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67 US Highway 46 5,919 SF 100% Leased Retail Building Budd Lake, NJ 07828 $1,595,000 ($269.47/SF)
EXECUTIVE SUMMARY
Incredible Package Deal! This rare opportunity to acquire a high-visibility corner commercial property with excellent redevelopment potential
plus an adjacent single-family home that can generate extra land or rental income. Located in a rapidly growing corridor of Budd Lake, NJ, This unique
offering includes a Corner Retail Building on a 276' x 148' lot and a Single-Family Residence (next door) at 48 Old Budd Lake Rd on a 75' x 155' lot. Key
Highlights: High-traffic location with strong local demographics, Single-Story Commercial Building with open layout " easily adaptable for retail or office use, Full Walkout Basement for storage or delivery access, Surrounded by Growth " new apartments, retail condos & a supermarket under construction. No plans approved, Perfect blank canvas for high-end retail or mixed-use development. Whether you're a developer, investor, or end-user, this is a golden opportunity to secure your place in a market on the rise. Don't miss this rare, flexible investment opportunity in one of Morris County's most active redevelopment zones. The survey is available
plus an adjacent single-family home that can generate extra land or rental income. Located in a rapidly growing corridor of Budd Lake, NJ, This unique
offering includes a Corner Retail Building on a 276' x 148' lot and a Single-Family Residence (next door) at 48 Old Budd Lake Rd on a 75' x 155' lot. Key
Highlights: High-traffic location with strong local demographics, Single-Story Commercial Building with open layout " easily adaptable for retail or office use, Full Walkout Basement for storage or delivery access, Surrounded by Growth " new apartments, retail condos & a supermarket under construction. No plans approved, Perfect blank canvas for high-end retail or mixed-use development. Whether you're a developer, investor, or end-user, this is a golden opportunity to secure your place in a market on the rise. Don't miss this rare, flexible investment opportunity in one of Morris County's most active redevelopment zones. The survey is available
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
5,919 SF
Building Class
C
Year Built
1940
Price
$1,595,000
Price Per SF
$269.47
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.94 AC
Zoning
C-1 - Store with office
Parking
25 Spaces (4.22 Spaces per 1,000 SF Leased)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 27-04100-0000-00087 | Improvements Assessment | $170,800 |
| Land Assessment | $453,600 | Total Assessment | $624,400 |
PROPERTY TAXES
Parcel Number
27-04100-0000-00087
Land Assessment
$453,600
Improvements Assessment
$170,800
Total Assessment
$624,400
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