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2-6 Laurel Avenue, Kingston, NJ 08528

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2-6 Laurel Avenue, Kingston, NJ 08528
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Comments for 2-6 Laurel Avenue, Kingston, NJ 08528

ONCE IN A LIFETIME INVESTMENT OPPORTUNITY! The perfect blend of commercial and residential real estate. These 3 impeccably maintained properties are fully rented and located just 5 minutes from Princeton in the picturesque downtown Kingston with its newly reinvented dining scene. This property will provide income, depreciation, equity, appreciation and leverage. This property includes a restaurant and an adjoining mixed-use building, a 4-unit apartment building and the private 24-spot parking lot that joins them. Yes, 3 of the most centrally located buildings situated around the largest parking area in town - an investor’s dream scenario! The thriving market/restaurant is renovated with casual, industrial flair. Durable wood-look tile runs all the way through the fully-equipped kitchen with walk-in cooler and storage. Next door, alfresco seating under a pergola spreads out in front of a charming building with a full apartment upstairs and the opportunity for private dining or meeting space below. Both levels are beautifully maintained and stylishly up-to-date. A rear patio and deck offer even more outdoor space. There is plenty of easy parking for restaurant patrons, employees and tenants of the separate apartment building. All 4 occupied units have similarly sized interiors with 2 bedrooms and their own laundry. Granite, modern cabinetry and wood-grain tile are attractive features. The rear unit is especially desirable thanks to a large, fenced-in patio. Income will be coming in from day one with these rented/leased buildings!

$4,200,000.00

Estimated Monthly Payment: $18,853.76 (including taxes & insurance estimates)

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Property Details

City: KingstonProperty Type: Commercial -
Lot Size: 0.22 AcresSchool District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS
Taxes: $0Status: ACTIVE
Year Built: 1920MLS#: NJSO2001508

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Property Features

Property Type: Commercial - Lot Size: 0.22 Acres
Cooling: Central A/CMunicipality: FRANKLIN TWP
Days on Market: 152Sewer: Public Sewer
Exterior: FrameTaxes: $0
Fuel Type: Natural GasUnits: 1
Heating: Forced AirWater: Public
Lot Dimensions: 0.22 Acre(S)Year Built: 1920

School Information

School District: FRANKLIN TOWNSHIP PUBLIC SCHOOLS

Listed By

Agency Name: Callaway Henderson Sotheby's Int'l-Princeton
Agency Phone: 6099211050

Shown By

Agency Title: Davies & DeGennaro
Agency Phone: 609.494.1646

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