Property summary
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.
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