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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.

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