150 Edison Rd
5,100 SF Flex Building Lake Hopatcong, NJ 07849 $1,200,000 ($235.29/SF) 5.70% Cap Rate
INVESTMENT HIGHLIGHTS
- Renovated in 1968, presenting a turnkey investment opportunity
- Prime location in the sought-after Jefferson (Lake Hopatcong) area
- Zoned C-2, offering versatility for various industrial and commercial uses
- Ideal for investor or contractor seeking future own use opportunity
EXECUTIVE SUMMARY
Strong lease in place with 3% annual increases for steady returns
PROPERTY FACTS Under Contract
| Price | $1,200,000 |
| Price Per SF | $235.29 |
| Sale Type | Investment |
| Cap Rate | 5.70% |
| Property Type | Flex |
| Building Class | C |
| Lot Size | 0.48 AC |
| Rentable Building Area | 5,100 SF |
| No. Stories | 2 |
| Year Built | 1968 |
| Tenancy | Single |
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ZONING
| Zoning Code | C2 (Commercial and Industrial) |
