For Sale
$5,000

1188 Millstone River RdHillsborough, NJ 08844

Renovated Apartment & Flower Shop Lease

Overview

Added:
Feb 3
Days on market:
63
This unique investment property in Hillsborough, NJ, presents a rare opportunity to acquire a mixed-use building encompassing a recently renovated two-bedroom apartment situated above a long-established flower shop. The property also includes a sizable greenhouse, adding to its versatility and potential income streams. The flower shop has a pre-existing, non-conforming use, providing a significant advantage in a high-traffic residential area. The 3.36-acre lot offers ample parking, enhancing the convenience for both the flower shop's customers and the apartment's residents. The lease agreement covers the flower shop, the apartment, and the greenhouse, providing a comprehensive income stream from multiple sources. This presents a compelling investment opportunity for those seeking a diversified portfolio with established tenants and significant potential for future growth. The property's location in a high-traffic residential area ensures consistent visibility and accessibility. The combination of a residential component and a well-established commercial business makes this a truly unique and attractive investment. The recent renovations to the apartment enhance its appeal and rental value. The large greenhouse offers additional possibilities for expansion or diversification of the existing business. This property is being offered at $5,000. Serious inquiries only.

Property Details for 1188 Millstone River Rd

Property type
Year Built
1949
Lot Size (sq. ft)
146,362 SF

Location Insight

City
Hillsborough
County
Somerset
State
New Jersey
Latitude
40.51584
Longitude
-74.58829
1188 Millstone River Rd, Hillsborough, New Jersey

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1188 Millstone River Rd
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