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High Cash Flow Turnkey 4 Unit Mixed Use 75 Main St 2,809 SF 100% Leased Retail Building Sussex, NJ 07461 $835,950 CAD ($297.60 CAD/SF) 8% Cap Rate
Investment Highlights
- Strong Cash Flow
- "On Main St" Location
- Turnkey Property
- All Units Remodeled
- Pubic Water/Sewer
Executive Summary
Very nice strong cash flowing 4 unit mixed use on the main thoroughfare of Sussex Boro.
2 One BR Apartments - both recently renovated.
2 Retail Spaces leased to 1 Retail Tenant (Lease End 2030)
The basement is rented for storage (additional income to a separate tenant)
Brand New Roof 2026
Water/Sewer and Gas paid by Landlord
Apartments pay for their own Heat(Gas), Commercial Heat (Gas) is paid by Landlord.
Public Water and Sewer.
Room to Park Two to Three Cars in the Back
Turnkey property, easy to maintain.
Please contact Marc for Income and Expenses.
2 One BR Apartments - both recently renovated.
2 Retail Spaces leased to 1 Retail Tenant (Lease End 2030)
The basement is rented for storage (additional income to a separate tenant)
Brand New Roof 2026
Water/Sewer and Gas paid by Landlord
Apartments pay for their own Heat(Gas), Commercial Heat (Gas) is paid by Landlord.
Public Water and Sewer.
Room to Park Two to Three Cars in the Back
Turnkey property, easy to maintain.
Please contact Marc for Income and Expenses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,809 SF
Building Class
C
Year Built
1950
Price
$835,950 CAD
Price Per SF
$297.60 CAD
Cap Rate
8%
NOI
$66,875 CAD
Percent Leased
100%
Building Height
2 Stories
Building FAR
1.61
Lot Size
0.04 AC
Opportunity Zone
Yes
Zoning
C-1 - Permitting retail, service, office, and similar Main Street–oriented commercial uses.
Parking
6 Spaces (1.15 Spaces per 1,000 SF Leased)
Frontage
Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 21-00701-0000-00003 | Improvements Assessment | $238,654 CAD |
| Land Assessment | $49,320 CAD | Total Assessment | $287,974 CAD |
Property Taxes
Parcel Number
21-00701-0000-00003
Land Assessment
$49,320 CAD
Improvements Assessment
$238,654 CAD
Total Assessment
$287,974 CAD
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High Cash Flow Turnkey 4 Unit Mixed Use | 75 Main St
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