5415 King Avenue

    PENNSAUKEN, NJ 08109
    • $349,900
    • STATUS: Active
    • ON SITE: 20 days
    • MLS #: NJCD379920
    UPDATED: 72 min ago
    $349,900
    • 2
      BEDS
    • 0.14
      ACRES
    • 2
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Single-Family Home
    County:

    School Ratings & Info

    Description

    Keller Williams Realty is pleased to offer a very strategic commercial mixed use property. Could be owner occupied...subsidize your mortgage, or move in your business and reside upstairs. Many options. A very strategic positioned building ~, almost on the border of Cherry Hill township. Direct visibility from Route 38 West, that is on King Ave...with parking for 10 vehicles. The main floor comprises of an estimated 1280 Square Feet, which can be subdivided into two independent offices, or, has the flexibility to be one complete open office suite. The zoning is such that it's very suitable for accountants, attorneys, insurance agencies, engineers, investment advisors, management consultants, small retail, call operations, or even Intelligent Offices. It is estimated that the going commercial lease rate could be $1400 to $1600 per month, depending upon whether there's a triple net, or double net or variable lease set up. Presently the rental income minus the office suites is $19,200. With the office suites rented, could be $38,400+. The building has two residential apartment units which are fully rented upstairs, and, are completely independently metered. They have their own separate entry ways, gas & electric utilities, public water & sewer. The current income is for each unit is bringing in $800.00 per month. The potential is much higher and this is without the first floor office suites being leased at the moment. The building provides an excellent opportunity for an owner occupied business/professional person. Both leases upstairs expire next year. It most certainly is a Prime location situated right before a signalized corner intersection...in a very heavily commercial & residential area. Many new commercial developments, located on a very heavily traffic highway, strip shopping centers, and adjacent to a residential community. It's in close proximity to high end shopping and dining establishments...simply minutes away. Nearby national franchises and businesses include WAWA, Benihana, Steak 38, Starbucks, Burger King, McDonalds, Walmart, and many more. Most important is the fact that the owner had upgraded the total building. It's in excellent condition, conforms to all municipal code requirements. The inside has been extremely maintained, and, is most certainly a turnkey facility. It's strategic in every sense of the word~..location, easily accessible, a short distance to the Center Philadelphia, and, surrounding amenities such as the Cherry Hill & Moorestown Malls, business districts, restaurants. It's in close proximity to NJ Interstates 295, and PA 95, and, NJ Turnpike. It's also about an hours+ drive to many shore points,... in addition to easy access to Routes 38, 70, & 73. You are literally minutes from the Ben Franklin and Walt Whitman, Betsy Ross, Tacony Palmyra bridges...and, easily accessible to the Commodore Barry and Burlington Bristol and NJ Turnpike Bridges. This property offers a wide range of opportunities to end-users. The location enjoys easy proximity the city, and many other amenities. It is strategically located in the tri-state area, and,.... is accessible by I-76/I-95/I-295/I-476/I-676, Rt. 42, & 41. The immediate area services many of the local industrial parks, & office complexes. Ideal market positioning with excellent visibility. Guaranteed income. Price right to sell. This has been reduced significantly...from the previous listing.

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    ©2019 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. 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: 2019-11-16T18:52:14.597.
    www.gardenstatehomesearcher.com/homes/100315576

