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301 N White Horse Pike

LAUREL SPRINGS, NJ 08021
  • $427,000
  • STATUS: Active
  • ON SITE: 258 days
  • MLS #: NJCD402820
UPDATED: 21 min ago
$427,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1960
County:

School Ratings & Info

School District:

Description

This building is part of a three-property investment portfolio producing approximately $81,000 in Net Operating Income. but can be purchased individually. The three (3) property investment portfolio consists of two (2) fully occupied, income-producing, mix-use buildings and one (1) parcel of land. Properties included in the sale are 301 N White Horse Pike, 309-313 N White Horse Pike, and 0 Hemlock Ave, respectively. Both buildings offer numerous long-term tenants consisting of Office, Retail, Storage, and Residential tenants. The White Horse Pike (Route 30) Corridor and the surrounding area has seen tremendous growth in recent years due to Economic Opportunity Zone benefits provided to local municipalities. With recent renovations, various capital improvements, new long-term lease(s), and multiple tenants pushing 10+ year tenure, this portfolio boasts strong market positioning and presents a strong investment opportunity.

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©2021 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: 2021-07-29T09:54:52.893.
www.gardenstatehomesearcher.com/homes/111825902
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301 N White Horse Pike LAUREL SPRINGS, NJ 08021

  • Price: $427,000
  • Status: Active
  • Updated: 21 min ago
  • MLS #: NJCD402820
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1960
Built
Neighborhood:
Laurel Springs Boro (20420)
County:
Camden
Area:
Laurel Springs Boro (20420)
School District:
Sterling High
Property Description
This building is part of a three-property investment portfolio producing approximately $81,000 in Net Operating Income. but can be purchased individually. The three (3) property investment portfolio consists of two (2) fully occupied, income-producing, mix-use buildings and one (1) parcel of land. Properties included in the sale are 301 N White Horse Pike, 309-313 N White Horse Pike, and 0 Hemlock Ave, respectively. Both buildings offer numerous long-term tenants consisting of Office, Retail, Storage, and Residential tenants. The White Horse Pike (Route 30) Corridor and the surrounding area has seen tremendous growth in recent years due to Economic Opportunity Zone benefits provided to local municipalities. With recent renovations, various capital improvements, new long-term lease(s), and multiple tenants pushing 10+ year tenure, this portfolio boasts strong market positioning and presents a strong investment opportunity.
Exterior Features

Construction Materials Frame Garage YN No Parking Types Parking LotOn Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 12476.00 Cooling Ceiling Fan(S)Wall Unit Heating Forced Air Heating YN Yes Inclusions 309-313 N White Horse Pike Laurel Springs Nj & 0 Hemlock Ave Laurel Springs Nj Net Square Feet 12476.00

Property Features

Accessibility Features None Annual Gross Expense 34416.00 Assessment Year 2019 Association YN No Business Type RecreationWarehouse Central Air YN No Cooling Fuel Electric Gross Income 68000.00 Heating Fuel Natural Gas Hot Water Electric Lease Considered YN Yes Municipality Laurel Springs Boro Navigable Water YN N Net Operating Income 47000.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 304300971853 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 15608.00 Tax Assessment Amount 297300.00 Tax Lot 00004 Vacation Rental YN No Water Source Public Zoning B-1 Zoning Description Business & Industry

Listing courtesy of Procision Commercial Realty.


©2021 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: 2021-07-29T09:54:52.893.
 
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The Dekanski Home Selling Team :: RE/MAX 1st Advantage
170 Inman Avenue
Colonia NJ, 07067