Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111
Request Information
Schedule ShowingÂ
Save To FavoritesÂ
Registered Users (please sign in)
Forgot Password?Â
New Users
Attention Savvy Investors... Here's the sound real estate investment you have been looking for to add to your portfolio. Check out this 9,008 +/- sf ( 8,721 +/- sf net rentable area) one-story, four-unit commercial building sitting on 1.95 +/- acres. This property is well designed for medical professional services. You will appreciate this well constructed multi-tenant masonry and steel framed office building with a multi-angle pitched roof. This prime property offers 81 +/- parking spaces (including 4 designated for handicapped parking) on a macadam covered parking lot, pole-mounted lighting, concrete curbing and sidewalks and professional landscaping. The property is in the Zone X flood zone and the RP/LR-1 zoning district. The four (4) units layout are the following: Suite A - 1811 +/- sf , Suite B & C - 2391 +/- sf , Suite D - 1979 +/- sf and Suite E - 2352 +/- sf. Three of the four units are currently leased, and utilities are separately metered. The current gross annual income for the three leased units is $110,304 plus a pro-rata share of the expenses as additional income. Great location -- walking distance to Inspira Medical Center and just minutes to Route 40 and Route 55. There is a 45kW natural gas powered Generac generator, which provides back-up power for Suites B and C . Great replacement property to complete a 1031 tax deferred exchange.
Listing Courtesy of: Warner Real Estate & Auction Company (856) 769-4111
Directions: Route 40 East toward Elmer, bear right on Front Street, PIQ will be on your left
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Floors: Carpet, Laminated, Tile/Brick
Water Heater: Natural Gas
Total Number of Units: 4
Accessibility: Other
Exterior Features
Stories: 1
Is New Construction: No
Construction: Masonry
Foundation: Concrete Perimeter
Roof: Metal, Pitched
Septic or Sewer: On Site Septic
Utilities: Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Water Available
Has Garage: No
Parking Spaces: 81
Site Description: Free Standing
Lot Size in Acres: 1.95
Lot Size in Sq. Ft.: 84,942
Dimensions: 0.00 x 0.00
Zoning: RP/LR-1
Condition: Good
Building Total Area (Sq. Ft.): 9,008
Road Description: Black Top, Paved
Has Waterfront: No
Has Water Access: No
School
School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
Additional Information
ListDate: 2025-06-06 00:00:00.0
Possession: Subject to Existing Lease
Property Type: COM
Property SubType: Commercial Sale
Year Built: 2012
Status: Active
Tax Year: 2024
Tax Amount: $47,081
Ownership Interest: Fee Simple
Available For Lease: No
Business Type: Medical, Professional, Other
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
$
Monthly Tax:
$
Monthly Insurance:
$
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.