120 Ledgewood Ave - Auto Repair FOR SALE


Netcong, NJ 07857
$2,800,000 USD
908-852-1333
120 Ledgewood Ave, Netcong, NJ for Sale
$2,800,000 USD
Auto Repair - FOR SALE
1/8
null | Request Cap Rate

120 Ledgewood Ave
Netcong, NJ 07857


HIGHLIGHTS

  • Exceptional investment opportunity located on Route 46 in the heart of Netcong,
  • Featuring two commercial lots, 0.64 of an acre. Approximately 250 feet of highway frontage and three state-approved entrances
  • The main property provides approximately 13-15 parking spaces, not including the additional lot.The storefront includes a one-bedroom living area

OVERVIEW

Prime Highway Commercial Opportunity " Endless Potential! Exceptional investment opportunity located on Route 46 in the heart of Netcong, offering outstanding visibility, accessibility, and exposure. Featuring two commercial lots, 0.64 of an acre. Approximately 250 feet of highway frontage and three state-approved entrances, this property provides endless possibilities in a desirable and growing commercial corridor. Conveniently located near major routes with excellent traffic exposure, this is an ideal opportunity for investors, owner-users, and developers.The property includes a versatile commercial building with a three-bay auto repair garage featuring 2 vehicle lifts, plus an additional 0.328-acre lot included in the sale. The additional lot offers excellent potential for parking, expansion, or construction of another building (subject to municipal approvals). The main property provides approximately 13-15 parking spaces, not including the additional lot.The storefront includes a one-bedroom living area with 1.5 baths and a private separate entrance, offering flexibility for owner occupancy, office space, employee accommodations, or other permitted uses. The lower level provides additional storage and utility space.Permitted Class B uses include retail stores, repair facilities, lodges, apartments, and many other approved uses. A complete list of permitted zoning uses is available in media.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$919 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,526 SF

ZONING

B

APN/PARCEL ID

28-00041-0000-00002,28-00041-0000-00003

ASK ABOUT THIS PROPERTY

Stephanie RuceretoRE/MAX Town & ValleyMore Info
908-852-1333

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Stephanie RuceretoRE/MAX Town & ValleyMore Info
908-852-1333

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