This exceptional 3,240 square foot commercial property, located at 5 CHURCH ST Unit 5, Vernon, NJ, presents a unique investment or business opportunity. Situated in the burgeoning Vernon Town Center, this completely renovated building (2023) boasts a prime location near popular attractions including Mountain Creek Ski Resort & Water Park, Crystal Springs Golf Resort, the Appalachian Trail, and the shopping village of Warwick, NY, as well as several wineries. The building's configuration is ideal, featuring three commercial units and one residential unit. The 0.38-acre lot provides ample space. Currently, the residential unit is occupied. This presents a compelling opportunity for an investor seeking a diversified portfolio or a business owner looking for a high-visibility location. The current owner is relocating, making the property available for immediate occupancy. Lease space is also available, offering flexibility for potential tenants. The property's strategic location and recent renovations make it an attractive proposition for a variety of commercial uses. The proximity to recreational amenities and shopping centers ensures high foot traffic and visibility. This is a rare chance to acquire a well-maintained, versatile commercial property in a rapidly growing area. Don't miss this opportunity to establish your business or expand your investment portfolio in a thriving New Jersey community.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$921,262
Hospitality
$843,871
Educational
$702,091
Medical
$726,237
Retail
$1,092,142
Location Insight
City
Vernon
County
Sussex
State
New Jersey
Latitude
41.2002
Longitude
-74.4857
CBSA code
35620
CBSA name
NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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