16 N Beverwyck Rd, Lake Hiawatha, NJ 07034 - Morris County

Opportunity to own this unique B5 commercial Zoned property, which can be used as 50% residential in Lake Hiawatha Downtown. Vacant and level lot. Many Potentials. The buyer does his due diligence. Potential to build up to 8 two-bedroom units or up to 12 one-bedroom units, through Township Variance Approval. The seller just started the approval process, (might take a year).Also, it has the potential to be subdivided, as originally it was 2 lots.Also, it has potential for a mini strip mall with many shops, a medical center, a storage area, Farmers market,a banquet hall, etc. The seller recommends the buyer check with the township for various options and do his own risk evaluation.Close to Highways and part of Downtown. Lot As it.