$1,474,169
$1,586,600
7.1%For more information regarding the value of a property, please contact us for a free consultation.
201-205 WITHERSPOON ST Princeton, NJ 08542
0.27 Acres Lot
Key Details
Sold Price $1,474,169
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision None Available
MLS Listing ID 1002686618
Sold Date 10/21/16
HOA Y/N N
Originating Board TREND
Year Built 1920
Annual Tax Amount $24,100
Tax Year 2016
Lot Size 0.270 Acres
Acres 0.27
Lot Dimensions 73X161
Property Description
This is a unique opportunity for the investor/developer/builder to acquire a mixed-use Princeton property located in an area that is seeing a significant revival. The property consists of 3 buildings in one tax entity. Building #1 is a 3 story building with 1,651sf of office and four 1 Bed Room 1 Bath apartments. Building #2 is a single story 1,091sf office space. Building #3 is a 3 Bed Room 1 1/2 bath single family home. The property also includes 10 on-site parking spaces and a 2 car garage with an additional 200sf of storage area. Just a short walk to Nassau Street and within close proximity to the new Avalon 280 Unit residential project this prime location has the potential to exceed the appreciation that is projected to occur on Witherspoon Street over the next few years.
Location
State NJ
County Mercer
Area Princeton (21114)
Zoning RB
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Natural Gas
Fireplace N
Heat Source Oil
Exterior
Water Access N
Accessibility None
Road Frontage Boro/Township
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Princeton Regional Schools
Others
Tax ID 14-00021 01-00011
Ownership Fee Simple
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Susan L DiMeglio • Callaway Henderson Sotheby's Int'l-Princeton