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Laura Latrenta, ABR
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Mobile Phone:
201-370-4394
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FOR SALE
$399,000

2 Walnut Ln Unit 1-4
Hope Twp., NJ 07844

General Commercial
Commercial
4,352
Sq. Ft.
0.37
Acre Lot
Courtesy: RE/MAX TOWN & VALLEY II
Home> New Jersey> Hope Twp.> 07844
Introducing the Hope Long House, a remarkable investment in the heart of the historic Village of Hope! This fully rented 4-unit commercial building boasts a substantial gross annual income of $58,608. Steeped in history, the Long House has roots dating back to the 1770s when it was originally inhabited by the Moravians. Throughout the years, it has served various purposes, from a confectionary shop to a tinsmith, stove store, post office, residential units, antique stores, and a furniture store. Today, it proudly hosts a retail operation, a health/wellness center, and two commercial offices. Recent renovations, backed by grants totaling over $500,000, have revitalized the building. Upgrades include newer roofing, siding, and interiors, ensuring a modern and appealing space. The property is equipped with a modern septic system and features convenient off-street parking. Strategically located just minutes from Route 80 at Exit 12 and a mere hour from NYC, this investment opportunity offers both historical charm and practical convenience. With potential for a solid 9% ROI, you can capitalize on this chance to own a piece of history. The Long House is not just a lucrative property; it's a significant part of the community in a charming town that hosts events throughout the year. This sale includes the building and property, excluding the businesses currently operating within. Don't miss out on the chance to be the proud owner of the Long House, where history meets profitability!
3881460
Commercial - General Commercial, Other
1775
Warren
0.37 Acres
Well Shared
Septic
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

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Courtesy: RE/MAX TOWN & VALLEY II
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