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2786 Rt 23

Hardyston Twp., NJ 07460
  • $489,000
  • STATUS: Active
  • ON SITE: 232 Days
  • ID#: 3895296
UPDATED: 34 min ago
$489,000
  • 0
    BEDS
  • 0.46
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $181
    $/SQFT
Type:
Commercial
County:

School Ratings & Info

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.

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Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T18:46:06.093.
www.daunnorealty.com/homes/149244302
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2786 Rt 23 Hardyston Twp., NJ 07460

  • Price: $489,000
  • Status: Active
  • On Site: 232 Days
  • Updated: 34 min ago
  • ID#: 3895296
0
Beds
0
Baths
0
½ Baths
0.46
Acres
2,700
SQFT
$181
$/SQFT
County:
Sussex
Area:
Hardyston Twp.
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.
Exterior Features

Approximate Lot Size .464 AC Available Parking Spaces 18 Construction See Remarks Exterior Description Vinyl Siding Location CornerFreestandingHighway Location Lot Description CornerLevel Lot Number Of Bays 0 Number Of Docks 0 Parking Driveway Description Concrete Roof Description Asphalt Shingle

Interior Features

Basement Yes Basement Description Full Cooling 3 UnitsCentral Air Equipment Available FurnitureHandicapped AccessOffice EquipmentRestrooms - Private Floors CarpetingTile Heating 3 UnitsBaseboard - Hotwater Max Ceiling Height 8 Max Door Height 0 Number Of Lavatories 2 Office Sq Ft 3100

Property Features

For Sale Or Lease For Sale Fuel Type See Remarks Gross Operating Income 63600 Net Operating Income 30000 Permitted Use OfficeRetail Primary Property Type OffcRetl Property Type Office/Retail Sale Includes Building & Land Sewer Septic Suite Number NA Tax Amount 10483 Tax Rate Amount 3.045 Tax Rate Year 2023 Tax Year 2024 Total Operating Expense 33600 Utilities ElectricGas-Propane Utilities Paid By Tenant Water Well Year Built Description Unknown Zoning B-2

Listing information © 2024 Garden State Multiple Listing Service,LLC.
Listing provided courtesy of : 973-293-0085.


Garden State MLS logo © 2024 Garden State Multiple Listing Service, LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Daunno Realty Services, LLC. Notice: The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.The data relating to real estate for sale or lease on this web site comes in part from GSMLS. Real estate listings held by brokerage firms other than Daunno Realty Services, LLC are marked with the GSMLS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2024-12-07T18:46:06.093.
 
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Daunno Realty Services, LLC
206 Westfield Avenue
Clark NJ, 07066