29 Race Street

    FRENCHTOWN, NJ 08825
    • $531,900
    • STATUS: Active Under Contract
    • ON SITE: 103 days
    • ID#: NJHT104210
    Under Contract
    UPDATED: 23 min ago
    $531,900
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    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.

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    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-05-19T11:55:21.583.
    www.eriksells.com/homes/91549335

    29 Race Street FRENCHTOWN, NJ 08825

    • Price: $531,900
    • Status: Active Under Contract
    • Updated: 23 min ago
    • ID#: NJHT104210
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    Neighborhood:
    Downtown
    County:
    Hunterdon
    Area:
    Frenchtown Boro (21011)
    High School:
    Delaware Valley Regional H.S.
    School District:
    Delaware Valley Regional Schools
    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.
    Exterior Features

    Architectural Style Other Construction Materials Vinyl SidingWood SidingCpvc/PvcCopper Plumbing Direction Faces East Garage YN No Location Type Downtown Parking Features Gravel Driveway Parking Types Off StreetOn Street Property Condition As-Is ConditionShows Well Riparian Rights YN No Road Responsibility Boro/Township Roof Flat Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Building Area Total 0.00 Building Features Private RestroomsClear SpanDisplay WindowFire EscapeSprinkler System Cooling Central A/CHeat Pump(S)Window Unit(S) Fireplace YN No Flooring Tile/BrickWoodCarpetVinyl Heating Baseboard - Hot WaterHeat Pump(S) Heating YN Yes Net Square Feet 0.00 Room List Master Bedroom Walls Ceilings OtherWood WallsMasonry

    Property Features

    Acceptable Financing Conventional Accessibility Features None Assessment Year 2018 Association YN No Building Name 29 RACE STREET Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Kingwood Ave Electric 100 Amp Service Elevators 0 Existing Lease Type Double Net Foundation Details Stone Heating Fuel ElectricOilPropane - Leased Hot Water Electric Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 6 Operating Expense Includes InsuranceSnow Removal Original MLSNumber 301392446894 Owner Pays Common Area MaintenanceInsurance Ownership Interest Fee Simple Possession Negotiable Property Sub Type Five Or More Units Rent Includes InsuranceSnow RemovalTrash RemovalTaxes Sale Type Standard Sewer Public Sewer Tax Annual Amount 15722.0 Tax Assessment Amount 470600.0 Tax Lot 5.1 Tenant Pays ElectricityHeatGasWaterSewerHot WaterInsuranceCable Tv Utilities Water AvailableSewer AvailableButaneElectric AvailablePhoneCable Tv AvailableAbove Ground Vacation Rental YN No Water Source Public Zoning R-4 Zoning Description Commerical

    Listing courtesy of Callaway Henderson Sotheby's Int'l-Lambertville.
    ©2019 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2019-05-19T11:55:21.583.
     
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