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Prime Corner Traffic Light 5 Unit Mixed Use 92 Main St 9,400 SF Retail Building Sparta, NJ 07871 $1,884,492 CAD ($200.48 CAD/SF)



INVESTMENT HIGHLIGHTS
- Hard Corner Traffic Light and 3 Way Intersection on over half an Acre
- Large Amount of Vehicle Parking for your Business or Customers
- Favorable TCLM zoning
- Desirable Mixed Use Configuration
- One of the most sought after towns in Sussex County
EXECUTIVE SUMMARY
Prime Intersection - Corner Traffic Light 5 Unit Mixed Use in Sparta
3 Commercial Spaces and 2 Residential Apartments across Two Buildings located on one of the main arteries in Sparta NJ.
Over half an acre of desirable Commercial property located at the juncture of a corner traffic light and a 3 way intersection in
Sparta NJ, one of the most desirable towns in Sussex County.
Currently Two of the Commercial Spaces are rented (Owner uses the 3rd space for storage)
and both Apartments are currently occupied (One apartment is used by the owner and will be vacant/or a m2m
tenant upon transfer of sale depending on the buyers wishes). One of the Apartments was recently renovated, the other could
use some updating.
Gross Income of $4350 per month for the 3 leased spaces (2 commercial and 1 apt rentals) , this total can easily be improved upon.
92 Main St has numerous possibilities depending upon your needs whether for an owner user with additional income, traditional mixed use, development or
a variation on any of these.
Town Center Lower Main Street Commercial Zone (TCLM)
Please contact Marc for more information.
3 Commercial Spaces and 2 Residential Apartments across Two Buildings located on one of the main arteries in Sparta NJ.
Over half an acre of desirable Commercial property located at the juncture of a corner traffic light and a 3 way intersection in
Sparta NJ, one of the most desirable towns in Sussex County.
Currently Two of the Commercial Spaces are rented (Owner uses the 3rd space for storage)
and both Apartments are currently occupied (One apartment is used by the owner and will be vacant/or a m2m
tenant upon transfer of sale depending on the buyers wishes). One of the Apartments was recently renovated, the other could
use some updating.
Gross Income of $4350 per month for the 3 leased spaces (2 commercial and 1 apt rentals) , this total can easily be improved upon.
92 Main St has numerous possibilities depending upon your needs whether for an owner user with additional income, traditional mixed use, development or
a variation on any of these.
Town Center Lower Main Street Commercial Zone (TCLM)
Please contact Marc for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
9,400 SF
Building Class
C
Year Built
1940
Price
$1,884,492 CAD
Price Per SF
$200.48 CAD
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
12’
Building FAR
0.40
Lot Size
0.54 AC
Zoning
TCLM - Town Center Lower Main Street Commercial Zone (TCLM)
Frontage
28’ on Main St
AMENITIES
- Signalized Intersection
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 18-27005-0000-00003 | Improvements Assessment | $127,602 CAD |
| Land Assessment | $282,467 CAD | Total Assessment | $410,069 CAD |
PROPERTY TAXES
Parcel Number
18-27005-0000-00003
Land Assessment
$282,467 CAD
Improvements Assessment
$127,602 CAD
Total Assessment
$410,069 CAD
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Prime Corner Traffic Light 5 Unit Mixed Use | 92 Main St
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