601 Rte 23 Franklin, NJ 07416
- Commercial real estate
- 0.64 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 601 Rte 23
- Year built
- 1940
- Lot size
- 0.64 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 601 Route 23 Unit 0 in Franklin, NJ, presents a unique investment opportunity. Priced below assessed value, this two-story building offers a versatile space with numerous potential uses. The building sits on a 0.64-acre lot and boasts spacious rooms with an open floor plan, providing ample flexibility for various business configurations. Each level is equipped with its own heating unit and a full bathroom, enhancing convenience and efficiency. A full basement provides additional storage space, complemented by a one-car garage located at the rear of the property. Accessibility is ensured by a handicap ramp leading to the front entrance. The property benefits from excellent highway visibility, guaranteeing high traffic exposure and enhanced brand recognition. Its prime location offers easy access to a wide array of amenities, including shopping centers, diverse dining options, recreational activities such as skiing, snowboarding, golfing, and fishing, all within close proximity. This is an ideal opportunity for entrepreneurs and investors seeking a well-situated commercial property with significant potential for growth and return on investment. The asking price is $319,900.
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
- Franklin
- County
- Sussex
- State
- New Jersey
- Longitude
- -74.5723
- Latitude
- 41.1369
