$985,000
$1,090,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
0.39 Acres Lot
SOLD DATE : 02/10/2021
Key Details
Sold Price $985,000
Property Type Single Family Home
Sub Type Detached
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJSO112894
Sold Date 02/10/21
Style Colonial
Bedrooms 4
Full Baths 2
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $9,690
Tax Year 2019
Lot Size 0.385 Acres
Acres 0.39
Lot Dimensions 0.00 x 0.00
Property Description
A once-in-a-lifetime investment opportunity! Just minutes from Princeton and Hopewell, on the high-profile corner of Route 518 and Great Road, this historic Blawenburg building offers fantastic visibility and flexibility with a prime mixed-use property comprised of recently remodeled commercial space and 2 fully leased rental townhomes. Any change of usage must be approved by the Township with a site plan and parking. The renovated commercial space has a modern, farmhouse-style cafe beautifully appointed with reclaimed and natural materials, and a fully outfitted kitchen - making it perfect for a restaurant or catering outfit, but the possibilities are endless: professional offices, yoga studio, wellness center, and more. Included are an outdoor terrace, parking for 25 vehicles, and a heated outbuilding that was once the Blawenburg Post Office, and now an opportunity for training, take-out, or extra storage. The seating capacity is for fifty or fewer. Generating income to offset the cost of the commercial space are a renovated 2 bedroom/1.5 bath and a 4 bedroom/2 bath. There currently exists a mixed use building on the property, with two (2) residential apartments and a commercial use. The residential use is existing nonconforming and approved by the Zoning Board of Adjustment in Case BA-9-90
Location
State NJ
County Somerset
Area Montgomery Twp (21813)
Zoning MIXED USE
Rooms
Other Rooms Living Room, Dining Room, Primary Bedroom, Bedroom 2, Bedroom 3, Bedroom 4, Kitchen, Foyer
Basement Unfinished
Interior
Interior Features Store/Office
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 2
Sewer Public Sewer
Water Well
Architectural Style Colonial
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
High Schools Montgomery H.S.
School District Montgomery Township Public Schools
Others
Senior Community No
Tax ID 13-32002-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Susan L DiMeglio • Callaway Henderson Sotheby's Int'l-Princeton
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "