1050 State Rt 23, Wantage Twp., NJ 07461-3345
  • $729,999

Overview

Property ID: HZ4052387
  • MixedUse, Commercial Sale
  • Property Type
  • 50
  • Garages
  • 5000 Sqft
  • Area Size

Description

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!

  • Address: 1050 State Rt 23, Wantage Twp., NJ 07461-3345
  • City: Wantage Twp.
  • State/county: NJ
  • Zip/Postal Code: 07461-3345

Details

Updated on October 13, 2026 at 3:31 pm
  • Property ID HZ4052387
  • Price $729,999
  • Property Size 5000 Sqft
  • Land Area 3.24 Acres
  • Garages 50
  • Year Built 2021
  • Property Type MixedUse, Commercial Sale
  • Property Status Active

Additional details

  • Roof Asphalt Shingle
  • Utilities Electric
  • Sewer Septic
  • Cooling 3 Units, Ductless Split AC
  • Heating 4+ Units, Forced Hot Air, Multi-Zone
  • Flooring Carpeting, Laminate, Tile
  • County Sussex
  • Property Type Commercial Sale

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Jill Skibinsky

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