

Apartments, Warehouse, Rented Offices and Retail Space
56 E. Main Street, Sussex, NJ 07461
Marketing description
56 E Main Street, Sussex Nj Is a Well-positioned, Masonry-built Mixed-use Asset Priced at $1,199,000 — Three Tenanted Residential Apartments Generating $60,960 Annually, Two Tenanted Commercial Suites, a Warehouse/Shop With Three Grade-level Overhead Doors at 13-foot Clearance and Approximately 15-foot Interior Ceiling Height, a Large Paved Rear Lot Built for Equipment and Trailer Staging, and a Large Basement for Storage — All Separately Metered.
This Asset is Ideally Suited for an Owner-user in a Trade-based Business, Contractor, Specialty Trade, or Similar Operation Seeking a Highly Functional Headquarters. It Offers Expansive Open Warehouse and Shop Space—Complete With an Equally Large, Dry Basement for Storage and Three Roll-up Doors—plus Multiple Offices or Showroom Areas. On-site Apartments and Leased Office Space Provide Ancillary Income To Offset Carrying Costs, While the Prominent Location on a Main Thoroughfare At the New York-new Jersey Border Ensures Exceptional Business Visibility and Transport Access.
From a Replacement-cost Perspective, Replicating a Building of This Impeccable Standard Today Would Cost Multiples Beyond the Asking Price, Allowing the Buyer to Acquire a Premium Asset at a Substantial Discount to Modern Development Costs.
Investment highlights
- ~10,500 Sf Masonry-built Mixed-use Asset Priced at $1,199,000
- Three Tenanted Residential Apartments Generating $60,960 Annually
- Two Tenanted Commercial Suites Providing Immediate Income
- Warehouse/Shop With 3 Grade-level Overhead Doors — Ideal for Trade-based Owner-user
- Available Showroom/Divisible Space (~1,500 Sf) and Warehouse/Shop Floor (~2,000 Sf) for Owner-occupant Use
- All Units Separately Metered — Reduces Owner Utility Exposure
- Large Paved Rear Lot for Equipment and Trailer Staging
- Prominent Location on Main Thoroughfare at Ny/Nj Border — Exceptional Visibility and Transport Access
- Replacement-cost Value: Replicating This Building Today Would Cost Multiples of the Asking Price
- Engineered to Commercial and Industrial Loading Standards From Original Permitted Architectural Drawings
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