$1,400,000
$1,550,000
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14,000 SqFt
SOLD DATE : 07/24/2019
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $100
MLS Listing ID NJHT104854
Sold Date 07/24/19
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $27,486
Tax Year 2018
Lot Size 0.580 Acres
Acres 0.58
Property Description
Set in a prime location in the heart of Stockton Borough, this spacious commercial building with three residential rental apartments above offers endless possibilities. Currently operating as the iconic Stockton Market, the recently renovated main level provides 10,000 sq ft of retail space with counters and prep areas for vendors to serve their farm to table food and showcase their handcrafted goods and local produce. There is a large commercial grade kitchen with walk-in refrigerator where vendors can prepare their food. Additional areas include an office, art gallery, two restrooms, plenty of storage areas, and an adjacent gallery/studio with separate entrance and powder room. This level can be used as a turn-key farmer s market or food court, but provides many opportunities for other uses as a restaurant, office space or other commercial endeavors. Above the main level are two one bedroom apartments and one three bedroom apartment, providing excellent income. There is a private parking lot in back offering 28 off street parking spaces as well public parking spaces in front. The market is ADA compliant. Outstanding location just steps away from the Delaware River and Canal towpath.
Location
State NJ
County Hunterdon
Area Stockton Boro (21023)
Zoning CR
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C, Wall Unit
Flooring Concrete
Heat Source Oil
Exterior
Waterfront N
Water Access N
Accessibility Level Entry - Main
Parking Type On Street, Parking Lot
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Hunterdon Central Regiona Schools
Others
Tax ID 23-00009-00009
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Christopher Preston • Kurfiss Sotheby's International Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "