Remarks

Looking for a solid investment to add to your real estate portfolio or a new location for your business?
Check out this very well maintained 5,250 +/- sf, two-unit building sitting on about 1.08 +/- acres with about 230 +/- feet of frontage on Broadway (Route 49). Owner occupies Anthony's Shoes. Current tenant pays $3034.00 per month plus 1/2 of the water/sewer expense. Separate utilities - gas and electric meters for owner's unit and tenant's unit. Property includes block 1501 lots 11 and 12. The property is located in the Commercial zoning district - permitted uses include retail stores, personal service shops, professional business offices, business centers, taverns/restaurants, service/repair/supply shops and more.. Great exposure with daily traffic counts of 16,648 vehicles/day (Route 49 - 2022 count). Convenient location - minutes to NJ Turnpike (exit 1), I-295/Delaware Memorial Bridge, Route 130 and US Route 322/Commodore Barry Bridge.

Details

MLS#: NJSA2010718
Price: $895,000

Year Built: 1986

County: SALEM
Tax Fee: 24540.0