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    12 N Main Street

    PENNINGTON, NJ 08534
    • $1,495,000
    • STATUS: Active
    • ON SITE: 34 days
    • ID#: NJME310514
    Price Reduced
    $1,495,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    In an ideal heart-of-Pennington location with just the right amount of visibility, this viable, multi-use commercial investment opportunity includes tenant-occupied Main Street retail space, a leased upper-floor 4-bedroom apartment with full-size laundry; and behind, with 19 designated parking spaces, a professional office building with stylishly-designed suites and customizable spaces. The retail store is outfitted with modern flooring, a reception area, rear storage, and a bathroom. The big, sunny apartment above has its own entrance. The office building+GGs main tenant is an architectural firm that converted their suite into fresh, functional space that includes a glass-wall reception area, library/materials room, multiple individual offices plus a large, common room/showroom, 2 bathrooms, and conference and breakout rooms. The main level of the building houses a second long-term tenant with 8+flexible workspaces. Down the hall, there are six additional customizable office suites of which 4 are currently rented. Main level offices utilize two bathrooms in the common front foyer. This is an excellent investment opportunity providing secure income as most units are leased! Also listed as a residential sale MLS# NJME310764.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-17T23:52:06.63.
    www.thehollowayrealestategroup.com/homes/116044188
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    12 N Main Street PENNINGTON, NJ 08534

    • Price: $1,495,000
    • Status: Active
    • ID#: NJME310514
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    Pennington Boro (21108)
    County:
    Mercer
    Area:
    Pennington Boro (21108)
    School District:
    Hopewell Valley Regional Schools
    Property Description
    In an ideal heart-of-Pennington location with just the right amount of visibility, this viable, multi-use commercial investment opportunity includes tenant-occupied Main Street retail space, a leased upper-floor 4-bedroom apartment with full-size laundry; and behind, with 19 designated parking spaces, a professional office building with stylishly-designed suites and customizable spaces. The retail store is outfitted with modern flooring, a reception area, rear storage, and a bathroom. The big, sunny apartment above has its own entrance. The office building+GGs main tenant is an architectural firm that converted their suite into fresh, functional space that includes a glass-wall reception area, library/materials room, multiple individual offices plus a large, common room/showroom, 2 bathrooms, and conference and breakout rooms. The main level of the building houses a second long-term tenant with 8+flexible workspaces. Down the hall, there are six additional customizable office suites of which 4 are currently rented. Main level offices utilize two bathrooms in the common front foyer. This is an excellent investment opportunity providing secure income as most units are leased! Also listed as a residential sale MLS# NJME310764.
    Exterior Features

    Construction Materials Block Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 11000.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 11000.00

    Property Features

    Accessibility Features 2+ Access Exits Assessment Year 2020 Association YN No Business Type Other Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Lease Considered YN No Municipality Pennington Boro Navigable Water YN N Net Operating Income 121004.40 New Construction YN No Number Of Units Total 0 Original MLSNumber 304550314219 Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 34618.00 Tax Assessment Amount 1239900.00 Tax Lot 00022 Total Actual Rent 195412.62 Vacation Rental YN No Water Source Public Zoning B-R

    Listing courtesy of Callaway Henderson Sotheby's Int'l-Pennington.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or COMPASS. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-17T23:52:06.63.
     
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    COMPASS
    55 E Rte 70, Suite 2
    Marlton NJ, 08053