$1,650,000 - 354 S Main St, Wharton Boro
- -
- Bedrooms
- -
- Baths
- 25,199
- SQ. Feet
- 0.57
- Acres
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 flexibility 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!
Essential Information
-
- MLS® #:
- 3911346
-
- Price:
- $1,650,000
-
- Square Footage:
- 25,199
-
- Acres:
- 0.57
-
- Year Built:
- 1900
-
- Type:
- Commercial
-
- Status:
- Active
Community Information
-
- Address:
- 354 S Main St
-
- City:
- Wharton Boro
-
- County:
- Morris
-
- State:
- NJ
-
- Zip Code:
- 07885-2048
Amenities
-
- Utilities:
- Gas-Natural, Electric
-
- Parking Spaces:
- 14
-
- Parking:
- Parking Lot-Exclusive, Concrete, Lighting, Off-Street Parking
Interior
-
- Heating:
- Gas-Natural
-
- # of Stories:
- 3
Exterior
-
- Exterior:
- Vinyl Siding
-
- Lot Description:
- Level Lot, Possible Subdivision
-
- Roof:
- Asphalt Shingle
Additional Information
-
- Date Listed:
- July 3rd, 2024
-
- Days on Market:
- 253
-
- Zoning:
- Mixed
Listing Details
- Listing Office:
- Keller Williams Village Square