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$ 2,700,000
Est. payment | /mo
14,176 SqFt
$ 2,700,000
Est. payment | /mo
14,176 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 14,176 sqft
Price per Sqft $190
MLS Listing ID 3910689
Year Built 1880
Annual Tax Amount $37,736
Tax Year 2023
Lot Size 5,662 Sqft
Property Description
Very High Cash Flow Mixed Use 40 Room Hotel with very strong rental history and occupancy waiting list. This property also has a full sevice resturaunt and liq lic currently leased. The building has just been renovated and is centrally located on "fast redeloping" Spring Street in Newton NJ. Asking price is based on income and reasonably negotiable depending on terms and conditions.
Location
State NJ
County Sussex
Zoning T-6
Rooms
Basement Full, Storage
Interior
Heating Gas-Natural
Cooling See Remarks
Equipment See Remarks
Heat Source Gas-Natural
Exterior
Exterior Feature Vinyl Siding
Utilities Available Electric, Gas-Natural
Roof Type Asphalt Shingle, Flat
Building
Story 4
Sewer Public Sewer
Water Public Water
Others
Ownership Fee Simple
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Listed by BHHS GROSS AND JANSEN REALTORS