This commercial property, located at 198 Us Highway 46 E in Lodi, New Jersey, presents a compelling investment opportunity. Situated in a prime highway location on Route 46, the building benefits from significant traffic and visibility. The property is currently occupied by a tenant with an active lease, offering immediate income potential for a new owner. The zoning designation is C-H - Commercial Highway, suitable for a variety of business uses.
The building itself, constructed in 1952, offers 4,200 square feet of space across a single story. It features 49 feet of frontage directly on Us Highway 46 E, enhancing its commercial appeal. A notable aspect of this property is the additional rear entrance and shop accessible from Pasadena Avenue, providing a secondary point of access and operational flexibility. The property is classified as a C building class and is a freestanding structure.
Parking is well-accommodated with 10 spaces available, equating to 2.38 spaces per 1,000 square feet of leased area. This ample parking is a significant advantage for businesses operating within the property and for their customers. The property's category is listed as Investment NNN, indicating a net lease structure that typically shifts property operating expenses to the tenant.
Prospective buyers are required to demonstrate proof of funds or a pre-approval letter before scheduling viewings. A Non-Disclosure Agreement (NDA) must also be signed to access detailed lease and financial information. It is imperative that potential buyers do not disturb the current tenant's business operations. All showings are strictly by appointment only, ensuring a professional and organized process for all parties involved.

Terrie OConnor Realtors

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