2786 Rt 23 | Hardyston Twp.

$489,000 | 2 Baths (2 Half) | 3,100 Sq. Ft.

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. GSMLS 3895296

Directions to property: Route 287 to route 23 North. 15 miles property is on the right side.

MLS Listing ID: 
GSMLS 3895296
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Status Accepting Offers: 
1
Building Details
Details about the building on a property.
Stories: 
2
Year Built: 
9999
Living Area: 
3,100
Basement: 
Full
Construction
Construction Materials: 
See Remarks
Roof: 
Asphalt Shingle
Exterior: 
Vinyl Siding
Energy Information: 
Electric, Gas-Propane
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
2
Total Half-Bathrooms: 
2
Utilities
Information about utilities available on the property.
Heating System: 
3 Units, Baseboard - Hotwater
Heating System Fuel: 
See Remarks
Cooling System: 
3 Units, Central Air
Water Source: 
Well
Sewer: 
Septic
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
0.46
Lot Size (Dimensions): 
.464 AC
Waterfront: 
0
Lot Features
Driveway: 
Concrete
Parking Type: 
Concrete
Total Parking Spaces: 
18
Public Record
Parcel Number: 
2811-00036-0000-00038-0000-
Lot Number: 
38
Annual Tax: 
$10,483.00
Property Zoning: 
B-2
Listing Dates
Dates involved in the transaction.
Listing Entry Date/Time: 
4/10/2024
Contract Details
Details about the listing contract.
Inclusions: 
Building & Land
Possession: 
At closing
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Office Name: 
KRUMPFER REALTY GROUP