The sale includes 2 buildings, 46-48 Water St and 50 Water St; Block 5.05 Lot 21 & Block 5.05 Lot 20. Total acreage: .59 acres. Two large renovated office spaces, a 5-bedroom apartment, a 1-bedroom apartment, and a large auto repair shop. City sewer, water & gas. 9% CAP rate. Great opportunity. The owner will do a sale-leaseback. NOI $103,000.00. Mixed-use building with outdoor storage. Zoned for cannabis as well.
3866667
Business Opportunities, 2 Story
Sussex
1926
0.59
Acres
Public
2
Brick
Public Sewer
11,860
Sq. Ft.
Cable Available
2 Total
Interior Features
- Flooring
- Tile
- Cooling
- Central Air
- Heating
- Electric Heating, Oil. Baseboard.
- Basement
- Partial, Unfinished
Exterior / Lot Features
- Exterior
- Brick
- Roof
- Asphalt
- Zoning
- T-5
Financial Considerations
Fee Simple
2815-00005-0005-00021-0000-
$38,292
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