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    OFF-MARKET
    Commercial real estate

    187 Rte 206, Sandyston, NJ 07826

    3,800 SF 1.62 ac lot
    Property ID
    Property summary
    AI-generated overview

    This exceptional turnkey commercial property, located at 187 Route 206, Sandyston, NJ, presents a unique investment opportunity. The 3,800 square foot building sits on a 1.62-acre lot and currently operates as a successful farmers market and gift shop. Completely renovated in 2019, the property boasts a new roof, windows, flooring, lighting, and bathrooms. Significant upgrades also include a new generator and enhanced security systems. The building's interior features modern dГ©cor and is ready for immediate occupancy. Its strategic location on Route 206 ensures high visibility to a substantial volume of northbound and southbound traffic. The property offers ample well-lit parking for customers and employees. Lower-level garages provide substantial storage space for inventory or can be utilized for interior parking of multiple vehicles. This turnkey operation is poised for continued success and offers a rare combination of established business and prime commercial real estate in a high-traffic area. The asking price is $799,000. This is an excellent opportunity for an investor seeking a profitable, established business with significant growth potential.

    Property profile
    Verified
    Property type Commercial real estate
    Total area 3,800 SF
    Lot 1.62 ac (70,567 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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