201 Homestead Road | 201 Homestead Rd
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201 Homestead Road 201 Homestead Rd
2,200 SF 100% Leased Light Industrial Building Hillsborough, NJ 08844 £352,103 (£160/SF)
Investment Highlights
- Close to Route 206
- New Flooring
- Possible Warehousing Next Door.
- Two Fireplaces
- Fresh paint.
- Plenty of TECD possible commercial uses
Executive Summary
Located on a 1 acre lot, this 2,200 square foot current residence was rezoned TECD offers convenient one floor commercial possibilities. This ranch boasts large open spaces featuring a 28' x 13' room with a wood burning stove and a 27' x 23' room with a 2nd wood burning fireplace. The second room also offers a kitchenette with a range and refrigerator great for meetings. The front room is open to the 14' x 10' space and a 14' x 10' kitchen with a range, refrigerator and built-in dishwasher. The building boasts beamed ceilings, recessed lighting, new light fixtures, new easy to care for laminate flooring, fresh paint, ceiling fans and a patio. Although serviceable, the building is in need of a new septic and windows. Hence, the price reflects these needs. There is a sewer line 306 feet to the west on Homestead Road. And if the warehouses are approved, they will run the sewer line run in front of this property. The two big rooms with fireplaces are on opposite sides of the home with separate entrances. The building offers 2 full bathrooms and 4 offices. Within 2 miles, are plenty of restaurants, Shop-Rite, Movie Cinema. Zoned TECD, the home can be converted to plenty of commercial uses with a variance for an undersized lot. No assurances are provided regarding environmental conditions. All buyers are advised to conduct due diligence including off-site conditions. Plenty of possible TECD uses are attached with documents.
Do not enter the old garage in the back or 2 sheds that are outside the property line. The east side property line ends with a stream beyond the trees and weeds. The west side ends between the patio and trees behind the home. The north property line ends with the flagged stake & my arrow signs.
Do not enter the old garage in the back or 2 sheds that are outside the property line. The east side property line ends with a stream beyond the trees and weeds. The west side ends between the patio and trees behind the home. The north property line ends with the flagged stake & my arrow signs.
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per SF |
---|---|---|
Taxes | $99,999 | $9.99 |
Operating Expenses | - | - |
Total Expenses | $99,999 | $9.99 |
Financial Summary (Actual - 2023) Click Here to Access
Taxes | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Operating Expenses | |
---|---|
Annual | - |
Annual Per SF | - |
Total Expenses | |
---|---|
Annual | $99,999 |
Annual Per SF | $9.99 |
Property Facts Under Contract
Price | £352,103 | Rentable Building Area | 2,200 SF |
Price Per SF | £160 | Number of Floors | 1 |
Sale Type | Investment or Owner User | Year Built/Renovated | 1965/2024 |
Property Type | Light Industrial |
Price | £352,103 |
Price Per SF | £160 |
Sale Type | Investment or Owner User |
Property Type | Light Industrial |
Rentable Building Area | 2,200 SF |
Number of Floors | 1 |
Year Built/Renovated | 1965/2024 |
Amenities
- Yard
- Recessed Lighting
- Smoke Detector
zoning
Zoning Code | TECD (Currently a Residence but Town re-zoned the area to TECD. The property is only 1 Acre and the zoning requires 5 acres so a variance will be required.) |
TECD (Currently a Residence but Town re-zoned the area to TECD. The property is only 1 Acre and the zoning requires 5 acres so a variance will be required.) |
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201 Homestead Road | 201 Homestead Rd
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