Sold

111 Titus Mill Rd

Pennington NJ, 08534

$4,925,000


$95.12 per sqft

Sold

51,779 sqft

Commercial

Built in 1977

The Hopewell Tennis and Swim Center is situated on 11.93 acres and is located in Central New Jersey, just east of Rte 31 in Hopewell Township, and just 4 miles north of I-95. The tennis center consists of a 50,683 SF building containing six indoor tennis courts; a clubhouse with reception area, lounge, pro-shop, nursery, manager's offices, refreshment area, locker rooms, & multi-purpose room measuring 60' x 28'; and, utility room. The clubhouse possesses glass panels for viewing indoor tennis courts from the lounge area. In addition, there are 6 outdoor Har-Tru fenced tennis courts, and, a large gazebo (per easement). The Swim Club consists of a combination Olympic-sized lap and diving pool; a wading pool; a one-story pool/clubhouse with changing/restrooms, concession stand, eating area, & chemical storage room; playground; and, lawn seating areas. There is plenty of onsite parking, available. There is also room to potentially grow, as there is additional land that could be utilized for growth or additional development. The property is located in the Industrial/Commercial district, which also permits uses in the Highway Business & Office district, the Office Park District, Research/Office District, Warehousing, and Manufacturing & Assembly. Furniture, Fixtures, and Equipment are included, as is the business and goodwill. BMS, The Pennington School, Hopewell Valley Central HS, Pennington Borough, and Hopewell Borough, are all close by. There are 8 known easements as noted on the Plan of Survey & in the description of of the Property by engineering firm.

NJME301060

MLS ID

May 9, 2024

Updated

Map

111 Titus Mill Rd
Pennington NJ, 08534

Interior Features

Total Stories

2


Interior Features

Carpet, Ceramic Tile, Concrete, Hardwood


Floor Description

Carpet, Ceramic Tile, Concrete, Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Central, Natural Gas

Exterior/Building Features

Lot Size

11.93 Acres


Lot Features

Cleared


Roof

Asphalt, Metal


Sewer

Septic Tank

Other Property Details

Area Name

HOPEWELL TWP


Taxes

$84,520


Tax Frequency

Annually


Days on Market

679


Garage

No


Parking Total

56


View

No


County

MERCER


Water Source

Private


Pool

No


Zoning

Industrial/Commercial plus uses permitted in the HBO District, OP District, RO District, Warehousing, Manufacturing & Assembly.


Buyer Agency Compensation

2.5%

Listed by CHARLES G HORN, with Keller Williams Cornerstone Realty
Listing Contact: 6099339300 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 5:27 AM UTC

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