2786 Rt 23
Hardyston, NJ 07460
Description
High-Yield Investment Opportunity on State Route 23Introducing a premier commercial real estate investment along the bustling State Route 23. This property presents a remarkable opportunity with a tenant already in place, generating an estimated 6% CAP rate. Spanning 2,700 sq ft, it offers potential for diversification through multi-tenant strategies, enhancing its income-producing capacity. Situated on a high-traffic highway, it guarantees visibility and accessibility, two critical factors for sustained occupancy and rental growth. This turnkey investment is not just an acquisition but a strategic asset offering stable cash flow, growth potential in a thriving location, and the flexibility to adapt to market demands. Capitalize on this opportunity to own a piece of the commercial growth trajectory on State Route 23.
Interior Details
- FloorsCarpeting, Tile
Heating & Cooling
- Heating3 Units, Baseboard - Hotwater
- Heating SourceSee Remarks
Property Details
- Exterior MaterialsVinyl Siding
Parking
- Parking Spaces18
Construction Details
- Property TypePurchase
- Basement DescriptionFull
- BasementYes
Condition
- Year Built9999
Material information
- RoofAsphalt Shingle
Utilities / Energy Details
- ServicesCable TV Available, Garbage Extra Charge
- Utility FeaturesElectric, Gas-Propane
- Sewer InformationSeptic
- WaterWell
Other
- OwnershipFee Simple
Source
- MLS #3895296
Location
Legal
The data relating to real estate for sale on this website comes in part from the IDX Program of Garden
State Multiple Listing Service, L.L.C. Real estate listings held by other brokerage firms are marked as
IDX Listing. Information deemed reliable but not guaranteed. The dissemination of listings on this website does not constitute the consent required by N.J.A.C. 11:5.6.1 (n) for the advertisement of listings exclusively for sale by another broker. Any such consent must be obtained in writing from the listing broker.
Copyright © 2023 Garden State Multiple Listing Service, L.L.C. All rights reserved.
Last Updated: . Source: GSMLS
Listing Courtesy
Listing Agent: JOSEPH KRUMPFER (#310893), Phone: (973) 293-0085
Listing Office: KRUMPFER REALTY GROUP (#6205)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.