212 Gateway Blvd - Office/Residential FOR SALE


Westville, NJ 08093
$650,000 USD
609-822-4200
212 Gateway Blvd, Westville, NJ for Sale
$650,000 USD
Office/Residential - FOR SALE
1/20
null | 7.1% Cap Rate

212 Gateway Blvd
Westville, NJ 08093


HIGHLIGHTS

  • Large Parking Lot
  • Heavy Traffic
  • Great location- close to Philly & Delaware

OVERVIEW

Attention Investors and Business Owners!!! Don’t miss out on this incredible opportunity in Westville, NJ. This mixed-use property offers a fantastic chance to offset your mortgage with passive income while also providing versatile business space (3,200+/- sq. ft of office space). The property features three fully rented residential units, each with great tenants, providing immediate rental income. $50,000 annual gross income from the apartments alone. Use the downstairs for personal business use or rent it out! This property offers excellent access to key highways like Routes 130, 295, 76, 676, and 42, along with quick connections to the Walt Whitman, Ben Franklin, and Commodore Barry Bridges. It is conveniently located just 10 miles from Philadelphia and around 30 miles from Wilmington, DE, this location offers easy access to both major cities. The commercial space offers flexibility, with the current owner willing to lease back a portion of the commercial space, or the new owner can take full advantage of the entire space for their own business needs. With a potential cap rate of over 12%, this property presents a great investment opportunity. This is a rare opportunity that you won’t want to miss—schedule your showing today! Includes commercial space and 3 apartment units!

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$203 USD /SF

CAP RATE

7.1%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1929

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

M1

APN/PARCEL ID

21-00024-0000-00004

ASK ABOUT THIS PROPERTY

Devon FerrettiBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
609-822-4200

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Devon FerrettiBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
609-822-4200

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