For Sale
$375,000

137 Rutherford AveFranklin, NJ 07416

Prime Rt 23 location, 3,328 sq ft, high traffic.

Overview

Added:
Feb 3
Days on market:
62
This exceptional 3,328 square foot commercial property, located at 137 Rutherford Ave, Unit 1, Franklin, NJ, presents a unique investment opportunity. Situated on a 0.82-acre lot in a high-traffic area of Route 23, this property boasts excellent visibility and accessibility. Currently operating as a long-established hair salon, the space offers immediate income potential for a variety of businesses. The main floor is ready for immediate occupancy, requiring only minor cosmetic updates. The second floor, while not currently permitted as living space, presents significant potential for conversion into a two-bedroom apartment. This conversion would offer substantial cost savings by generating rental income to offset operational expenses, making this property an attractive option for owner-occupants seeking to reduce their monthly overhead. The property is being sold strictly "as is," reflecting the opportunity for a motivated buyer to capitalize on its potential. The asking price of $375,000 makes this a compelling investment in a prime Franklin, NJ location. The property's high visibility and established business history make it an ideal choice for entrepreneurs seeking a thriving commercial space.

Property Details for 137 Rutherford Ave

Property type
Square Feet
3,328 SF
Year Built
1920
Lot Size (sq. ft)
35,719 SF

Location Insight

City
Franklin
County
Sussex
State
New Jersey
Latitude
41.11028
Longitude
-74.58028
137 Rutherford Ave, Franklin, New Jersey

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137 Rutherford Ave
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