Properties

Description

ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 9% CAP RATE! This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall. The property's flexible configuration offers potential for restaurant or catering use, while the adjacent space presents an excellent opportunity for a liquor store conveniently located beside the banquet hall. A Class 33 liquor license is available for purchase separately for an additional $200,000. Ideal for investors, owner-operators, or business owners seeking multiple revenue streams, this well-maintained property offers strong rental appeal and exciting opportunities for growth and expansion. Septic will be replaced prior to closing. Don't miss this unique investment opportunity!

Features

  • Heating System : 4+ Units, Forced Hot Air, Multi-zone
  • Cooling System : 3 Units, Ductless Split Ac
  • Basement : Full, Unfinished, Storage
  • Roof Deck : Asphalt Shingle
  • Furnished : Tile, Carpeting, Laminate
  • Lot Description: Lake/Water View, Stream On Lot
  • Tax Assessed Valuation: 305600
  • Sewer: Septic
  • Water: Well

Appliances

  • Utilities: Electric

Additional Info

  • Office Name: REALTY EXECUTIVES EXCEPTIONAL
  • Office MLS ID: 198702
  • Agent ID: 293430
  • Tax: 9024
  • Tax Year: 2024
  • Application Fee: $0
  • Zoning: Commercial

Commercial For Sale

For Sale
$729,999

1050 State Rt 23, Wantage Twp., *

  • SQFT 3.24 Acre
  • Built Year 2021

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5457428
  • Price: $729,999
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 2021
  • Year Built Description: Approximate
  • Lot Area: 3.24 Acre
  • Status: Active
  • Days On Market: 30

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Sussex
  • City Wantage Twp.
  • Zipcode *
  • Street: State Rt 23
  • Street Number: 1050
  • Street Direction: route 23 in Wantage
  • Floor Number: 0
  • Longitude: W75° 21' 56.5''
  • Latitude: N41° 15' 46.7''
  • Internet Display Address: No
Property