township
    County
    Somerset
    State
    New Jersey
    Longitude
    -74.5884
    Latitude
    40.5032
    More about this property
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