101 Nj-31, Pennington, NJ 08534
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.