Listing Courtesy of: Realty Mark Advantage (856) 457-4900
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A 4,000-square-foot commercial/retail building on 3.6 acres, located at the intersection of Tansboro and Taunton Roads in Winslow Township. It has the potential for an expansion of more than 2,000 square feet. New construction is underway near a residential complex with 142 single-family homes and 139 townhomes, and move-ins are expected to begin this year. When that happens, the value of this property is likely to increase. Currently, this property houses a pizza shop, a convenience store, and a dry cleaner. One of these tenants is renting below market rate, and if adjusted to market rate upon renewal in January 2027, a cap rate of approximately 7% could be achieved.
Listing Courtesy of: Realty Mark Advantage (856) 457-4900
Directions: S. Route 73 to E. Taunton Rd, Cross Tansboro Rd. on Right side.
Interior Features
Heating: Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C, Electric
Water Heater: Natural Gas
Accessibility: None
Exterior Features
Is New Construction: No
Construction: Block, Masonry, Stucco
Foundation: Concrete Perimeter
Roof: Shingle
Septic or Sewer: On Site Septic
Utilities: Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Has Garage: No
Parking Spaces: 20
Site Description: Suburban
Lot Size in Acres: 3.6
Lot Size in Sq. Ft.: 156,816
Zoning: PC3
Building Total Area (Sq. Ft.): 4,059
Has Waterfront: No
Has Water Access: No
School
School District: WINSLOW TOWNSHIP PUBLIC SCHOOLS
Additional Information
ListDate: 2024-11-13 00:00:00.0
Possession: 31-60 Days CD
Property Type: COM
Property SubType: Commercial Sale
Year Built: 1988
Status: Active
Tax Year: 2024
Tax Amount: $13,422
Ownership Interest: Fee Simple
Business Type: Convenience Store, Other/General Retail, Other
$ per month Year Fixed. % Interest Rate.
Principal + Interest:
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Monthly Tax:
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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.