175 N Main St - Loft/Creative Space FOR SALE


Wharton, NJ 07885
$4,000,000 USD
908-334-1151
175 N Main St, Wharton, NJ for Sale
$4,000,000 USD
Loft/Creative Space - FOR SALE
1/30
null | 7.5% Cap Rate

NEW


175 N Main St
Wharton, NJ 07885


HIGHLIGHTS

  • Professional Offices, Art Studio, Architect, Engineering, Restaurant, Liquor License, Cellular Antenna Tower.

OVERVIEW

Great Investment & Opportunity to own a 20,000 square foot all Brick Building on 1.51 Acres that is mixed use with offices and a Restaurant. Included in the Sale of the Building is a Liquor License being used for the Restaurant (Norte 175). Restaurant Has Security & Sprinkler System. There is a Decommissioned Water Tower on the Building (Tower roof was done in 1998). This Tower is Approved for Cellular Antenna Leases for up to 100 years. Currently Leasing to T Mobile & Verizon. And there is space for Two (2) more Antennas. This once Silk Mill was built in 1885 sits on Washington Forge Pond with a Dam running along the side of the building with serene sounds and setting. Office Space from 250 sq ft to 4500 sq ft. Existing Tenants include Architects, Photography Studio, Art Studio, Engineering Group, Training Group, Psychologists, and a Religious Group. Features 14 Foot Ceilings, 15" to 25" Column Spacing and charming Brick Walls. Close to Rt 80, Rt. 46 & Rt. 15. Close to Dover & Mt. Arlington Train Stations and NYC Buses. There are 50 Surface Parking Spaces. Unique Opportunity Awaits! Call Lidia Gabinelli at 908-334-1151. Must have Verified Pre Approval or Proof of Funds to Schedule a Showing. Must Accompany. Please provide 24 Hour Notice.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$200 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

ADD'L SUBTYPES

Restaurant, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1885

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.51 AC

LAND SF

65,776 SF

ZONING

Retail Business District

APN/PARCEL ID

39-00301-0000-00001

ASK ABOUT THIS PROPERTY

Lidia GabinelliKienlen Lattmann Sotheby's International RealtyMore Info
908-334-1151

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Lidia GabinelliKienlen Lattmann Sotheby's International RealtyMore Info
908-334-1151

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.