For Sale
$1,450,000

884 Us-206 Hillsborough Township, NJ 08844

Prime Route 206 location, investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
136
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.

Highlights

  • $1,450,000 asking price for a mixed-use property.
  • 7,186 SF free-standing commercial/industrial building and a 4-bedroom single-family residence.
  • Located on Route 206 in Hillsborough Township, Somerset County, NJ.

Property Details for 884 Us-206

Property type
Retail properties, Mixed-use properties
Square Feet
9,358 SF
Year Built/Renovated
1916/2019
Buildings
2
Stories
2
Lot Size (sq. ft)
41,382 SF

Location Insight

City
Hillsborough Township
County
Somerset
State
New Jersey
Latitude
40.4758274
Longitude
-74.6572771

FAQs

What type of property is this?
Retail property - Prime Route 206 location, investment opportunity.
Where is the retail property located?
The property is located at 884 Us-206 Hillsborough Township, NJ.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: $1,450,000 asking price for a mixed-use property.; 7,186 SF free-standing commercial/industrial building and a 4-bedroom single-family residence.; Located on Route 206 in Hillsborough Township, Somerset County, NJ.
How can I contact the broker?
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884 Us-206
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