$179,000

2544 Nottingham Way

HAMILTON NJ, 08619

Description

Great location for an office, practice or showroom with off-street parking for 6+ vehicles. Estimated cash return on investment (including purchase price and improvements) is 8%+. Previously used as a medical office and CPA office. Excellent for use as a professional building or for general business purposes. Located in a popular and busy commercial area of Hamilton Township, there is strong traffic exposure and ideally located between 5 Points and Route 295. First floor currently has two leasable units which have been remodeled and are now ready for occupancy. One is 400sf with 2 offices, clerical area, reception and private lavatory; one is 600sf with 3 offices, clerical area, reception and private lavatory. The upper floor is 800sf and needs renovation. It could be a 4 office space with private bath or a two bedroom living unit with living room and kitchen (this space was previously a residential unit). Walk-up attic provides additional potential for storage or living space. Parking lot building entry has been modified for accessibility. Electric has been updated and separated by floor. Oil heats the entire building via a hot water baseboard system. Window A/C units provide cooling. There is gas in the basement, but not currently being used. Basement has a French drain and is solid and dry. This is a great opportunity. Come buy and see!

Details

MLS#NJME283808
StyleIndustrial
Sub-TypeResale
StatusActive
Year1920
Days On Site74

Features

SQ Feet1,984
Story(s)0
ZoningCOMMERCIAL

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Area Information

StateNJ
CityHAMILTON
Zip Code08619
AreaHamilton Twp (21103)
Listing VS Median (in 08619)
Price:
$179,000
low | high
Med:
$209,900
32.737430167598% of Average
SqFt:
1,984
low | high
Med:
1,213
88.886088709677% of Average
$ / SqFt:
$90
low | high
Med:
$185
55.527750811531% of Average
On Site:
74
low | high
Med:
12.500000
100% of Average
Listing Updated: 10/20/2019
MLS Number: NJME283808
Listing Provided By:
Brian D Wittlin  of  Keller Williams Real Estate-Princeton