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    OFF-MARKET
    Retail properties & Spaces

    101 Nj-31, Pennington, NJ 08534

    10,000 SF 3.9 ac lot
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Retail properties & Spaces
    Total area 10,000 SF
    Lot 3.9 ac (169,884 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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