1050 State Rt 23, Wantage Twp., NJ 07461

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List Price
$729,999
Status
ACTIVE
Days on Market
54
Price Change
▼ $20,000 1791937292
MLS#
4052387
Year Built
2021
Acres
3.24

Property Description

ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 9% CAP RATE! This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall. The property's flexible configuration offers potential for restaurant or catering use, while the adjacent space presents an excellent opportunity for a liquor store conveniently located beside the banquet hall. A Class 33 liquor license is available for purchase separately for an additional $200,000. Ideal for investors, owner-operators, or business owners seeking multiple revenue streams, this well-maintained property offers strong rental appeal and exciting opportunities for growth and expansion. Septic will be replaced prior to closing. Don't miss this unique investment opportunity!

Additional Information

Taxes
$9,024
Flooring
Carpeting, Laminate, Tile
Heating
4+ Units, Forced Hot Air, Multi-Zone
Air Conditioning
3 Units, Ductless Split AC
Exterior Features
Brick/Block
Roof
Asphalt Shingle
Garage Spaces
50
Number Of Units
4

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Listing Courtesy Of REALTY EXECUTIVES EXCEPTIONAL, Contact: 973-670-1960

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