268 Somerset St 3 Unit Apartment Building Offered at $1,750,000 New Brunswick, NJ 08901

FOR SALE: New Construction Mixed Use Building
Located just three blocks from RHJUH and Easton Ave, the heart of Rutgers Campus, the property is in a prime location. Walking distance to the NE Corridor Train to NYC or Philadelphia.
The property will be delivered completely finished with a vanilla boxed ground floor retail unit. Ideal Uses: Convenience, Restaurant, Pharmacy, Medical Office, or any Retail Uses. Potential to have the store fitted out during the construction process (TBD).
The second and third floors will each comprise 2 bedroom and 1 bathroom apartments. Each will have a living room, dining room, and laundry room.
The property presents an ideal investment opportunity to own a brand new income producing rental property. It is also ideal for owner occupiers looking to run their business on the ground floor and collect income from the apartments.
The property will have on-site parking for 3 cars, as well as street parking.
Property Features:
• Brand New Construction Mixed-Use Building
• Prime Location 3 Blocks from RWJUH and Rutgers University
• ±1,049 SF Ground Floor Retail which will be Delivered as a vanilla box
• Wide Range of Potential Uses: Restaurant, Convenience, Pharmacy, etc.
• 2 Bedroom 1 Bathroom Apartment on Second Floor
• 2 Bedroom 1 Bathroom Apartment on Third Floor
• 3 Dedicated On-Site Parking Spaces w/ Street Parking
• Corner Property on Somerset Street
• Facade Signage on Building
• Potential for Retail Buildout during Construction Process
• Lot Size: 25x100 (.06 Acres)
• Real Estate Taxes: $2,226
This is a great opportunity to secure a new construction mixed use building in a prime a desirable part of New Brunswick. Call Broker for More Information.