Bought with John Delgaldo • Keller Williams Cornerstone Realty
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111 TITUS MILL RD Pennington, NJ 08534
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Key Details
Sold Price $4,925,000
Property Type Commercial
Sub Type Sports and Entertainment
Listing Status Sold
Purchase Type For Sale
Square Footage 51,779 sqft
Price per Sqft $95
MLS Listing ID NJME301060
Year Built 1977
Annual Tax Amount $84,520
Tax Year 2021
Lot Size 11.930 Acres
Property Sub-Type Sports and Entertainment
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
Exterior
Garage Spaces 56.0
Utilities Available Cable TV Available, Natural Gas Available, Electric Available, Phone Available
Water Access N
Roof Type Asphalt,Metal
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
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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