5,000 sqft

$729,999

1050 State Rt 23, Wantage Twp NJ, 07461

Price per sqft$146.00

Built in2021

Property size5,000 sqft

Property typeCommercial

Overview

Active

Listed Sep 13, 2026

Updated 22h ago

ATTENTION INVESTORS! Presenting a fabulous, renovated mixed-use property offering exceptional income potential and a 9% CAP RATE! This versatile building features three rental units, including two updated apartments, dedicated office space, and a spacious event/banquet hall. The property's flexible configuration offers potential for restaurant or catering use, while the adjacent space presents an excellent opportunity for a liquor store conveniently located beside the banquet hall. A Class 33 liquor license is available for purchase separately for an additional $200,000. Ideal for investors, owner-operators, or business owners seeking multiple revenue streams, this well-maintained property offers strong rental appeal and exciting opportunities for growth and expansion. Septic will be replaced prior to closing. Don't miss this unique investment opportunity!

Other Property Details

Taxes: $9,024
Tax Frequency: Annually
Garage: Yes
View: Yes
Waterfront: Yes

Courtesy of REALTY EXECUTIVES EXCEPTIONAL with JEANNETTE BURKE,
Listing Contact: 9737297141

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