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1315 Harding Highway

RICHLAND, NJ 08350
  • $625,000
  • STATUS: Active
  • ON SITE: 110 Days
  • MLS #: NJAC2006184
Price Reduced
UPDATED: 46 min ago
$625,000
  • 0
    BEDS
  • 0.67
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

Description

CAP RATE OVER 8%!!!Motivated Seller! Great Opportunity! If you are looking for office space for your company this location is Prime. Let the other units pay the insurance, taxes & mortgage. Building has total of 13,600 sq. ft., with 5,000 sq. ft still available in 4 separate units (one on first floor, three on second floor). There are two residential units which are fully rented and have been for years by the same tenants. Additional 3,000 sq. ft. of insulated storage space in the rear is also rented. Owner installed 5 new HVAC units. Unit above the print shop is under redevelopment now. Security cameras installed, 50 car parking lot recently sealed and repainted. Current Cap Rate is 8%, when fully rented, Cap Rate will be over 16%! Current Rent Roll available.

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©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T17:51:17.753.
www.gardenstatehomesearcher.com/homes/134071034
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1315 Harding Highway RICHLAND, NJ 08350

  • Price: $625,000
  • Status: Active
  • On Site: 110 Days
  • Updated: 46 min ago
  • MLS #: NJAC2006184
0
Beds
0
Baths
0
½ Baths
0.67
Acres
1960
Built
Neighborhood:
Buena Vista Twp (20105)
County:
Atlantic
Area:
Buena Vista Twp (20105)
School District:
Buena Regional Schools
Property Description
CAP RATE OVER 8%!!!Motivated Seller! Great Opportunity! If you are looking for office space for your company this location is Prime. Let the other units pay the insurance, taxes & mortgage. Building has total of 13,600 sq. ft., with 5,000 sq. ft still available in 4 separate units (one on first floor, three on second floor). There are two residential units which are fully rented and have been for years by the same tenants. Additional 3,000 sq. ft. of insulated storage space in the rear is also rented. Owner installed 5 new HVAC units. Unit above the print shop is under redevelopment now. Security cameras installed, 50 car parking lot recently sealed and repainted. Current Cap Rate is 8%, when fully rented, Cap Rate will be over 16%! Current Rent Roll available.
Exterior Features

Construction Materials BrickBlockConcreteStucco Garage YN No Location Type Highway Lot Features Additional Lot(S)Backs - Open Common AreaRear Yard Parking Features Lighted ParkingPaved ParkingSecurity/Monitored Parking Types Parking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 13600.00 Cooling Central A/C Flooring CarpetConcreteOther Heating Forced Air Heating YN Yes Net Square Feet 13600.00 Security Features Security SystemSurveillance Sys

Property Features

Acceptable Financing CashConventionalPrivate Accessibility Features Level Entry - Main Assessment Year 2022 Business Type StorageProfessional Central Air YN Yes Cooling Fuel Electric Entry Level 1 Foundation Details BlockConcrete Perimeter Heating Fuel Natural Gas Hot Water Natural Gas Municipality Buena Vista Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801957585430 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer On Site Septic Tax Annual Amount 19602.00 Tax Assessment Amount 671100.00 Tax Lot 00009 Utilities Natural Gas AvailablePhonePhone AvailableMultiple Phone Lines Vacation Rental YN No Water Source Public Zoning Mixed

Listing courtesy of Collini Real Estate Llc: .


©2023 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dekanski Home Selling Team :: RE/MAX 1st Advantage. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2023-02-06T17:51:17.753.
 
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The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067