1050 S State Route 23 - Specialty FOR SALE


Wantage, NJ 07461
$749,999 USD
973-670-1960
1050 S State Route 23, Wantage, NJ for Sale
$749,999 USD
Specialty - FOR SALE
1/43
null | 10% Cap Rate

1050 S State Route 23
Wantage, NJ 07461


OVERVIEW

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!

FOR SALE DETAILS

PRICE

$749,999 USD

PRICE/SF

$101 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1955

SPRINKLERS

-

PARKING SPACES

45

LAND DETAILS

LAND ACRES

3.24 AC

LAND SF

141,134 SF

ZONING

HWCO

APN/PARCEL ID

24-00136-0000-00013

ASK ABOUT THIS PROPERTY

Jeannette BurkeRealty ExecutivesMore Info
973-670-1960

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Jeannette BurkeRealty ExecutivesMore Info
973-670-1960

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.