5 Unit Mixed Use + Land Rt 206 - Andover
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5 Unit Mixed Use + Land Rt 206 - Andover
4 Properties Offered at $1,272,690 CAD in Multiple Locations
Investment Highlights
- Highway Frontage on Route 206
- Tenants Pay Most Utilities and Maintenance
- Land to be Able to Build Additional Structure(s)
- Train Station that Connects to NYC coming to Andover
Executive Summary
Five Buildings on one 4.42 Acre parcel with very visible highway frontage on Rt 206.
Currently One Two Unit Multi-Family, Two Commercial Income Producing Properties and a Storage Shed.
The additional land could be utilized to build 2nd residential structure and/or an additional
storage shed to add a 6th and possibly 7th building to this well situated 4.4 acre parcel.
Near a corner traffic light, this is one of the most well traveled corridors in Sussex County and with the train station opening in Andover that will connect to NYC only a few miles away, the value of this opportunity will only increase in time.
Please contact Marc for more information.
Currently One Two Unit Multi-Family, Two Commercial Income Producing Properties and a Storage Shed.
The additional land could be utilized to build 2nd residential structure and/or an additional
storage shed to add a 6th and possibly 7th building to this well situated 4.4 acre parcel.
Near a corner traffic light, this is one of the most well traveled corridors in Sussex County and with the train station opening in Andover that will connect to NYC only a few miles away, the value of this opportunity will only increase in time.
Please contact Marc for more information.
Property Facts
| Price | $1,272,690 CAD | Number of Properties | 4 |
| Price / SF | $296.73 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,289 SF |
| Status | Active | Total Land Area | 18.14 AC |
| Price | $1,272,690 CAD |
| Price / SF | $296.73 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 4 |
| Individually For Sale | 0 |
| Total Building Size | 4,289 SF |
| Total Land Area | 18.14 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 466 Us-206, Newton, NJ 07860 | Retail | 1,039 SF | 1950 | - |
| 466 Route 206, Andover, NJ 07860 | Multifamily | 2,000 SF | 1950 | - |
| 466 Route 206, Andover, NJ 07821 | Retail | 800 SF | 1950 | - |
| 12 Fredon Rd, Newton, NJ 07860 | Specialty | 450 SF | 1960 | - |
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5 Unit Mixed Use + Land Rt 206 - Andover
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