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Princeton,NJ 08540
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 12,197 sqft
Price per Sqft $147
Subdivision Princeton East
MLS Listing ID NJME2064916
Year Built 1970
Annual Tax Amount $23,666
Tax Year 2024
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 0.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Rare investment opportunity in the heart of Princeton! This mixed-use property offers existing income with even greater upside potential. With a leased 2 bedroom apartment, dental office and vacant office space, investors have multiple options to maximize returns. The office space can be leased as-is—perfect for medical or professional use—or, with city zoning approval, converted into two additional residential apartments to boost rental income. The property also includes a large unfinished basement with interior and exterior access, ideal for storage rental, workspace, or other creative uses to generate supplemental income. With its prime location, flexible layout, and multiple revenue streams, this property is a true value-add opportunity for both investors and owner-occupants. Don't miss the chance to capitalize on Princeton's strong rental market and the versatility this building provides.
Location
State NJ
County Mercer
Area Princeton (21114)
Zoning POR
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Ceramic Tile,Carpet
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Utilities Available Above Ground
Water Access N
Roof Type Asphalt
Accessibility 2+ Access Exits
Total Parking Spaces 12
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
High Schools Princeton H.S.
School District Princeton Regional Schools
Others
Tax ID 14-07305-00031
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash,Conventional,Negotiable
Listing Terms Cash,Conventional,Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard