300 Raritan Ave Highland Park, NJ 08904

This exceptional three-story commercial building, situated at 300 Raritan Avenue in Highland Park, New Jersey, presents a compelling investment opportunity. Built in 1922, the property boasts a prime location in the heart of the city, ensuring high foot traffic and excellent visibility. The 0.172-square-foot lot houses a fully rented building comprising eight rentable spaces, offering a diverse mix of office, retail, and café spaces. The building features a convenient elevator for accessibility and separate utilities for each unit, simplifying management and maximizing efficiency. The asking price is $2,550,000, representing a 5.70% cap rate. This turnkey investment benefits from professional management, ensuring a smooth and profitable ownership experience. The property's central location within the vibrant Highland Park community makes it an exceptionally rare and desirable acquisition. This is a chance to own a piece of Highland Park's rich history and thriving commercial landscape. The building's strong occupancy and diverse tenant mix provide a stable income stream and significant potential for future growth. Don't miss this opportunity to secure a high-performing commercial property in a sought-after New Jersey location. The zip code is 08904.