$6,700,000

111 Titus Mill Rd

PENNINGTON NJ, 08534

Description

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. 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.

Details

MLS#NJME301060
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1977
Days On Site93

Features

SQ Feet51,779
Units2
ZoningIC
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Area Information
StateNJ
CountyMERCER-NJ
CityPENNINGTON
Zip Code08534
AreaHopewell Twp (21106)
Listing VS Median (in 08534)
Price:
$6,700,000
low | high
Med:
$422,400
100% of Average
SqFt:
51,779
low | high
Med:
2,390
100% of Average
$ / SqFt:
$129
low | high
Med:
$198
3.039346366634% of Average
On Site:
93
low | high
Med:
228
40.789473684211% of Average
Listing Updated: December 2, 2020 8:44:52 PM PST
CHARLES G HORN LogoMLS Number: NJME301060
Listing Provided By:
CHARLES G HORN  of  Keller Williams Cornerstone Realty
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