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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

884 Us-206 Hillsborough Township, NJ 08844

9,358 SF 0.95 ac lot Built 1916
Property ID
Property summary
AI-generated overview

This exceptional mixed-use property in Hillsborough Township, Somerset County, New Jersey, presents a rare investment opportunity. The offering encompasses a 7,186 square foot free-standing commercial/industrial building and a separate 4-bedroom single-family residence, both situated on a nearly one-acre lot with excellent Route 206 visibility. The commercial building, formerly housing "Belle Mead Hot Glass," boasts ceiling heights ranging from 9 to 23 feet, a drive-in door, abundant electrical service, natural gas piping, a full bathroom, kitchenette, safety shower, skylights, and LED lighting. The second floor offers additional office and workspace overlooking a large, high-ceilinged area. The C-1 zoning permits various uses, including retail, offices, medical centers, and restaurants, while a Board of Adjustment Resolution allows for manufacturing. The residential component, currently leased at $2,500 per month plus utilities, features 2,172 square feet and is under lease until October 31, 2023. The property includes 11+ parking spaces and convenient access to Route 206 and the Route 206 Bypass. Public water and sewer are available. Built in 1916 and renovated in 2019, this two-story, two-building property offers a unique blend of commercial and residential income potential. The asking price is $1,450,000, translating to $154.95 per square foot. Comprehensive documentation, including the residential lease, property survey, certificate of occupancy, Board of Adjustment Resolution, building plans, and land use ordinance, is available upon request.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1916
Total area 9,358 SF
Lot 0.95 ac (41,382 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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