1-3 Milk St Branchville, NJ 07826
- Commercial real estate
- 1.05 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1-3 Milk St
- Year built
- 1850
- Lot size
- 1.05 lot acres
- Property type
- Commercial real estate
Description
This exceptional 1.05-acre commercial property, situated at 1-3 Milk Street in the iconic Branchville Borough, New Jersey, presents a unique investment opportunity. Priced at $1,500,000, this property boasts a highly visible corner location, ensuring maximum exposure for any business. The site is serviced by essential utilities including sewer, natural gas, and public water, simplifying operational needs. The existing buildings offer significant potential for rehabilitation and adaptive reuse, catering to a variety of commercial ventures. The property's prime location makes it ideally suited for a brewery, hospitality establishment, or retail business. One long-term lease is currently in place with a distillery, providing immediate income potential. This is a rare chance to acquire a substantial commercial property in a desirable New Jersey borough, ripe for revitalization and poised for significant returns. The property's size and location offer considerable flexibility for a wide range of commercial uses, making it an attractive investment for both established businesses and ambitious entrepreneurs. The existing infrastructure and utilities are in place, minimizing upfront development costs and accelerating the potential for a quick return on investment. Don't miss this opportunity to secure a prime commercial property in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Branchville
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.7471
- Latitude
- 41.1454