GREAT OPPORTUNITY!!! Prime mixed-use property offering both income potential and convenience. This building features two spacious storefronts at street level, ideal for retail, office, or service businesses, each with large display windows that provide excellent visibility. The two spaces are presently open to one, but can easily be closed off for two separate stores. (town variance is required) Above the commercial space is a private apartment, perfect for an owner-occupant seeking live/work flexibility or as a rental unit for additional income. The apartment features 3 bedrooms (3rd is attic level) with its own entrance. The side yard is private and perfect for outdoor leisure. Four parking spots are assigned to the building .Don't miss this rare opportunity. PUBLIC WATER, PUBLIC SEWER & GAS LINE IN THE STREET!
Own (or lease) a piece of History. The Stanhope House, billed as The Last American Roadhouse, is an intimate concert venue that's been hosting the biggest names in Blues, and also showcasing local and imported musicians of all genres, for decades. It's got a roomy dance floor, lots of parking, right on Main Street, a rustic restaurant with a simple, adequate kitchen, and a vintage bar with a liquor license. There are rooms and an office upstairs. There's also a porch and a backyard patio. It needs a new owner with a vision and some TLC to invest. There's quite a contingent of fans who will gladly support a new caretaker of the House's traditions. Once a tiny quiet town just beyond the far western boundary of Morris County, Stanhope has become part of the vibrant housing boom positioned to support big growth in the dining and entertainment industry. The Stanhope House - a new owner's timely wise investment as well as a soulful and satisfying personal Legacy! Lease possibilities would be considered: i.e. 3 yr rental converted to sale, possibly with seller-held financing. Tenant runs music venue, restaurant and bar; & also keeps income stream from second floor apartment(s). Details could be discussed further.

Stanhope is located in New Jersey. Stanhope, New Jersey has a population of 3,515. Stanhope is less family-centric than the surrounding county with 24.61% of the households containing married families with children. The county average for households married with children is 31.29%.
The median household income in Stanhope, New Jersey is $101,754. The median household income for the surrounding county is $101,645 compared to the national median of $69,021. The median age of people living in Stanhope is 41.5 years.
The average high temperature in July is 83.4 degrees, with an average low temperature in January of 17.4 degrees. The average rainfall is approximately 50.1 inches per year, with 34.6 inches of snow per year.