1736 38 Glassboro Rd A,B,C Williamstown, NJ 08094

$515,000 - For Sale
Commercial, Studio, 0 Bath, 50,965 sf Lot

Attention Investors! This property is a money maker- Currently 11.2% CAP RATE with a potential of 14% once owner occupied unit is leased out! This property consists of 2 fully rented out buildings. Unit 1736 has 2 units, front is 3,400 sq ft and is leased out as a showroom for Irrigation company, rear unit is owner occupied (will be vacant for new owner) and is 2,400 sq ft. Building 1738 is a 3,500 sq ft building tenant occupied for over 12 years as a warehouse supply for the Irrigation company. Properties sit on over an acre of ground with parking in front and side lots for about 15 cars and a grass field in rear for added storage. In 2002 there were major improvements done to the property including: well, septic, 3 separate electric meters, 3 separate baths and 2 kitchenettes for the buildings. Unit 1736 has a 5 year old rubber roof and all the doors were replaced in 2001 including 2 steel roll up doors. Both units are in very good condition. Property has a brand new parking lot and the heat is now converted in one building to gas heat.

For more information, view this virtual tour.
Listing courtesy of:
Peter Sideris
Century 21 Rauh & Johns
MLS# 1001768684
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Home Attributes
Exterior
Lawn; ArchitectureStyle: Other
Other
Parking Type: Special Needs, Paved or Surfaced, Parking Lot, Off Street, Fenced; Roof Types: Unknown; Exterior Types: Block
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Peter Sideris Century 21 Rauh & Johns (856) 582-0366 Source: Listhub ID: 17343902
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