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Belle Mead Hot Glass- Mixed Use 884 US Highway 206

9,358 SF 99% Leased Industrial Building Hillsborough, NJ 08844 $1,450,000 ($155/SF)

Investment Highlights

  • Mixed Use- 7,186 +/- SF Industrial Building & 4 Bedroom Single-Family Residential House (2,172 +/- SF) on Route 206... (SF per tax assessor)
  • 7,186 +/- SF Industrial/Warehouse Building...
  • Parking Available Between the Commercial Building & Single-Family Residential House...
  • Great Signage & Visibility Along Route 206...
  • 4 Bedroom Single Family Residence (2,172 +/- SF)...

Executive Summary

ATTENTION: Owner/User, and/or Investor... ANNOUNCING: Rare Opportunity in Hillsborough Township... Mixed-Use Property... Free-Standing, 7,186+/- SF (per tax assessor) Commercial Building & 4-Bedroom Residential Single-Family Residence, 2,172+/- SF (per tax assessor), on nearly an acre of land, fronting Route 206 with excellent visibility, just south of Mountainview Rd & the Route 206 Bypass in Hillsborough Township. The Commercial Building was the home of "Belle Mead Hot Glass . The Board of Adjustment Resolution permitted Manufacturing use, not permitted in the C-1 zone. Permitted & Conditional uses in the C-1 zone includes: Retail; Offices; Medical Centers; Free-Standing Restaurants; Day Care & Adult Day Care Centers; and, others. Ceiling heights in the commercial building range in heights from 9' to 23', with a drive-in door. Abundant electrical service and natural gas piping is available throughout the commercial building. The building also possesses a full bathroom, kitchenette area, safety shower, skylights, LED lighting. The second floor has office-space and work-space, which overlooks the 1,600 +/- area possessing 23' ceiling height space. The residence is currently leased at $2,500/month plus tenant pays utilities. Public Water. Public Sewer. The property possesses 11+ parking stalls. Access to Route 206 and, to the Route 206 Bypass going north, nearby. Two of the strongest commercial market segments have been, and continue to be industrial/warehousing and residential rentals. ACT QUICKLY! Residential tenant lease is effective through 10/31/2023. Residential Rent is $2,500/Month plus utilities. All Documents... Residential Lease, Property Survey, C-of-O, Board of Adjustment Resolution, Building Plans, Land Use Ordinance, etc. are available, upon request. Please contact the Listing Agent... Charles G. Horn, at (609) 933-9300 (Cell/Text) for additional details and to schedule a showing appointment.

Property Facts

Price $1,450,000
Price Per SF $155
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Warehouse
  • General Retail Storefront Retail/Residential
  • Office Medical
  • Office Office Residential
Lot Size 0.95 AC
Rentable Building Area 9,358 SF
No. Stories 2
Year Built/Renovated 1916/2019
Parking Ratio 1.18/1,000 SF
No. Drive In / Grade-Level Doors 1

Amenities

  • Mezzanine
  • Signage
  • Skylights

Utilities

  • Lighting
  • Gas - Natural
  • Water - City
  • Sewer - City

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-00180-01-00003
Land Assessment
$419,500
Improvements Assessment
$629,300
Total Assessment
$1,048,800

zoning

Zoning Code C-1 (C-1 Neighborhood Shopping Center District Land Use Ordinance and Board of Adjustment Resolution available upon request.)
C-1 (C-1 Neighborhood Shopping Center District Land Use Ordinance and Board of Adjustment Resolution available upon request.)
  • Listing ID: 27621575

  • Date on Market: 1/28/2023

  • Last Updated:

  • Address: 884 US Highway 206, Hillsborough, NJ 08844

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