Property summary
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.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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