1050 State Rt 23, Wantage Twp., NJ 07461
- $749,999
- List Price
- $749,999
- MLS#
- 4052387
- Year Built
- 2021
- Status
- ACTIVE
- County
- Sussex
- City
- Wantage Twp.
- Acres
- 3.24
Property Description
ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 10% CAP RATE. This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall area. Flexible configuration allows for potential restaurant or catering use, making this an ideal opportunity for investors, owner-operators, or business owners seeking additional revenue streams. The property has been thoughtfully improved and well maintained, ensuring strong rental appeal and long-term stability. Don't miss your chance to own this high-yield, multi-functional property with countless opportunities for growth and expansion. Septic will be replaced prior to closing. A liquor license can be purchased separately for an additional $150,000. This is a must-see for serious investors!
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Additional Information
- Taxes
- $9,024
- Cooling
- 3 Units, Ductless Split AC
- Exterior
- Brick/Block
- Garage Spaces
- 50
- Heating
- 4+ Units, Forced Hot Air, Multi-Zone
- Roof
- Asphalt Shingle
- Sewer
- Septic
- Water
- Well
- Basement
- Yes
- Lot Description
- Lake/Water View, Stream On Lot
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Listing Courtesy Of REALTY EXECUTIVES EXCEPTIONAL, Contact: 973-670-1960
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