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Key Details
Sold Price $416,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,100 sqft
Price per Sqft $51
Subdivision None Available
MLS Listing ID 1004313625
Sold Date 02/17/21
HOA Y/N N
Originating Board TREND
Year Built 1922
Annual Tax Amount $18,519
Tax Year 2020
Lot Size 5,532 Sqft
Acres 0.13
Lot Dimensions 00 X 00
Property Description
WOW! DOn;t miss this opportunity ! Turn the key, and take the rents...This is the opportunity you've been waiting for. Situated at the signalized corner of Route 40 and S Main Street, this income producing property boasts 5 commercial units (first floor) and 3 residential units (second floor) Building has been upgraded to offer individual utilities per unit, except water & sewer, including new gas water heaters, electrical panel,monitoring fire alarm, residential apartment upgrades and recoating of roof to name a few. With over 14,000 VPD on Route 40, and public parking across the street and curbside on Main, you will be in line to reap the rewards of the sellers hard work. Property offers a CAP rate of 11.1 %, Rent Roll available upon request.
Location
State NJ
County Salem
Area Woodstown Boro (21715)
Zoning COM
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Oil
Heating Other
Cooling Other
Flooring Carpet, Vinyl
Fireplace N
Heat Source Natural Gas, Electric, Oil
Exterior
Utilities Available Water Available, Sewer Available
Waterfront N
Water Access N
Roof Type Rubber
Accessibility None
Road Frontage Boro/Township, State
Parking Type On Street
Garage N
Building
Foundation Brick/Mortar
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Woodstown-Pilesgrove Regi Schools
Others
Tax ID 15-00038-00019
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Joshua C Haas • Garden State Properties Group - Medford
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