4585-4587 ROUTE 27 Kingston, NJ $ 4,200,000
4585-4587 ROUTE 27
$ 4,200,000
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4585-4587 ROUTE 27

Kingston, NJ, 08528
$ 4,200,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 24,845

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Commercial Property for sale in Kingston, NJ

for $4,200,000. This building was built in 1988 on a lot size of 37.00 x 198.00.

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! The perfect blend of commercial andresidential real estate. These 3 impeccably maintained properties are fully rented and locatedjust 5 minutes from Princeton in the picturesque downtown Kingston with its newly reinventeddining scene. This property will provide income, depreciation, equity, appreciation and leverage.This property includes a restaurant and an adjoining mixed-use building, a 4-unitapartment building and the private 24-spot parking lot that joins them. Yes, 3 of the mostcentrally located buildings situated around the largest parking area in town - aninvestors dream scenario! The thriving market/restaurant is renovated with casual, industrial flair. Durable wood-look tile runs all the way through the fully-equipped kitchenwith walk-in cooler and storage. Next door, alfresco seating under a pergola spreads outin front of a charming building with a full apartment upstairs and the opportunity forprivate dining or meeting space below. Both levels are beautifully maintained andstylishly up-to-date. A rear patio and deck offer even more outdoor space. There isplenty of easy parking for restaurant patrons, employees and tenants of the separateapartment building. All 4 occupied units have similarly sized interiors with 2 bedroomsand their own laundry. Granite, modern cabinetry and wood-grain tile are attractivefeatures. The rear unit is especially desirable thanks to a large, fenced-in patio. Incomewill be coming in from day one with these rented/leased buildings!

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Commercial Active

Price

$ 4,200,000

Property Type

Commercial

Tax Municipality

FRANKLIN TWP

Style

Mixed Use

Lot Size

37.00 x 198.00

Year Built

1988

Town/City

Kingston

County/Region

Somerset

MLS | Web ID

NJSO2001504

Features
Interior
Cooling System Central Air Electric Cooling
Flooring Wood Floors
Heating Source Natural Gas
Heating System Forced Air Hot Water Heater: Gas
Sewer Public Sewer
Water Source Public Water
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Exterior
Construction Frame
Parking Parking Lot
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* Excluded Features
List By
Callaway Henderson Sotheby's Int'l-Princeton

Broker

sdimeglio@callawayhenderson.com

Email

Affordability Calculator

$24,845
Per Month
100%
0%
0%
Monthly Principal & Interest
$24,845
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.875% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
FRANKLIN TOWNSHIP PUBLIC SCHOOLS School District

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4585-4587 ROUTE 27 , Kingston, NJ, 08528 is a Commercial Property for sale at $4,200,000 with a lot size of 37.00 x 198.00. 4585-4587 ROUTE 27 has 0.0 baths and was built in 1988. The property's zip code is 08528 which is in Kingston, NJ