26 LAUREL AVE, KINGSTON, NJ 08528, photo 1 of 5
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26 LAUREL AVE, KINGSTON, NJ 08528, photo 2 of 5
26 LAUREL AVE, KINGSTON, NJ 08528, photo 3 of 5
26 LAUREL AVE, KINGSTON, NJ 08528, photo 4 of 5
26 LAUREL AVE, KINGSTON, NJ 08528, photo 5 of 5

26 LAUREL AVE KINGSTON, NJ 08528

$4,200,000

Listed By Susan L DiMeglio, Callaway Henderson Sotheby's Int'l-Princeton

Bedrooms

Total Baths

Full Baths

Square Feet

0.22

Acres

1920

Year Built

Active

Status

MLS#

NJSO2001628

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!

Details

Year Built
1920
Parking
24
Price / Sq Ft
No Info
HOA
No Info
Cooling
Yes
Heating
Yes
On Website
20 Days
Acres
0.22

Listing Office Callaway Henderson Sotheby's Int'l-Princeton, 6099211050

MLS# NJSO2001628

Updated 2:20PM - 8/15/2022

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