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2 Route 31 S
Pennington, NJ 08534
2 Route 31 North, Pennington NJ · Retail Property For Sale
EXECUTIVE SUMMARY
Route 31 and Delaware Avenue, free standing 12,000/SF two story former bank/office, with drive through.
Site is 2.5 acres, frontage and access on two streets.
Great signage potential.
Ideal redevelopment site, designated as AREA IN NEED OF REDEVELOPMENT
Four way intersection, site offers two road access points.
Office Business zone and offered subject to modified use approvals.
All public utilities to site.
Site to be delivered vacant.
Ideal for wide variety of potential uses.
Site is 2.5 acres, frontage and access on two streets.
Great signage potential.
Ideal redevelopment site, designated as AREA IN NEED OF REDEVELOPMENT
Four way intersection, site offers two road access points.
Office Business zone and offered subject to modified use approvals.
All public utilities to site.
Site to be delivered vacant.
Ideal for wide variety of potential uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
12,000 SF
Building Class
B
Year Built
1960
Price
$4,000,000
Price Per SF
$333.33
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.11
Lot Size
2.50 AC
Zoning
O-B - Office/business, designated as Area in need of Redevelopment
Frontage
250’ on Route 31 N
AMENITIES
- Bus Line
- Corner Lot
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Number | 08-00201-0000-00006 | Improvements Assessment | $400,000 |
| Land Assessment | $600,000 | Total Assessment | $1,000,000 |
PROPERTY TAXES
Parcel Number
08-00201-0000-00006
Land Assessment
$600,000
Improvements Assessment
$400,000
Total Assessment
$1,000,000
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