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Résumé de l'annonce

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.

Faits sur la propriété

Type de vente
Investissement ou propriétaire utilisateur
Conditions de vente
Construction sur mesure
Type de propriété
Commerce de détail
Sous-type de propriété
Immeuble de commerce
Taille du bâtiment
6 000 pi²
Classe d’immeuble
C
Année de construction
1984
Prix
1 660 260 $ CAD
Prix par pi²
276,71 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,09
Taille du lot
1,55 AC
Zonage
HC - Montgomery's HC zone allows retail sale of goods and services, banks including drive-in facilities, and offices and office buildings, plus restaurants
Stationnement
22 places (3,66 places par 1 000 pi² loué)
Façade
300’ sur 518
Relativement accessible à pied
30/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100

Principaux détaillants à proximité

Orangetheory Fitness
Starbucks
Santander Bank
MOOYAH Burgers, Fries & Shakes
Shoprite
Bank of America
PNC Bank
Chase Bank
TD Bank

Impôts fonciers

Impôts fonciers

Numéro de lot
13-28005-0000-00059
Évaluation du terrain
264 673 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
264 673 $ CAD
  • ID d’inscription: 40756542

  • Date de mise sur le marché: 2026-06-02

  • Dernière mise à jour:

  • Adresse: 990 Route 518, Skillman, NJ 08558

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