990 Route 518 6,000 SF Retail Building Skillman, NJ 08558 $1,661,436 CAD ($276.91 CAD/SF)

Rare value-add and redevelopment opportunity at one of Montgomery Township's busiest commercial gateways — the high-traffic intersection of Route 206 and County Route 518 (Georgetown Franklin Turnpike), where Route 206 carries on the order of 29,000+ vehicles per day. This 1.55-acre parcel (67,518 SF) offers 300 feet of frontage on Route 518 and sits in the affluent Princeton/Montgomery trade area of Somerset County, one of central New Jersey's strongest and most supply-constrained retail corridors.
The site is improved with a free-standing 6,000 SF masonry building (single story, 60' × 100', built circa 1984) most recently in use as automotive retail. The flexible layout includes an open showroom/retail area, private office, restrooms, and a rear service/warehouse space with drive-in garage-door access and 12'–14' ceilings — letting an owner-user occupy or lease the building and generate income today while planning for tomorrow.
Zoned HC – Highway Commercial, the property supports a broad range of retail, service, and commercial uses. With the building covering only a small fraction of the lot (FAR of just 0.089; 11.3:1 land-to-building ratio), there is exceptional room to expand the existing structure, add an outparcel, or redevelop the site into a small multi-tenant retail center. All public utilities — water, sewer, gas, and electric — are already on site, with paved parking, concrete curbs, Flood Zone C, and no wetlands or environmental hazards noted.
Redevelopment & growth: This is a corridor on the upswing. Montgomery Township has invested in new loop roads at the Route 206 / Route 518 intersection and is advancing a multi-year program to improve traffic flow along the 206 commercial corridor — work tied to nearby retail redevelopment — while NJDOT moves forward with widening Route 206 to two lanes in each direction. The recorded site plan for this parcel also references a future inter-connector roadway linking adjacent commercial lots, and the property has been part of ongoing area planning discussions in this corridor. Buyers should confirm current zoning, permitted density, and any redevelopment or overlay provisions directly with Montgomery Township — but the directional signal is clear: improving access, rising investment, and long-term upside at a hard-corner location.
Whether you're a single-tenant retailer seeking unmatched visibility, an owner-user who wants to occupy now, or a developer assembling a small center in a high-barrier, high-income market, 990 County Route 518 delivers location, flexibility, and a genuine redevelopment path in one of NJ's most desirable suburban submarkets.