Property summary
This exceptional mixed-use property, located at 565 Union Avenue in Middlesex, NJ, presents a compelling investment opportunity. The 1.35-acre lot boasts significant frontage on State Highway 28 (Union Avenue), ensuring high visibility and accessibility. The main building comprises approximately 11,452 square feet of space, previously occupied by a wholesale florist business. The property features seven overhead doors, including one extra-large 12-foot door, providing ample access for loading and unloading. Currently zoned RT (Residential Transition), this property offers significant potential for redevelopment or repurposing, subject to necessary municipal approvals. The strategic location and substantial square footage make this an ideal prospect for a variety of commercial ventures or adaptive reuse projects. Investors will appreciate the considerable size of the lot and the existing building's infrastructure, offering a solid foundation for future development. The high-traffic location on a major state highway ensures excellent exposure and potential for strong returns. Serious inquiries are encouraged to explore the possibilities this unique property presents. All aspects of the property are being sold "as is".
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
RT · Middlesex, NJZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for RT in Middlesex, NJ.
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