$455,000
$531,900
14.5%For more information regarding the value of a property, please contact us for a free consultation.
29 RACE ST Frenchtown, NJ 08825
8,712 Sqft Lot
Key Details
Sold Price $455,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Subdivision Downtown
MLS Listing ID NJHT104210
Annual Tax Amount $15,722
Tax Year 2018
Lot Size 8,712 Sqft
Property Description
Here's an exceptional commercial investment opportunity in the heart of historic Frenchtown, located near the bucolic Delaware River. This 6-unit building ticks all the boxes: centrally located on Frenchtown's main thoroughfare, with 4 separate shopfronts and 2 upper floor units, lots of natural light, and minimal set-up costs for investor and tenants alike. The second and third floors contain large, warehouse-style spaces with high ceilings, full baths, reception areas and private office space. The 4 ground-level units enjoy high exposure from a large, open courtyard which currently features installation art. All 6 units have bathroom facilities and office space in addition to display rooms and storage. Great signage visibility on Race Street. Established businesses surround this property. Courtyard area offers display & sitting area or possible expansion with borough approval.
Location
State NJ
County Hunterdon
Area Frenchtown Boro (21011)
Zoning R-4
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Heating Baseboard - Hot Water, Heat Pump(s)
Cooling Central A/C, Heat Pump(s), Window Unit(s)
Flooring Tile/Brick, Wood, Carpet, Vinyl
Exterior
Utilities Available Water Available, Sewer Available, Butane, Electric Available, Phone, Cable TV Available, Above Ground
Water Access N
Roof Type Flat
Building
Building Description Other,Wood Walls,Masonry, Private Restrooms,Clear Span,Display Window,Fire Escape,Sprinkler System
Foundation Stone
Sewer Public Sewer
Water Public
Structure Type Other,Wood Walls,Masonry
New Construction N
Schools
High Schools Delaware Valley Regional H.S.
School District Delaware Valley Regional Schools
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Bought with Matthew Meade • MWM Group LLC