Redevelopment Opportunity

16 Mercerville-Edinburg Road, Hamilton Township, NJ 08619

Accepting Offers

Asking Price

$3,200,000

Redevelopment Opportunity

16 Mercerville-Edinburg Road, Hamilton Township, NJ 08619

Details

Asset Type: Real Estate

Estate: Fee Simple

Property Size: 5,300 SF

Property Type: Retail

Land Area: 1.24 Acres

Investment Highlights

3 lot assemblage (Lot 17, 18 and 25)
16 Mercerville-Edinburg Road (Lot 17): Retail building totaling ±2,248 SF on ±0.96 acres
2635 Quakerbridge Road (Lot 18): Residential house totaling ±1,376 SF on ±0.14 acres
2629 Quakerbridge Road (Lot 25): Residential house totaling ±1,676 SF on ±0.14 acres
Current existing improvements: Trent Jewelers and two multifamily buildings
Corner property with traffic light with 2 existing curb cuts from Quakerbridge Road and Edinburg Road
5 points intersection consist of Edinburg Road (CR 535), Quakerbridge Road (CR 533) Nottingham Way (CR 535), Nottingham Way (CR 618) and Whitehorse Road (CR 533)
±20,00 plus VPD corner Mercerville -Edinburg Road
NC Zoning (Neighborhood Commercial) permitted uses include retail, restaurant, drive-thru, medical, bank, etc.
Possible redevelopment of assemblage to include Wawa, QuickChek, etc.
Property also available for ground lease at $275,000 NNN annually

Redevelopment Opportunity

Main property is known as Trent Jewelers with two additional properties which total approximately 1.24 acres. All three properties sold as a redevelopment opportunity.

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