For Sale
$3,995,000

101 Nj-31 Pennington, NJ 08534

Prime Pennington Restaurant, 10,000 SF, 3.9 Acres

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional commercial property, known as Rosedale Mills, presents a unique investment opportunity in the desirable Pennington, New Jersey market. Located at 101 NJ-31, this 10,000 square foot building sits on a generous 3.9-acre lot, offering significant potential for a variety of uses. Currently zoned IC, the property is ideally suited for a restaurant, but its size and location allow for exploration of other retail ventures. The existing structure provides ample space for a thriving business, and the expansive lot offers significant room for expansion or outdoor amenities. The property's prominent location on Route 31 ensures high visibility and accessibility for customers. The asking price for this remarkable property is $3,995,000. The current owner is open to selling the business, including all equipment and inventory, or the real estate alone, providing flexibility for potential buyers. This is a rare opportunity to acquire a substantial commercial property in a thriving New Jersey community. The property's size, location, and zoning make it an attractive investment for both established businesses and new ventures seeking a prime location in Mercer County. Don't miss this chance to own a piece of Pennington's vibrant commercial landscape.

Highlights

  • 10,000 SF building on a 3.9-acre lot in Pennington, NJ.
  • Located at 101 NJ-31, offering high visibility and accessibility.
  • IC zoning, suitable for restaurant or other retail uses.
  • Asking price: $3,995,000.
  • Sale includes option to purchase business assets (equipment and inventory) or real estate only.

Property Details for 101 Nj-31

Property type
Retail properties, Restaurants
Square Feet
10,000 SF
Lot Size (sq. ft)
169,884 SF

Location Insight

City
Pennington
County
Mercer
State
New Jersey
Latitude
40.3493508
Longitude
-74.7963878

FAQs

What type of property is this?
Retail property - Prime Pennington Restaurant, 10,000 SF, 3.9 Acres
Where is the retail property located?
The property is located at 101 Nj-31 Pennington, NJ.
What is the asking price?
The asking price for this property is $3,995,000.
What are key features of this property?
This property features: 10,000 SF building on a 3.9-acre lot in Pennington, NJ.; Located at 101 NJ-31, offering high visibility and accessibility.; IC zoning, suitable for restaurant or other retail uses.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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101 Nj-31
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