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    OFF-MARKET
    Commercial real estate

    1235 Route46Ledge, Ledgewood, NJ 07852

    3,600 SF 0.27 ac lot Built 1960
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,600 square foot commercial property, situated on a 0.27-acre lot at 1235 ROUTE46LEDGE Unit 1 in Ledgewood, NJ, presents a unique investment opportunity. Currently configured as a furniture store specializing in custom kitchen cabinets and furniture, the building boasts a rich history, having previously served as an appliance store. This adaptable space offers significant potential for a variety of commercial uses, benefiting from its prime location on Route 46. The building's layout is well-suited for retail, showroom, or light industrial applications. The existing infrastructure is in good condition, with a septic system recently confirmed to be functioning properly. The property's 0.27-acre lot provides ample space for parking and potential expansion. The asking price of $850,000 reflects the property's strong location, versatile design, and immediate availability. This is an excellent opportunity for an investor or business owner seeking a well-maintained commercial space in a high-traffic area with significant growth potential. The property is ready for immediate occupancy, allowing for a swift transition and commencement of operations. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1960
    Total area 3,600 SF
    Lot 0.27 ac (11,761 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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