$899,900
Unique Mixed-Use Investment Opportunity situated on approximately 3.3 acres featuring five separate structures with strong income and value-add potential. This diverse property offers a rare combination of residential, commercial, storage, and garage space ideal for an investor, contractor, or entrepreneur seeking multiple streams of income. The property includes a Twin Duplex with one 2-bedroom unit and one 3-bedroom unit, both with front and rear entrances and occupied by long-term tenants. An additional former General Store building offers nostalgic character with a main level retail/display area and second-floor storage space, presenting future redevelopment or business possibilities. Also located on the site is a freestanding restaurant building currently operating as a Mexican restaurant featuring a full commercial kitchen, take-out area, and indoor dining space. Additional improvements include a detached 3-car garage and a separate Ranch-style residence offering 4 bedrooms, 1 full bathrooms, vaulted ceilings, attached 2-car garage with workspace/storage, and an outdoor entertainment area complete with a U-shaped bar and grill space. The property is in need of repairs and updating throughout. However, the combination of residential rentals, commercial usage, garage/storage space, and future upside creates an excellent opportunity for the right buyer to renovate, increase income potential, and build long-term equity. Rare opportunity with flexibility and substantial potential for redevelopment or continued mixed-use operation.
9
Beds
⋅
3
Baths
⋅
NJHT2004956
MLS
⋅
ACTIVE
Status
271 Old Croton Rd, Flemington
