Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111
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Looking for a solid investment to add to your real estate portfolio or a new location for your business? Check out this very well maintained 5,250 +/- sf, two-unit building sitting on about 1.08 +/- acres with about 230 +/- feet of frontage on Broadway (Route 49). Owner occupies Anthony's Shoes. Current tenant pays $3034.00 per month plus 1/2 of the water/sewer expense. Separate utilities - gas and electric meters for owner's unit and tenant's unit. Property includes block 1501 lots 11 and 12. The property is located in the Commercial zoning district - permitted uses include retail stores, personal service shops, professional business offices, business centers, taverns/restaurants, service/repair/supply shops and more.. Great exposure with daily traffic counts of 16,648 vehicles/day (Route 49 - 2022 count). Convenient location - minutes to NJ Turnpike (exit 1), I-295/Delaware Memorial Bridge, Route 130 and US Route 322/Commodore Barry Bridge.
Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111
Directions: Heading South on Broadway (Route 49) toward Salem, PIQ will be on your left hand side - corner of Broadway and French Street
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Floors: Carpet, Laminated
Water Heater: Natural Gas
Total Number of Units: 2
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Brick
Foundation: Slab
Roof: Pitched, Shingle
Septic or Sewer: Public Sewer
Utilities: Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Security Features: SecuritySystem
Has Garage: No
Parking Spaces: 15
Site Description: Highway
Lot Features: Corner
Lot Size in Acres: 1.09
Lot Size in Sq. Ft.: 47,358
Zoning: COM
Condition: Very Good
Building Total Area (Sq. Ft.): 5,250
Transportation: Bus Stop less than 1 mile
Road Description: Paved
Has Waterfront: No
Has Water Access: No
School
School District: PENNSVILLE TOWNSHIP PUBLIC SCHOOLS
Additional Information
ListDate: 2024-04-23 00:00:00.0
Possession: Settlement, Subject to Existing Lease
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1986
Status: Active
Tax Year: 2024
Tax Amount: $25,490
Ownership Interest: Fee Simple
Exclusions: tenants personal property
Available For Lease: No
Business Type: Professional, Other/General Retail
$ per month Year Fixed. % Interest Rate.
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Monthly Insurance:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.