1050 State Rt 23, Wantage Twp., NJ 07461

$749,999

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List Price
$749,999
Days on Market
0
Status
ACTIVE
MLS#
4052387
Lot Size (Acres)
3.24
Year Built
2021
County
Sussex

Property Description

ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 10% CAP RATE. This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall area. Flexible configuration allows for potential restaurant or catering use, making this an ideal opportunity for investors, owner-operators, or business owners seeking additional revenue streams. The property has been thoughtfully improved and well maintained, ensuring strong rental appeal and long-term stability. Don't miss your chance to own this high-yield, multi-functional property with countless opportunities for growth and expansion. Septic will be replaced prior to closing. A liquor license can be purchased separately for an additional $150,000. This is a must-see for serious investors!

Additional Information

Flooring
Carpeting, Laminate, Tile
Garage Spaces
50
Heating
4+ Units, Forced Hot Air, Multi-Zone
Cooling
3 Units, Ductless Split AC
Roof
Asphalt Shingle
Utilities
Electric
Water
Well
Sewer
Septic

Mortgage Calculator

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Annual Interest Rate
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Term of Loan
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Calculator source: Real Geeks

Listing Courtesy Of REALTY EXECUTIVES EXCEPTIONAL, Contact: 973-670-1960