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$14,999,000

Est. payment - /mo

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52,336 SqFt

New

2200 Cottontail LN Franklin Twsp, NJ 08873

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Radhames Tatis

rad@sellwithrad.com +1(201) 250-3739

UPDATED:

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 52,336 sqft

Price per Sqft $286

MLS Listing ID 2700277R

Year Built 1970

Annual Tax Amount $150,894

Tax Year 2024

Lot Size 5.000 Acres

Acres 5.0

Lot Dimensions 0.00 x 0.00

Property Sub-Type Commercial

Source CJMLS API

Property Description

2200 Cottontail Lane presents a unique opportunity to purchase a 52,336 SF property on one level. Located minutes from the the Weston Canal Rd entrance to Route 287, the property has quick access to the NJTP, Ports, NYC and Philadelphia. Located in the expansive Industrial/Office Sector of Franklin Township, the property is zoned B-I (Business and Industry). Ideal/Permitted Uses Include: General Office, Laboratory, Banquet Facility, Hotel, Data Center, Light Manufacturing, Self Storage, Indoor Recreation, Cannibas Manufacture or Wholesale, etc. The property is surrounded by Distribution Warehouses, and would be ideal for conversion to a variety of Industrial Uses such Product Storage, Manufacturing, Warehousing, Import/Export, or a wide variety of Industrial Uses. The property is currently a private school with approvals in place for educational uses and is built out as a school. It has a generous amount of car parking and spaces lined for Buses, which could be re-striped for added car parking or commercial vehicle/ truck parking. It is currently tenant occupied with New Road School as a NNN lease with 2 years left on the existing lease and significant rental income. There is potential to deliver the property vacant for an owner user. Property Features: 52,336 SF on One Level Parking for 118 Cars and 12 Buses (or Trucks/ Vans) 5 Total Acres Zoned B-I (Business and Industry) Ideal for Conversion to Industrial Uses Wide range of Permitted Uses Existing Tenant w/ Strong NNN Income or Delivered Vacant Accessible Location minutes from Route 287 1 Existing Loading Drive-In Door Heavy Power Full Commercial Kitchen Large Open Rooms & Wide Open Floorplan Turn-Key for a Private, Charter, Technical or Special Needs School Ceilings are 16' to the Beam and 17' to the Deck Large Chillers On-SIte for Heating and Cooling Real Estate Taxes: $150,894 per year Asking Price: $14,999,000 Please call Broker for more information or to schedule a showing. Due to the existing tenant, showings must be coordinated around their hours of operation.

Location

State NJ

County Somerset

Zoning B-I

Interior

Heating Electric, Forced Air

Cooling Central Air

Flooring Carpet, Composition Tile, Tile, Vinyl-Linoleum

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Asphalt

Total Parking Spaces 130

Building

Lot Description Business Park

Story 1

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 0800517020001901

Energy Description Natural Gas

Virtual Tour https://www.propertypanorama.com/instaview/msx/2700277R

Listed by DAVIS REALTORS

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Radhames Tatis

Agent | License ID: 2076013

+1(201) 250-3739

2200 Cottontail LN Franklin Twsp, NJ 08873

Radhames Tatis

Key Details

Location

Interior

Exterior

Building

Others

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2200 Cottontail LN