Listing Courtesy of: 201-445-4300 - MOHAMAD SANKAR - KELLER WILLIAMS VILLAGE SQUARE
201-445-4300
$1,650,000
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354 S MAIN ST Unit 0 Wharton, NJ 07885
General Commercial
Residence
Beds
5
Baths
3,301
Sq. Ft.
0.57
Acre
Lot
Property Activity
Time on Site
days
Days on Market
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Discover an unparalleled investment opportunity in the heart of the real estate market! This expansive property, covering over half an acre with 2 separate buildings, stands as one of the largest lots in town. Located in a B-1 Zoning District (Neighborhood Business District), it offers remarkable fl...exibility and potential. Both buildings have undergone complete renovation and rehabilitation, including new roofs, kitchens, bathrooms, utilities, and more. This ensures a low-maintenance, high-yield investment for years to come. Currently configured with 4 renovated apartments and an office space with full kitchens and bathrooms, the property boasts an impressive income potential exceeding $138,000 annually! We have created comprehensive floor plans and future plans to add 3 additional units to the front building, which has partial approvals. This will allow you to thoroughly explore every aspect of this unique offering. With the potential to expand to 8 units, the gross income could reach an astounding $220,000. This exceptional opportunity, with its strategic location and extensive renovations, ensures a sustainable and profitable investment for discerning investors. Don?t miss out on the chance to secure a prime piece of real estate that promises significant returns and long-term growth. Let?s collaborate to analyze the numbers, align with your goals, and make this exceptional investment opportunity yours today!
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MLS#
3911346
Property Type
General Commercial
Bathrooms
5 Full
Year Built
1900
Square Feet
3,301
sq. ft
Lot Size
0.57
Sewer
Public Sewer
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