$ 489,000
2786 Rt 23 Hardyston Twp., NJ 07460
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$ 489,000
Est. payment /mo
Price Dropped by $10K
2786 Rt 23 Hardyston Twp., NJ 07460
3,100 SqFt
UPDATED:
10/28/2024 02:12 PM
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
Rooms
Basement Full
Interior
Heating See Remarks
Cooling 3 Units, Central Air
Flooring Carpeting, Tile
Equipment Furniture, Handicapped Access, Office Equipment, Restrooms - Private
Heat Source See Remarks
Exterior
Exterior Feature Vinyl Siding
Garage Spaces 18.0
Utilities Available Electric, Gas-Propane
Roof Type Asphalt Shingle
Parking Type Concrete
Building
Lot Description Corner, Level Lot
Story 2
Sewer Septic
Water Well
Others
Ownership Fee Simple
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Listed by KRUMPFER REALTY GROUP