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$1,875,000
Est. payment /mo
5,478 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,478 sqft
Price per Sqft $342
MLS Listing ID 4009262
Year Built 1968
Annual Tax Amount $25,703
Tax Year 2024
Lot Size 0.260 Acres
Property Description
Offered for sale is a high-visibility owner-user commercial property located in the Borough's B-1 General Business District. The building is currently owner-occupied & will be delivered vacant at closing, providing immediate occupancy for an owner-user, operator, or end-user. B-1 zoning permits a wide range of commercial, service, institutional, & cultural uses, including retail, professional & medical offices, personal & business services, hospitality, fitness & recreational facilities, cultural venues, educational uses, & houses of worship, plus customary accessory uses. The flexible zoning supports various business models & adaptive reuse opportunities. Positioned along Route 28 (W Union Ave), a primary commercial corridor, the property offers monument signage & strong visibility to both eastbound & westbound traffic. The location benefits from proximity to downtown Bound Brook, established businesses, & surrounding residential neighborhoods. Convenient access to I-287 & Route 22 provides excellent regional connectivity throughout Somerset County & Central New Jersey. The Bound Brook NJ Transit rail station is nearby, offering direct service to Newark with connections to NYC. Capital improvements completed in 2014 include structural upgrades with metal I-beam construction. The building features a fire alarm system & multi-zone HVAC for operational flexibility. Sale preferred; seller will consider lease or lease with option to purchase.Not offered as an investment property.
Location
State NJ
County Somerset
Zoning B1
Interior
Heating Gas-Natural
Cooling Multi-Zone Cooling
Equipment Burglar Alarm, Fire Alarm, Handicapped Access, Kitchen Area, Office Equipment, Restrooms - Private, Sprinkler System, Storage Area(s)
Heat Source Gas-Natural
Exterior
Exterior Feature Concrete
Utilities Available Electric
Roof Type Flat
Building
Story 2
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by RE/MAX PINNACLE
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