For Sale
$1,100,000

1377 Millstone Riv RdHillsborough Township, NJ 08844

Prime 3-unit mixed-use building, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a freestanding, three-unit mixed-use building ideally situated on a traffic light corner in Hillsborough Township, New Jersey. The property boasts a total of 3,232 square feet and includes a ground floor liquor store currently under a 15-year NNN lease at $3,300 per month, with annual rent increases. Adding to the income stream are two residential units: a three-bedroom apartment renting for $2,400 per month and a one-bedroom apartment on the second floor. The property is zoned VC and benefits from a sizable additional lot (120x92 feet) providing ample parking. This location offers excellent visibility and accessibility, making it an attractive investment. The asking price is $1,100,000. Historically significant, this site was once home to the Somerset County Clerk's Office, adding a unique element to this already compelling investment opportunity. The property is located at 1377 Millstone River Road (Main Street), Hillsborough Township, NJ 08844.

Highlights

  • Freestanding three-unit mixed-use building on a signalized corner lot in Hillsborough Township, NJ.
  • Ground floor liquor store under a 15-year NNN lease at $3,300/month with annual rent increases; plus two residential units (3-bedroom at $2,400/month and 1-bedroom).
  • VC zoning with an additional 11,040 SF (120x92 ft) lot providing ample parking.
  • 3,232 square feet total building area.
  • Asking price: $1,100,000.

Property Details for 1377 Millstone Riv Rd

Property type
Retail properties, Retail space
Square Feet
3,232 SF

Location Insight

City
Hillsborough Township
County
Somerset
State
New Jersey
Latitude
40.503031
Longitude
-74.5882329
1377 Millstone Riv Rd, Hillsborough Township, New Jersey

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1377 Millstone Riv Rd
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