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$1,695,000
Est. payment /mo
15,600 SqFt
UPDATED:
11/16/2024 02:50 PM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 15,600 sqft
Price per Sqft $108
MLS Listing ID NJGL2049338
Originating Board BRIGHT
Year Built 1961
Annual Tax Amount $49,134
Tax Year 2023
Lot Size 1.808 Acres
Acres 1.81
Lot Dimensions 315.00 x 250.00
Property Description
are find prime investment opportunity with high cap rate! This highly visible strip mall, situated on 1.81 acres with 140 parking spaces, offers direct access to Philadelphia, Atlantic City, and NJ Turnpike. The well-maintained brick building features heavy traffic counts, diverse long-time tenant mix, and a new roof. Unique opportunity for buyer to occupy 6000SF unit, or the current owner has been using the unit for the past year and is willing to sign a two-year lease from now. Don't miss this chance to invest in a thriving commercial property with excellent potential! Please note: The tenants pay property tax, CAM and utilities. The landlord pays general building insurance and HVAC annual service only.
Location
State NJ
County Gloucester
Area Monroe Twp (20811)
Zoning RGPR
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 140.0
Water Access N
Roof Type Flat
Accessibility None
Total Parking Spaces 140
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Monroe Township
Others
Tax ID 11-03801-00027
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Listed by Yuen Li Huang • BHHS Fox & Roach - Princeton