Bought with John Delgaldo • Keller Williams Cornerstone Realty
$4,925,000
$6,700,000
26.5%For more information regarding the value of a property, please contact us for a free consultation.
111 TITUS MILL RD Pennington, NJ 08534
11.93 Acres Lot
Key Details
Sold Price $4,925,000
Property Type Commercial
Sub Type Sports and Entertainment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJME301060
Sold Date 09/30/22
HOA Y/N N
Year Built 1977
Annual Tax Amount $84,520
Tax Year 2021
Lot Size 11.930 Acres
Acres 11.93
Lot Dimensions 0.00 x 0.00
Property Sub-Type Sports and Entertainment
Source BRIGHT
Property 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 (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.
Location
State NJ
County Mercer
Area Hopewell Twp (21106)
Zoning IC
Interior
Hot Water Natural Gas
Heating Central, Forced Air
Cooling Central A/C
Flooring Carpet, Ceramic Tile, Concrete, Hardwood
Heat Source Natural Gas
Exterior
Garage Spaces 56.0
Utilities Available Cable TV Available, Natural Gas Available, Electric Available, Phone Available
Water Access N
Roof Type Asphalt,Metal
Street Surface Black Top
Accessibility None
Total Parking Spaces 56
Garage N
Building
Lot Description Cleared, Landscaping, Level, Open
Foundation Slab
Sewer On Site Septic, Septic Pump
Water Private
New Construction N
Schools
School District Hopewell Valley Regional Schools
Others
Tax ID 06-00037-00022 04
Ownership Fee Simple
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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