    5415 King Avenue PENNSAUKEN, NJ 08109

    • Price: $349,900
    • Status: Active
    • Updated: 72 min ago
    • MLS #: NJCD379920
    2
    Beds
    2
    Baths
    2
    ½ Baths
    0.14
    Acres
    Neighborhood:
    None Available
    County:
    Camden
    Area:
    Pennsauken Twp (20427)
    School District:
    Pennsauken Township Public Schools
    Property Description
    Keller Williams Realty is pleased to offer a very strategic commercial mixed use property. Could be owner occupied...subsidize your mortgage, or move in your business and reside upstairs. Many options. A very strategic positioned building ~, almost on the border of Cherry Hill township. Direct visibility from Route 38 West, that is on King Ave...with parking for 10 vehicles. The main floor comprises of an estimated 1280 Square Feet, which can be subdivided into two independent offices, or, has the flexibility to be one complete open office suite. The zoning is such that it's very suitable for accountants, attorneys, insurance agencies, engineers, investment advisors, management consultants, small retail, call operations, or even Intelligent Offices. It is estimated that the going commercial lease rate could be $1400 to $1600 per month, depending upon whether there's a triple net, or double net or variable lease set up. Presently the rental income minus the office suites is $19,200. With the office suites rented, could be $38,400+. The building has two residential apartment units which are fully rented upstairs, and, are completely independently metered. They have their own separate entry ways, gas & electric utilities, public water & sewer. The current income is for each unit is bringing in $800.00 per month. The potential is much higher and this is without the first floor office suites being leased at the moment. The building provides an excellent opportunity for an owner occupied business/professional person. Both leases upstairs expire next year. It most certainly is a Prime location situated right before a signalized corner intersection...in a very heavily commercial & residential area. Many new commercial developments, located on a very heavily traffic highway, strip shopping centers, and adjacent to a residential community. It's in close proximity to high end shopping and dining establishments...simply minutes away. Nearby national franchises and businesses include WAWA, Benihana, Steak 38, Starbucks, Burger King, McDonalds, Walmart, and many more. Most important is the fact that the owner had upgraded the total building. It's in excellent condition, conforms to all municipal code requirements. The inside has been extremely maintained, and, is most certainly a turnkey facility. It's strategic in every sense of the word~..location, easily accessible, a short distance to the Center Philadelphia, and, surrounding amenities such as the Cherry Hill & Moorestown Malls, business districts, restaurants. It's in close proximity to NJ Interstates 295, and PA 95, and, NJ Turnpike. It's also about an hours+ drive to many shore points,... in addition to easy access to Routes 38, 70, & 73. You are literally minutes from the Ben Franklin and Walt Whitman, Betsy Ross, Tacony Palmyra bridges...and, easily accessible to the Commodore Barry and Burlington Bristol and NJ Turnpike Bridges. This property offers a wide range of opportunities to end-users. The location enjoys easy proximity the city, and many other amenities. It is strategically located in the tri-state area, and,.... is accessible by I-76/I-95/I-295/I-476/I-676, Rt. 42, & 41. The immediate area services many of the local industrial parks, & office complexes. Ideal market positioning with excellent visibility. Guaranteed income. Price right to sell. This has been reduced significantly...from the previous listing.
    Exterior Features

    Architectural Style Other Construction Materials Block Fencing Fully Garage YN No Location Type Middle Of Block Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayFencedHandicap ParkingPaved DrivewayPaved ParkingPrivate Parking Types Off StreetParking Lot Pool No Pool Riparian Rights YN No Roof Shingle Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Basement YN No Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Central A/C Fireplace YN No Fireplaces Total 0 Furnished No Heating Central Heating YN Yes Levels 2 Main Level Bedrooms 0 Room List KitchenBedroom 1OfficeUtility RoomBathroom 1Half Bath Upper Level1 Bedrooms 2

    Property Features

    Acceptable Financing CashConventionalNegotiableSeller Financing Accessibility Features 36"+ Wide Halls Assessment Year 2018 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Cross Street Mansion Blvd Heating Fuel Natural Gas Historic YN No Incorporated City Name Pennsauken Twp Navigable Water YN N New Construction YN No Original MLSNumber 302136376486 Ownership Interest Fee Simple Possession 0-30 Days Cd120-180 Days31-60 Days Cd61-90 Days Cd90-120 Days CdNegotiable Sale Type Standard Senior Community YN No Sewer Public Sewer Structure Design Type Detached Tax Annual Amount 8693.0 Tax Assessment Amount 240800.0 Tax Lot 00004 Total Actual Rent 19200.00 Vacation Rental YN No Water Source Public Zoning Mixed Use

    Listing courtesy of Keller Williams Realty - Marlton.
    ©2019 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. 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: 2019-11-16T18:52:14.597.
     
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    Colonia NJ, 07067