Mixed-Use investment opportunity generating around $141,600 annual gross income with newly executed 3-year retail lease and stable residential occupancy. Property is approx 1/2 acre with 2 separate buildings located in a B-1 zoning district (neighborhood business district). Renovations include new roofs, kitchens, bathrooms and utilities. Current use includes 4 apartments and an office space with full kitchens and bathrooms. Great potential for investors. Convenient location in town, close to major highways (Rt 46,15,80), near mass transit, hospital and shopping.
Property Details
- Floors
- Carpeting, Concrete, Laminate, Tile, Vinyl-Linoleum
- Cooling
- 4+ Units, Central Air, Ductless Split AC
- Heating
- 4+ Units, Forced Hot Air, Radiant - Electric, Radiators - Hot Water
- Heating Source
- Gas-Natural
- Cooling Features
- 4+ Units, Central Air, Ductless Split AC
- Lot Features
- Level Lot
- Stories
- 2
- Exterior Materials
- Vinyl Siding
- Acres
- 0.57
- Lot Size
- 150X168 AV
- Parking Spaces
- 15
- Property Type
- Purchase
- Basement
- 1
- Basement Description
- Full, Storage, Unfinished
- Year Built
- 1900
- Roof
- Asphalt Shingle
- Sewer Information
- Public Sewer
- Utility Features
- Electric, Gas-Natural
- Water
- Public Water
- Services
- Cable TV Available
- County
- Morris
- Region
- Wharton Boro
- Zoning
- mixed
- Ownership
- Fee Simple
- MLS #
- 4030354
- Property Subtype
- Apartment Complex
- Parcel Number
- 2339-02011-0000-00014-0000-
- MLS #
- 4030354
- Date Listed
- May 27, 2026
- Ownership Type
- Fee Simple
- Address
- 354 S Main St
Location
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Provided By
Listed by REGINA ASHWORTH (#256016)
Listing Office: WEICHERT REALTORS (#000646)
