3175 +/- SF Two Unit Mixed Use Building in Historic Woodstown

MOTIVATED SELLER

Price: $280,000.00

Fully rented with long term tenants on a corner lot with paved off-street parking area.


Fully rented two unit mixed-use building with long term tenants on a corner lot with a paved off-street parking area. LC (limited commercial) zoning district, new gas heater (installed 2017), underground lawn sprinklers and well maintained units make this a money in the bank investment. This 3175 /- sf 2 1/2 story offers dramatic high ceilings, original woodwork, and hardware on the first floor office space and a large second floor apartment. Good exposure on Route 40, walking distance to downtown shopping and close proximity to area bridges, I-295 and the NJ Turnpike. A Smart Investment – current gross income – $40,380 per year and a 9.7% CAP rate make this a good as gold long term investment in your future.

Gallery: 63 East Avenue

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Route 40 West into Woodstown, PIQ on (R) – Corner of East Avenue & East Grant Street

Contact: Richard Warner

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