Bridgewater Inn | 1271 US Highway 22
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Bridgewater Inn 1271 US Highway 22
112 Room Hotel Bridgewater, NJ 08807 £4,694,700 (£41,917/Room)
Executive Summary
Retirement Sale !!! looking for Quick Closing and Cash Buyer.
Easy access to all arterial highways, I, 287, 78, and the Turnpike, Minutes from Bridgewater Commons Mall & Chimney Rock Crossing Mall , Affluent neighborhood with a sizeable population employed by Fortune 500.
Currently, a 33,592 sq. ft. one Permitted uses/conditional uses include professional offices, medical offices, Assist Living, Adult Day Care, hotels, banks, services stations, personal services uses and more.
This site, with 112 motel rooms, sits on 5.92 acres and in the center of Somerset County on Rt 22 with high visibility. Good access Traffic Count Almost 100,000 Vehicles pass this site daily. Household Median Incomes in excess of $115,653 within 5 miles.
The subject property is improved with two two-story motel buildings each containing a basement and a one-story office building with a basement. 1. The interior of the motel buildings consists of individual rooms with bathrooms on the first and second floors and storage, maintenance and utility areas in the basement. 2. The office building consists of office spaces, bathrooms and storage areas. 3.Exterior portions of the property consist of concrete sidewalks, asphalt and gravel paved parking areas, landscaped areas and wooded undeveloped land.
A summary of the current adjacent land use is as follows:
North – Route 287 and undeveloped wooded land.
South – US Highway 22 followed by commercial properties.
East – closed Red Lobster Restaurant
West – Health of Endocrine and Commercial properties
Easy access to all arterial highways, I, 287, 78, and the Turnpike, Minutes from Bridgewater Commons Mall & Chimney Rock Crossing Mall , Affluent neighborhood with a sizeable population employed by Fortune 500.
Currently, a 33,592 sq. ft. one Permitted uses/conditional uses include professional offices, medical offices, Assist Living, Adult Day Care, hotels, banks, services stations, personal services uses and more.
This site, with 112 motel rooms, sits on 5.92 acres and in the center of Somerset County on Rt 22 with high visibility. Good access Traffic Count Almost 100,000 Vehicles pass this site daily. Household Median Incomes in excess of $115,653 within 5 miles.
The subject property is improved with two two-story motel buildings each containing a basement and a one-story office building with a basement. 1. The interior of the motel buildings consists of individual rooms with bathrooms on the first and second floors and storage, maintenance and utility areas in the basement. 2. The office building consists of office spaces, bathrooms and storage areas. 3.Exterior portions of the property consist of concrete sidewalks, asphalt and gravel paved parking areas, landscaped areas and wooded undeveloped land.
A summary of the current adjacent land use is as follows:
North – Route 287 and undeveloped wooded land.
South – US Highway 22 followed by commercial properties.
East – closed Red Lobster Restaurant
West – Health of Endocrine and Commercial properties
Property Facts
Amenities
- High Speed Internet Access
- Meeting Event Space
- Public Access Wi-Fi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 112 | £61.81 | - |
zoning
| Zoning Code | HIC and C-3 (HIC Highway Interchange Commercial Zone. C-3 Office and Service Zone.) |
| HIC and C-3 (HIC Highway Interchange Commercial Zone. C-3 Office and Service Zone.) |
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Bridgewater Inn | 1271 US Highway 22
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