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$ 1,595,000
Est. payment | /mo
5,919 SqFt
$ 1,595,000
Est. payment | /mo
5,919 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 5,919 sqft
Price per Sqft $269
MLS Listing ID 3971722
Year Built 1940
Annual Tax Amount $21,135
Tax Year 2024
Lot Size 0.840 Acres
Property Description
Incredible Package Deal! This rare opportunity to acquire a high-visibility corner commercial property with excellent redevelopment potential plus an adjacent single-family home that can generate extra land or rental income. Located in a rapidly growing corridor of Budd Lake, NJ, This unique offering includes a Corner Retail Building on a 276' x 148' lot and a Single-Family Residence (next door) at 48 Old Budd Lake Rd on a 75' x 155' lot. Key Highlights: High-traffic location with strong local demographics, Single-Story Commercial Building with open layout " easily adaptable for retail or office use, Full Walkout Basement for storage or delivery access, Surrounded by Growth " new apartments, retail condos & a supermarket under construction. No plans approved, Perfect blank canvas for high-end retail or mixed-use development. Whether you're a developer, investor, or end-user, this is a golden opportunity to secure your place in a market on the rise. Don't miss this rare, flexible investment opportunity in one of Morris County's most active redevelopment zones. The survey is available.
Location
State NJ
County Morris
Zoning Retail
Rooms
Basement Unfinished, Walkout
Interior
Heating Oil Tank Above Ground - Inside
Cooling 1 Unit, Central Air
Equipment Burglar Alarm, Kitchen Area, Restrooms - Private, Sign - Building, Storage Area(s)
Heat Source Oil Tank Above Ground - Inside
Exterior
Exterior Feature Concrete, Wood
Garage Spaces 24.0
Utilities Available See Remarks
Roof Type Asphalt Shingle, Built-Up
Building
Lot Description Corner, Open Lot
Story 1
Sewer Public Sewer
Water Well
Others
Ownership Fee Simple
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Listed by KELLER WILLIAMS CITY VIEWS REALTY
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