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Mixed-Use Flex and Residential Property

241 Highway 206 Stanhope, NJ 07874

241 Highway 206, Stanhope, NJ, 07874
$899,000
For Sale
$899,000

Mixed-use building offers a residential apartment and commercial/light industrial space with on-site parking.

Property Size1,248 SF
Price / SF$720.35
Days on Market78

Property Features for 241 Highway 206

General Information

Standard status
Active
Size
1,248 SF
Property subtype
Multi Family / 2-Two Story

Building Details

Year Built
1948
Listing agency REALTY EXECUTIVES EXCEPTIONAL
Listed by MICHAEL HAUCK · License #296451
Source Compass
Added: May 7 Updated: Jul 22 at 12:04PM Checked: Jul 22 at 12:04PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALTY EXECUTIVES EXCEPTIONAL


Investment Insights

Based on property information with market context.

This mixed-use property includes an approximately 3,873 SF building on 0.68 acres, combining residential and commercial/light industrial space. The building features a 1,248 SF three-bedroom residential apartment and a 2,665 SF commercial/light industrial area currently used for small engine repair. On-site parking accommodates up to 15 vehicles.

The property is positioned along the heavily traveled Route 206 commercial corridor in Stanhope, NJ, with highway frontage on U.S. Route 206. It is located just off Interstate 80, providing convenient access for day-to-day operations and customer traffic.

The current business is not for sale and is expected to relocate within Sussex County. The owner may consider a leaseback arrangement.

Key Highlights

  • Mixed‑use building with 3,873 SF on 0.68 acres in Stanhope, NJ, on the US Route 206 commercial corridor
  • 3‑bedroom residential apartment: 1,248 SF
  • Commercial/light industrial space: 2,665 SF, currently used for small engine repair

Property Analytics

Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Restaurant Big Box & Wholesale Store Dental Office Hair Salon Auto Parts Store Law Firm Spa & Massage Center Skin Care Clinic Garden Center Storage Facility

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

FAQs

What type of property is this?
Flex space - Mixed-use building offers a residential apartment and commercial/light industrial space with on-site parking.
Where is this flex space located?
The property is located at 241 Highway 206 Stanhope, NJ.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Mixed‑use building with 3,873 SF on 0.68 acres in Stanhope, NJ, on the US Route 206 commercial corridor; 3‑bedroom residential apartment: 1,248 SF; Commercial/light industrial space: 2,665 SF, currently used for small engine repair
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