216 Main Street | Metuchen

$625,000 | 10 Sq. Ft.

**Back On Market** Prime Mixed-Use Development Opportunity Positioned in the heart of Metuchen's vibrant downtown corridor, this property presents a compelling opportunity for redevelopment into a boutique mixed-use asset. Located within the B2 zoning district, the site supports a range of commercial and residential uses, ideal for today's demand for walkable, income-producing properties. The parcel lends itself to a 2-3 story development, with ground floor retail complemented by 2-4 residential units above, offering strong potential for long-term cash flow and value appreciation. All subject to town Zoning. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. This property is being sold as a knock down. Value is in the land. Structures sold strictly as is. Opportunities of this nature in downtown Metuchen are increasingly limited. This is an ideal acquisition for developers, investors, or end-users seeking to capitalize on the continued growth and demand in this highly desirable market. Cash buyers only CJMLS 2614924R

MLS Listing ID: 
CJMLS 2614924R
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$625,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Commercial
Primary Market Area: 
Metuchen
Address: 
216 Main Street, Metuchen, NJ 08840, U.S.A.
County: 
Middlesex
Latitude: 
40.5351327
Longitude: 
-74.3597073
Public Remarks: 
**Back On Market** Prime Mixed-Use Development Opportunity Positioned in the heart of Metuchen's vibrant downtown corridor, this property presents a compelling opportunity for redevelopment into a boutique mixed-use asset. Located within the B2 zoning district, the site supports a range of commercial and residential uses, ideal for today's demand for walkable, income-producing properties. The parcel lends itself to a 2-3 story development, with ground floor retail complemented by 2-4 residential units above, offering strong potential for long-term cash flow and value appreciation. All subject to town Zoning. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. This property is being sold as a knock down. Value is in the land. Structures sold strictly as is. Opportunities of this nature in downtown Metuchen are increasingly limited. This is an ideal acquisition for developers, investors, or end-users seeking to capitalize on the continued growth and demand in this highly desirable market. Cash buyers only
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
0
Age: 
0
Living Area: 
10
Construction
Roof: 
Asphalt, Flat
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Baseboard Electric
Cooling System: 
Central Air, Window Unit(s)
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.11
Lot Size (Area): 
0.11
Lot Size (Dimensions): 
99.00 x 50.00
Public Record
Parcel Number: 
09002080000000550002
Annual Tax: 
$11,963.00
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KELLER WILLIAMS ELITE REALTORS