1050 State Rt 23, Wantage Twp., NJ 07461

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List Price
$729,999
Price Change
▼ $20,000 1791937292
Days on Market
31
Status
ACTIVE
MLS#
4052387
Lot Size (Acres)
3.24
Year Built
2021

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

Area
Wantage Twp.
Basement Desc
Full, Storage, Unfinished
Utilities
Electric
Taxes
$9,024
Exterior
Brick/Block
Lot Description
Lake/Water View, Stream On Lot
Water
Well
Basement
Yes
Cooling
3 Units, Ductless Split AC
Roof
Asphalt Shingle
Show Address
Yes

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Term of Loan
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Calculator source: Real Geeks

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

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