Hamilton St Franklin, NJ 08873

Property Details for Hamilton St

Year built

1970

Property type

Commercial real estate

Description

This exceptional commercial property located on Hamilton Street in Franklin, NJ, presents a compelling investment opportunity. Priced at $510,000, this building offers significant potential for income generation and growth. The property features a vacant first floor, previously utilized as an office space, providing immediate opportunity for lease or owner-occupancy. The second floor is currently leased, generating a monthly income of $2,300. The building benefits from a central air and furnace system, recently updated in 2007, ensuring efficient climate control. Separate utility meters provide cost-effective management. Adding to its appeal is a spacious lot and a detached two-car garage, offering ample parking and storage. The property's location in Franklin, NJ, provides convenient access to local amenities and transportation routes. This is a rare opportunity to acquire a well-maintained commercial building with immediate income potential and significant upside. The vacant first floor allows for customization to suit a variety of business needs, while the existing tenant on the second floor provides a stable income stream. Don't miss this chance to secure a profitable investment in a desirable location. The property is priced to sell and ready for immediate occupancy.

Location Insight

City

Franklin

County

Somerset

State

New Jersey

Longitude

-74.4599

Latitude

40.496