For Sale: Mendham Design Space with 4 Apartments above.
$925,000
1 Hilltop Rd., Mendham, NJ 07945
4,356 sqft
Building Size
0.1 acres
Lot Area
Details:
Highlights:
- 1,400 sf retail spaces on ground floor has two entrances and can easily be divided into two retail spaces.
- 4 occupied (roughly 700 sf) 1 bd., 1 bth apartment rentals above.
- Zoned historic business.
- Permitted uses for 1st fl. include: retail, business or professional office & restaurants.
- Ideal for design oriented business: home decor, accessory showroom, architect, gallery...
- 4 parking spaces in rear.
- Full basement provides for easy storage.
- Units are individually metered.
- New rolled rubber roof.
- Taxes in 2025: $15,294.
Description:
4,356 sf mixed-use building. 4 occupied, 1 bd/1bth apartment rentals over 1400 sf ground floor (divisible) space ideal for retail, including designer space, home decor or antiques showroom. Permitted uses also include: offices (business & professional), personal service establishments, banks, eating establishments. Gracious, porched entryway framed by two large, street-side display windows. The first floor retail space is filled with warm, ambient light. This historic business district property is ideal for an investor or owner-occupant interested in rental income. Solid, long-term tenants rent units above.
Mendham's historic town-center is walkable and offers shops, restaurants & professional services. It is a close-knit community that offers a quiet, peaceful, low density environment with substantial homes, increased privacy & sprawling green spaces. Though not on a major interstate, Mendham offers commuter access to NYC via nearby towns like Morristown.
Location
Gallery
