216 Main Street, Metuchen, NJ 08840
sale
$625,000
|
Other
Courtesy Of Keller Williams Elite, Realtors
216 Main Street, Metuchen - 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. The existing structure is best suited for redevelopment, allowing a clean slate for design and construction. The property is free of oil tanks, and access to gas service is readily available, simplifying future utility upgrades. 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. Property sold strictly as is. No showings till 5/4
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Property Features
- Building Units: 1
- Cooling System: Window Unit(s)
- Exterior Type: Vinyl Siding
- Exterior Type: Brick
- Floor Covering: Laminate
- Floor Covering: Wood
- Floors: 2
- Heating System: Electric (Heating)
- Heating System: Baseboard
- MLSID: 2614924R
- Parking Spaces: 2
- Roof Type: Asphalt
- Roof Type: Flat
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