43 Charleston Road

    WILLINGBORO, NJ 08046
    • $699,000
    • STATUS: Active
    • ON SITE: 68 days
    • ID#: NJBL245974
    UPDATED: 49 min ago
    $699,000
    • 0
      BEDS
    • 0.64
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1965
    County:

    School Ratings & Info

    Description

    Owner / Operator / Investor - 7.7% ROI / $54 Sf / $699,000* - Commercial Real Estate Opportunity - Willingboro, NJ 08046 ATTENTION Owners / Operators / Investors - Commercial Property Opportunity is available for sale. This Property has a consistent history of producing income and generates nearly ($10,000/month) with a historical 87% Occupancy Rate. Property is centrally located in a desirable commercial area with strong demographics and a population in excess of 178,000 within a 5-mile radius. The Property's (3) buildings contain nearly 13,000 Sf of space. Approximately 10,000 Sf is leasable / rentable space over a mix of commercial / retail / apartments of (9) units ranging in size from 240 Sf to 2,200 Sf. As currently configured, (2) of the larger units (2,200 Sf and 1,500 Sf) were used for a Bicycle Business that was in continuously operation at this location for over (50) years. These units were completely renovated before being recently leased. The Property is located on Willingboro Tax Map as Block 1, Lot 7. The lot contains 27,700 Sf (approx.) and is zoned B-1 / Commercial - (minimum lot size 42,000 Sf required for commercial properties). The Property is minutes from I-295, NJ Turnpike, Route 130 and Burlington Bristol Bridge. It has direct access to Major Highways, shore areas, restaurants, retailers and businesses and easy access to Philadelphia International Airport and Center City. The property is being sold As Is, but is in Average + condition. The owners have invested significantly into the Property over the past years, as you can see in the included photos. * Based on Historic Occupancy Rate and Actual Expenses - Purchase Price @ $699,000

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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: 2019-03-20T15:08:12.77.
    www.yourchestercountyhomesearch.com/homes/90764025

    43 Charleston Road WILLINGBORO, NJ 08046

    • Price: $699,000
    • Status: Active
    • Updated: 49 min ago
    • ID#: NJBL245974
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.64
    Acres
    1965
    Built
    Neighborhood:
    Willingboro Twp (20338)
    County:
    Burlington
    Area:
    Willingboro Twp (20338)
    School District:
    Willingboro Township Public Schools
    Property Description
    Owner / Operator / Investor - 7.7% ROI / $54 Sf / $699,000* - Commercial Real Estate Opportunity - Willingboro, NJ 08046 ATTENTION Owners / Operators / Investors - Commercial Property Opportunity is available for sale. This Property has a consistent history of producing income and generates nearly ($10,000/month) with a historical 87% Occupancy Rate. Property is centrally located in a desirable commercial area with strong demographics and a population in excess of 178,000 within a 5-mile radius. The Property's (3) buildings contain nearly 13,000 Sf of space. Approximately 10,000 Sf is leasable / rentable space over a mix of commercial / retail / apartments of (9) units ranging in size from 240 Sf to 2,200 Sf. As currently configured, (2) of the larger units (2,200 Sf and 1,500 Sf) were used for a Bicycle Business that was in continuously operation at this location for over (50) years. These units were completely renovated before being recently leased. The Property is located on Willingboro Tax Map as Block 1, Lot 7. The lot contains 27,700 Sf (approx.) and is zoned B-1 / Commercial - (minimum lot size 42,000 Sf required for commercial properties). The Property is minutes from I-295, NJ Turnpike, Route 130 and Burlington Bristol Bridge. It has direct access to Major Highways, shore areas, restaurants, retailers and businesses and easy access to Philadelphia International Airport and Center City. The property is being sold As Is, but is in Average + condition. The owners have invested significantly into the Property over the past years, as you can see in the included photos. * Based on Historic Occupancy Rate and Actual Expenses - Purchase Price @ $699,000
    Exterior Features

    Construction Materials Aluminum SidingAsphaltBatts InsulationFrameStick Built Direction Faces South Fencing Chain LinkRearPartially Garage YN No Lot Features Level Other Structures Above GradeBelow Grade Parking Features Asphalt DrivewayHandicap ParkingLighted Parking Parking Types Parking Lot Property Condition As-Is ConditionAverage+Shows WellTurn Key Riparian Rights YN No Road Responsibility City/CountyBoro/Township Road Surface Type Access - On GradeBlack TopPaved Roof AsphaltShingle View Other Water Access YN No Water Oriented YN No Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Building Area Total 13000.00 Cooling Central A/CHeat Pump(S) Fireplaces Total 0 Flooring Ceramic TileCarpetLaminatedPartially CarpetedTile/BrickVinylWood Heating 90% Forced AirElectricHeat Pump - Electric BackupHeat Pump - Gas Backup Heating YN Yes Inclusions All Net Square Feet 13000.00 Security Features Carbon Monoxide Detector(S)Electric AlarmExterior CamerasSecurity SystemSmoke DetectorSurveillance SysWindow Grills

    Property Features

    Acceptable Financing CashConventional Accessibility Features 2+ Access Exits32"+ Wide Doors36"+ Wide HallsDoors - Swing InGrab Bars ModLow Pile CarpetingRamp - Main Level Association YN No Business Type Apartment BuildingBarber/BeautyCommercialConvenience StoreDistributionInvestmentFood & BeverageMedicalProfessional/OfficeProfessional ServiceRetailRestaurantSpecial Purpose Central Air YN Yes Cooling Fuel Electric Electric Circuit Breakers200+ Amp Service Foundation Details BlockSlab Gross Income 60000.00 Heating Fuel ElectricNatural Gas Historic YN No Hot Water Electric Incorporated City Name Willingboro Insurance Expense 4400.00 Maintenance Expense 20000.00 Navigable Water YN N New Construction YN No Number Of Units Total 9 Operating Expense 53823.00 Operating Expense Includes AdvertisingCable TvInsuranceTrashSnow Removal Original MLSNumber 301290517269 Owner Pays Accounting/LegalAdvertising/Licenses And PermitsHeater Maintenance ContractInsuranceLawn/Shrub CarePest ControlRepairsSewerSnow RemovalSuppliesTaxes - Real EstateTrash CollectionWater Ownership Interest Fee Simple Possession Settlement Property Sub Type Five Or More Units Sale Type Standard Sewer Public SewerSewer Tap Fee Tax Annual Amount 18034.0 Tax Assessment Amount 462300.0 Tax Lot 00007 Utilities Cable Tv AvailableElectric AvailableMultiple Phone LinesPhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source CommunityTap Fee Year Built Effective 2018 Zoning Class 4A

    Listing courtesy of Realmart Realty.
    ©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: 2019-03-20T15:08:12.77.
     
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