2786 Rt 23 Active

Hardyston Twp.,NJ 07460

$ 489000

- Bed

- Bath

3100 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 3,100 sqft

Price per Sqft $157

MLS Listing ID 3895296

Annual Tax Amount $10,483

Tax Year 2024

Lot Size 0.460 Acres

Property Description

High-Yield Investment Opportunity on State Route 23Introducing a premier commercial real estate investment along the bustling State Route 23. This property presents a remarkable opportunity with a tenant already in place, generating an estimated 6% CAP rate. Spanning 2,700 sq ft, it offers potential for diversification through multi-tenant strategies, enhancing its income-producing capacity. Situated on a high-traffic highway, it guarantees visibility and accessibility, two critical factors for sustained occupancy and rental growth. This turnkey investment is not just an acquisition but a strategic asset offering stable cash flow, growth potential in a thriving location, and the flexibility to adapt to market demands. Capitalize on this opportunity to own a piece of the commercial growth trajectory on State Route 23.

Location

State NJ

County Sussex

Zoning B-2

Interior

Heating See Remarks

Cooling 3 Units, Central Air

Flooring Carpeting, Tile

Equipment Furniture, Handicapped Access, Office Equipment, Restrooms - Private

Exterior

Exterior Feature Vinyl Siding

Garage Spaces 18.0

Utilities Available Electric, Gas-Propane

Roof Type Asphalt Shingle

Building

Lot Description Corner, Level Lot

Story 2

Sewer Septic

Water Well

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