Remarks

Retail plus three residential spaces. Prime mixed use with exceptional visibility on Route 23 at the southern end of the Franklin highway commercial zone. There is parking for the retail space in front and a large private lot in the rear for residential tenants or overflow for the retail space. Two 2 bed and one 1 bed residential apartments along with the storefront are all occupied with month to month tenants ensuring a day 1 income stream. A large attic provides tons of storage space. The 2 bed units upstairs have gas stoves and the boiler is oil fired but natural gas is readily available for conversion. The Franklin Shopping Center is right across the street. New siding and a new boiler make for low maintenance enabling a buyer to live and work from one property or open a business with overhead costs paid for by your residential tenants. An exceptional opportunity for business owners, investors, or someone looking for a live and work at one location arrangement. The possibilities are plentiful with this property ready for ownership takeover.

Details

MLS#: 3955766
Price: $525,000

Sq Ft: 3651
Year Built: 1920

County: Sussex
Tax Fee: 13546