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Mixed Use Store with Apartment – Hackettstown, NJ

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Location: 141 Main St, Hackettstown NJ 07840
Block/Lot: Block 66, Lot 9
Property Type: Mixed Use Commercial & Residential
Asking Price: $ 700,000
Info Links:  
MLS#: 3159175
   

This is the sale of a mixed-use Building located on Main St in Hackettstown near intersection of High St and Rt 46 (Main St). This 5700 square foot Hackettstown Investment Property has a 39 by 72 square foot lot, can generate approximately $85,840 annual Income, including 1 retail store/ 4 One-BR Units/ Roof Sign & Roof Antenna’s, prospect income from the roof rental was $34,000/year, from Store was  $18,240/year, from 4 apartments was $36,000/year. 2 Cell Tower leases for the roof and a Bill Board Sign Lease (Sign: AT&T, and T-Mobile Antennas). The 4 One-Bedroom Units need some improvements, estimates the apartment rental at $700 each…tenant pays heat (electric Heat in apartments; store has oil heat); owner pays sewer and water. This property was listed with Fiedler Real Estate at $700,000 on 07/22/2014 and sold for $710,000 in May, 2015.

Posted in: Commercial Tagged: Commercial NT, Mixed Use

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Hackettstown, NJ 07840

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Disclaimer: Fiedler Real Estate ("We") has obtained the property information in display on this site from sources we consider as reliable. However, it is subject to the possibility of errors and omissions. We include projections, opinions, assumptions, or estimates for example only, and they might not represent current or future performance of the property. Please consult with your tax and legal advisors to conduct independent due diligence investigations of the property before investment.

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