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

ATTACHMENTS

150 Edison OM

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

ZONING

Zoning Code C2 (Commercial and Industrial)
  • Listing ID: 34595204

  • Date on Market: 1/24/2025

  • Last Updated:

  • Address: 150 Edison Rd, Lake Hopatcong, NJ 07849