101 Nj-31 Pennington, NJ 08534
- Retail properties
- 10,000 SF
- 3.90 lot acres
Current Use by Public Records
- Retail properties
Property Details for 101 Nj-31
- Lot size
- 3.90 lot acres
- Property size
- 10,000 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional commercial property, known as Rosedale Mills, presents a unique investment opportunity in the desirable Pennington, New Jersey market. Located at 101 NJ-31, this 10,000 square foot building sits on a generous 3.9-acre lot, offering significant potential for a variety of uses. Currently zoned IC, the property is ideally suited for a restaurant, but its size and location allow for exploration of other retail ventures. The existing structure provides ample space for a thriving business, and the expansive lot offers significant room for expansion or outdoor amenities. The property's prominent location on Route 31 ensures high visibility and accessibility for customers. The asking price for this remarkable property is $3,995,000. The current owner is open to selling the business, including all equipment and inventory, or the real estate alone, providing flexibility for potential buyers. This is a rare opportunity to acquire a substantial commercial property in a thriving New Jersey community. The property's size, location, and zoning make it an attractive investment for both established businesses and new ventures seeking a prime location in Mercer County. Don't miss this chance to own a piece of Pennington's vibrant commercial landscape.
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
- Pennington
- County
- Mercer
- State
- New Jersey
- Longitude
- -74.7964
- Latitude
- 40.3493
