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    1235 Us-46, Roxbury Township, NJ 07852

    3,600 SF Built 1950
    Property ID
    Property summary
    AI-generated overview

    This exceptional 3,600 square foot commercial building is located on busy Route 46 in Roxbury Township, NJ, boasting over 44,000 cars per day. Built in 1950 and renovated in 2003, this single-story, Class B building sits on an 11,700 square foot lot and includes 9 parking spaces. The property is zoned B-1 and B-2, offering flexibility for various uses. Currently operating at 100% occupancy, this owner-user investment opportunity presents a strong return on investment. The property features high ceilings and excellent street visibility, making it ideal for a wide range of businesses, including retail, professional offices, or custom service businesses. A ground lease is in place. The asking price is $749,000, translating to $208.06 per square foot. The location benefits from ongoing commercial redevelopment in the Ledgewood/Roxbury area, promising future appreciation. Flexible ownership options are available, including a potential rent-to-own arrangement. This prime location ensures high visibility and consistent customer traffic, making it an exceptional opportunity for business owners seeking a thriving commercial space. The property is available for sale by owner.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1950
    Total area 3,600 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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