360 Us-46 - Freestanding FOR SALE


Mountain Lakes, NJ 07046
$849,000 USD
973-334-3894
360 Us-46, Mountain Lakes, NJ for Sale
$849,000 USD
Freestanding - FOR SALE
1/21
null | Request Cap Rate

NEW


360 Us-46
Mountain Lakes, NJ 07046


HIGHLIGHTS

  • Arguably the most visible commercial building in town
  • Located on a lighted corner helps make the egress and ingress more flexible and convenient
  • The 2 separate residential rental properties behind this building are occupied and available to a buyer for #360.
  • NYC Busses run in and out of the city along Rt. 46

OVERVIEW

Located on Rt. 46 eastbound at the corner of Foxhill Road across from WAWA. Remarks: This property had been a Veterinary Hospital but in recent years has not been occupied. Many systems in need of update and repair but the location is outstanding with arguably the best visibility in town. It also features being on a corner, good for many uses. The value is in the land but the commercial building is restorable and can be redeveloped or replaced within town requirements. It shares road access with 2 homes behind this building but they are not part of this sale. If a buyer wants to buy them as well as the commercial property, that, too can be arranged. One is a single family rental home the other a 2 family rental home priced at $350,000 and $450,000 respectively. A deeded easement exists for access to parking for both homes using the same egress as the commercial property and as easement is in place across the adjacent property to cross it accessing Rt. 46 East. This is an 'AS IS' sale allowing for a due diligence period only.

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Veterinarian/Kennel, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

B-Business

APN/PARCEL ID

20-00403-0000-00020

ASK ABOUT THIS PROPERTY

Doug McWilliamsColdwell Banker RealtyMore Info
973-334-3894

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Doug McWilliamsColdwell Banker RealtyMore Info
973-334-3894

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