High-Yield Investment Opportunity on State Route 23Introducing a premier commercial real estate investment along the bustling State Route 23. This property presents a remarkable opportunity with a tenant already in place, generating an estimated 6% CAP rate. Spanning 2,700 sq ft, it offers potential for diversification through multi-tenant strategies, enhancing its income-producing capacity. Situated on a high-traffic highway, it guarantees visibility and accessibility, two critical factors for sustained occupancy and rental growth. This turnkey investment is not just an acquisition but a strategic asset offering stable cash flow, growth potential in a thriving location, and the flexibility to adapt to market demands. Capitalize on this opportunity to own a piece of the commercial growth trajectory on State Route 23.
3895296
Other, 2 Story
Sussex
0.46
Acres
Well
2
Vinyl Siding
Septic Tank
3,100
Sq. Ft.
Cable Available
1 Total
Interior Features
- Flooring
- Tile, Carpet
- Cooling
- Central Air
- Heating
- Electric Heating. Baseboard.
- Basement
- Full
- Accessibility
- Doors. Accessible Entrance.
Exterior / Lot Features
- Parking
- 18 Parking Spaces.
- Exterior
- Vinyl
- Roof
- Asphalt
- Zoning
- B-2
- Additional Exterior/Lot Features
- Corner Lot, Level.
Financial Considerations
Fee Simple
2811-00036-0000-00038-0000-
$10,483
Arrows indicate 90 day trend
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