465 Union AveBound Brook, NJ 08805

For Sale
Call for price

Prime 6,051 SF Retail/Mixed-Use Building

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 6,051-square-foot mixed-use property, located at 465 West Union Avenue in Bound Brook, New Jersey, presents a unique investment opportunity. Situated on a 0.344-acre lot, the single-story building boasts 100 feet of frontage on West Union Avenue, ensuring high visibility and accessibility. Currently undergoing township approval for conversion to a mixed-use development incorporating residential units and ground-floor retail space, this property offers significant potential for future income generation. The building includes a convenient rear loading door, and the rear lot offers the possibility of creating additional on-site parking beyond the existing 8 spaces. The asking price is $18 per square foot. This prime location in Somerset County, zip code 08805, offers easy access to major transportation routes and a thriving local community. The property's versatility and potential for redevelopment make it an attractive investment for both seasoned developers and astute investors seeking a high-return opportunity in a desirable New Jersey market. The current zoning and development plans should be independently verified.

Highlights

  • Sale Price: Call for Quote
  • 100' frontage on West Union Avenue
  • Pending township approval for mixed-use conversion (residential & ground floor retail)
  • Rear loading door
  • Potential for additional on-site parking
  • Asking rent: $18/SF

Property Details for 465 Union Ave

Property type
Other retail properties, Other mixed-use properties
Square Feet
6,051 SF
Stories
1
Lot Size (sq. ft)
14,985 SF

Location Insight

City
Bound Brook
County
Somerset
State
New Jersey
Latitude
40.5681321
Longitude
-74.5465571
465 Union Ave, Bound Brook, New Jersey

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465 Union Ave
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