92 Main St - Storefront Retail/Residential FOR SALE


Sparta, NJ 07871
$1,350,000 USD
646-408-8024
92 Main St, Sparta, NJ for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

92 Main St
Sparta, NJ 07871


HIGHLIGHTS

  • Hard Corner Traffic Light and 3 Way Intersection on over half an Acre
  • Desirable Mixed Use Configuration
  • Large Amount of Vehicle Parking for your Business or Customers
  • One of the most sought after towns in Sussex County
  • Favorable TCLM zoning

OVERVIEW

Prime Intersection - Corner Traffic Light 5 Unit Mixed Use in Sparta 3 Commercial Spaces and 2 Residential Apartments across Two Buildings located on one of the main arteries in Sparta NJ. Over half an acre of desirable Commercial property located at the juncture of a corner traffic light and a 3 way intersection in Sparta NJ, one of the most desirable towns in Sussex County. Currently Two of the Commercial Spaces are rented (Owner uses the 3rd space for storage) and both Apartments are currently occupied (One apartment is used by the owner and will be vacant/or a m2m tenant upon transfer of sale depending on the buyers wishes). One of the Apartments was recently renovated, the other could use some updating. Gross Income of $4350 per month for the 3 leased spaces (2 commercial and 1 apt rentals) , this total can easily be improved upon. 92 Main St has numerous possibilities depending upon your needs whether for an owner user with additional income, traditional mixed use, development or a variation on any of these. Town Center Lower Main Street Commercial Zone (TCLM) Please contact Marc for more information.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$144 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Prime Corner Traffic Light 5 Unit Mixed Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,522 SF

ZONING

TCLM

APN/PARCEL ID

18-27005-0000-00003

ASK ABOUT THIS PROPERTY

Marc WeitzFairclough RealtorsMore Info
646-408-8024

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Marc WeitzFairclough RealtorsMore Info
646-408-8024

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