856-287-1818
124 W Merchant St, Audubon, NJ for Sale
Medical - FOR SALE
1/5
null | Request Cap Rate

124 W Merchant St
Audubon, NJ 08106


HIGHLIGHTS

  • Hybrid investment opportunity - a property that provides stable income along with the ability to occupy 1,800 sf on W Merchant Street in Audubon, NJ
  • Two long-term tenants (dental practice and beauty salon) that provide stable income with upside potential or opportunity to owner/occupy
  • New owner has right to terminate beauty salon post sale and either occupy or re-lease to different user
  • Call or email for additional information

OVERVIEW

This investment property provides a unique opportunity for a hybrid investment/user. The property is improved with a single, detached commercial building of approximately 3,529 square feet on a 0.1148-acre corner parcel. The building contain two commercial units, including a dental practice and a general retail unit currently utilized as a beauty salon. The dental practice has a lease in place that provides for a stable, market rent. The second lease is below market but contains an early termination provision in favor of the Landlord that provides the opportunity to free up the space and either re-lease or owner-occupy their 1,800 square foot space.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1933

SPRINKLERS

-

PARKING SPACES

2

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,792 SF

ZONING

B-1 Business District

APN/PARCEL ID

01-00067-0000-00001

ASK ABOUT THIS PROPERTY

Samuel KatesGK Commercial Realty Group, Inc.More Info
856-287-1818

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Samuel KatesGK Commercial Realty Group, Inc.More Info
856-287-1818

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.