1235 Us-46Roxbury Township, NJ 07852

Property Details for 1235 Us-46

Year built

1950

Property size (Sq ft)

3,600 SF

Property type

Other commercial real estate

Property subtype

Other specialty properties

Description

This exceptional 3,600 square foot commercial building is located on busy Route 46 in Roxbury Township, NJ, boasting over 44,000 cars per day. Built in 1950 and renovated in 2003, this single-story, Class B building sits on an 11,700 square foot lot and includes 9 parking spaces. The property is zoned B-1 and B-2, offering flexibility for various uses. Currently operating at 100% occupancy, this owner-user investment opportunity presents a strong return on investment. The property features high ceilings and excellent street visibility, making it ideal for a wide range of businesses, including retail, professional offices, or custom service businesses. A ground lease is in place. The asking price is $749,000, translating to $208.06 per square foot. The location benefits from ongoing commercial redevelopment in the Ledgewood/Roxbury area, promising future appreciation. Flexible ownership options are available, including a potential rent-to-own arrangement. This prime location ensures high visibility and consistent customer traffic, making it an exceptional opportunity for business owners seeking a thriving commercial space. The property is available for sale by owner.

Location Insight

City

Roxbury Township

County

Morris

State

New Jersey

Latitude

40.8814

Longitude

-74.6541

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