110 Cushman Ave - Showroom FOR SALE
West Berlin, NJ 08091 |
110 Cushman Ave
West Berlin, NJ 08091
HIGHLIGHTS
- Attractive and secure investment opportunity: priced below replacement cost with a cap rate of 7.85%
- Building can be easily subdivided into additional units, offering longterm flexibility and value-add potential
- The building's largest tenant, Kepple's Carpet, occupies just over 60% of the building, has been operating out of this location for 20 years
- Recent upgrades: the property features a new roof installed in 2022; tenants are responsible for all operating expenses except for roof & structure
- Strategic location: located near highway 73, the property benefits from high visibility and accessibility
- Dynamic zoning: situated on a +/- 2-acre lot and zoned C-3 (highway commercial 3), this property supports a range of commercial activities
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
3 Tenant Small Bay Flex Warehouse
PROPERTY TYPE
Industrial
PROPERTY SUBTYPE
Showroom
ADD'L SUBTYPES
Distribution, Warehouse
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1972
UTILITIES
-
CLEAR CEILING HT
18 Ft
DOCKS
-
DRIVE INS
1
PARKING SPACES
25
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
06-01502-0000-00001-01
