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175 N Main St Wharton, NJ 07885

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For Sale
$4,000,000

20,000 SF mixed-use building with restaurant and office spaces.

Lot size:
1.51 Acres

Property Features for 175 N Main St

General Information

Property type
Commercial
Standard status
Active
Lot size
1.51 Acres

Building Details

Year built
1885

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Listing Contact
Lidia S. Gabinelli
Source: Elliman

Listing Agent: Lidia S. Gabinelli

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Mixed-Use Building with Cellular Antenna Leases

This 20,000 square foot brick building, situated on 1.51 acres, is a mixed-use property featuring office spaces and a restaurant. Included in the sale is a liquor license currently used by the restaurant (Norte 175). The restaurant is equipped with a security and sprinkler system. The building, originally a silk mill constructed in 1885, is located on Washington Forge Pond, with a dam running alongside, creating a serene environment. Office spaces range from 250 to 4,500 square feet. Existing tenants include architects, a photography studio, an art studio, an engineering group, a training group, psychologists, and a religious group. The property features 14-foot ceilings and brick walls. Column spacing ranges from 15 to 25 inches. A decommissioned water tower on the building, with a roof updated in 1998, is approved for cellular antenna leases for up to 100 years. Currently, T-Mobile and Verizon are leasing antenna space, and there is space available for two additional antennas. The property has 50 surface parking spaces and is located close to Route 80, Route 46, and Route 15, as well as the Dover and Mt. Arlington Train Stations and NYC buses.
Location Intelligence

Current Use by Public Records

IronCut Fitness Gym & Fitness Center Peraton Corporate Office CJ Steakhouse Restaurant DHPC Technologies, Inc Corporate Office Bainbridge Counseling Services Crisis Center

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Wharton
County
Morris
State
New Jersey
Longitude
-74.5781465
Latitude
40.9039881

FAQs

What type of property is this?
Mixed-use property - 20,000 SF mixed-use building with restaurant and office spaces.
Where is this mixed-use property located?
The property is located at 175 N Main St Wharton, NJ.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: - Cellular antenna leases (T-Mobile & Verizon) with space for two more, approved for up to 100 years; - Includes a liquor license currently used by the restaurant (Norte 175); - **20,000 square foot all-brick mixed-use building with offices and a restaurant on 1.51 acres**
More about this property
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