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120 Brady Rd 3,200 SF Retail Building Lake Hopatcong, NJ 07849 $425,000 ($132.81/SF)

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INVESTMENT HIGHLIGHTS

  • Turnkey investment with active restaurant tenant.
  • 1.08 acres with parking for 20+ cars.
  • Steps from Lake Hopatcong and minutes to Route 15.
  • Renovated freestanding building with 50-seat capacity.
  • Private well and septic; propane and electric utilities.
  • Zoned for flexible commercial/residential use (verify with township)

EXECUTIVE SUMMARY

RT 15 TO EDISON RD R ON ESPANONG L ON BRADY OVER BRIDGE TO #120 JP'S RESTAURANT
Remarks: Outstanding Commercial Opportunity in Lake Hopatcong " Tenant-Leased Restaurant Property Prime investment opportunity in a high-visibility location! Welcome to 120 Brady Road, a freestanding 1,300+ SF commercial building currently occupied by the popular Little Nicki's Restaurant. Nestled just steps from the lake and easily accessible via Route 15, this renovated property offers immediate rental income with a strong existing tenant in place. Originally remodeled in 2007, the building features updated heating, cooling, roofing, and bathrooms. Ample on-site parking for 20+ vehicles, blacktop surface, and boat slip access make it an ideal hospitality setup. The lot spans 1.08 acres and includes private well and septic systems. Zoned for flexible commercial use, the property is ideal for investors seeking stabilized income or future owner-users. Whether you're expanding your investment portfolio or looking to secure a future retail or restaurant space, 120 Brady Road offers a rare chance to own a well-positioned asset in one of Morris County's most desirable areas.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,200 SF
Building Class
B
Year Built
1945
Price
$425,000
Price Per SF
$132.81
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.91 AC
Zoning
R-30 - Flexible Commercial Use Ideal for hospitality, food & beverage, or retail.
Parking
25 Spaces (7.81 Spaces per 1,000 SF Leased)
Frontage
375’ on BRADY RD

AMENITIES

  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-00051-0000-00001-01
Land Assessment
$142,500
Improvements Assessment
$250,000
Total Assessment
$392,500
  • Listing ID: 35892190

  • Date on Market: 5/16/2025

  • Last Updated:

  • Address: 120 Brady Rd, Lake Hopatcong, NJ 07849

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