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254 Route 206 Mount Olive, NJ $ 50,000
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$ 50,000 Get more info
254 Route 206
$ 50,000
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New Construction
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254 Route 206

Mount Olive, NJ, 07836
$ 50,000
Baths0.0

Monthly Estimate*

$ 332

254 Route 206, Mount Olive, NJ 07836 - Image 1
Studio

Commercial Property for sale in Mount Olive, NJ

for $50,000. The lot size is 2.

You opportunity to execute a land lease for 20+ years. The C-2 zone in Mt. Olive allows for many uses (both professional office space as well as retail). Some of the permitted uses include: Retail sales of goods and services. Automobile/truck truck sales, laundromats, professional and medical offices, veterinary clinics, restaurants, bars and nightclubs, banks, health clubs, theaters, bowling alleys, gymnasiums, tennis courts, pools, clubs, lodges, houses of worship, medical centers and mortuaries. Fast food and convenience stores are permitted. Adjacent commercial building and parking lot is for sale (MLS 3861741). Potential to use DOT road opening already in place on that property. Income producing billboard on the property as well. $50,000 per year lease with increases to be implemented.

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Commercial Active

Price

$ 50,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,331

Style

MixedUse

Lot Size

2

Town/City

Mount Olive

County/Region

Morris

MLS | Web ID

3862303
Features
General
Sewer See Remarks
Heating No Heat
Cooling No Cool
Utilities Gas-Natural
Possession Immediate
Zoning C-2
Year Built 0
Tenant Pays See Remarks
Township Mount Olive Twp.
Property Type Mixed Use Office/Retail Strip/Shopping Center MixedUse
Tax Year 2022
Percent Ownership Fee Simple
Location Highway Location
Lease Information 5 Or More Years
County Morris
Status Active
Directions Rt. 80 to 206S.
Street Name Route 206
Tax Annual Amount 4331
Drive None
Days on Market 190
Lease Type Other
Standard Status Active
Tax Assessed Value 132500
Town # 2327
Tax Lot 22
Tenant Landlord Pays Landlord Pays Commission
Farm Assessment No
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Exterior
Lot Features Open Lot
Water Source Public Water
Lot Dimensions 2.03AC
Lot Size Acres 2.00
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Interior
Fuel Type Gas-Natural
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* Excluded Features
List By
CHRISTOPHER KRUK

Listing Agent

Re/Max Town & Valley Ii

Broker

cjohnkruk@yahoo.com

Email

Affordability Calculator

$693
Per Month
48%
52%
0%
Monthly Principal & Interest
$332
Monthly Property Taxes
$361
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
291163 Elementary School
291353 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/31/2023$50,000 Listed Price

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254 Route 206, Mount Olive, NJ, 07836 is a Commercial Property for sale at $50,000 with a lot size of 2. 254 Route 206 is a studio with 0.0 baths. The property's zip code is 07836 which is in Mount Olive, NJ

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