24 Broad StReadington Township, NJ 08887

For Sale
$899,900

Restaurant/Apartment Combo, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional mixed-use property in Readington Township, NJ, presents a lucrative investment opportunity. The 3,500 square foot building, constructed in 1950 and extensively renovated in 2022, boasts a prime location at a Route 202 intersection between Flemington and Somerville, ensuring high visibility and accessibility. The building features 1,900 square feet dedicated to a commercial space, approved for various food establishments including pizzerias, and includes some existing inventory. The remaining space comprises a fully renovated two-bedroom apartment with a private entrance, ideal for owner occupancy or rental income generation. The exterior showcases a blend of stucco and stone, complemented by new windows and a new roof. Ample on-site parking (8 spaces) caters to both business patrons and apartment residents. Additional features include a full basement, office space, and substantial storage. The property sits on a 0.55-acre lot and is connected to public sewer. Its strategic location benefits from proximity to Three Bridges, Hunters Crossing Condominiums, and a nearby 80-unit development under construction, promising increased customer traffic. Owner financing is available with an acceptable offer. This turnkey operation offers a unique blend of commercial and residential potential, making it an attractive investment for discerning buyers. The asking price is $899,900.

Highlights

  • $899,900 asking price for a mixed-use property.
  • 3,500 square feet, with a price per square foot of $257.11.
  • Located at 24 Broad St, Readington Township, NJ 08887.
  • 1950 construction, renovated in 2022; includes a two-bedroom apartment.
  • Features 8 parking spaces on a 0.55-acre lot, zoned Village Commercial.

Property Details for 24 Broad St

Property type
Restaurants, Other mixed-use properties
Square Feet
3,500 SF
Year Built/Renovated
1950/2022
Buildings
1
Stories
2
Lot Size (sq. ft)
23,958 SF

Location Insight

City
Readington Township
County
Hunterdon
State
New Jersey
Latitude
40.5245728
Longitude
-74.79827
24 Broad St, Readington Township, New Jersey

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24 Broad St
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