25 State St - Auto Repair FOR SALE


Glassboro, NJ 08028
$850,000 USD
856-924-9444
25 State St, Glassboro, NJ for Sale
$850,000 USD
Auto Repair - FOR SALE
1/9
null | Request Cap Rate

25 State St
Glassboro, NJ 08028


HIGHLIGHTS

  • Detached two-story residential home with four bedrooms and two full bathrooms, currently tenant-occupied for immediate income.
  • Two detached auto repair garages, each 30’ x 30’, featuring four oversized drive-in doors and an included vehicle lift for operational efficiency.
  • Additional 24’ x 24’ storage shed positioned between garages, providing convenient extra storage capacity.
  • Multiple income streams with leased garages and residential tenancy, offering strong investment potential.
  • High-visibility location along Delsea Drive within walking distance to Downtown Glassboro and Rowan University, ensuring excellent exposure.
  • Extensive parking options including on-street, dedicated lot, fenced parking, handicap-accessible spaces, and private off-street parking.

OVERVIEW

This unique commercial property features a detached two-story residential home and multiple income-producing structures. The residence is currently tenant-occupied, and the garages are also leased. Please do not approach the property without a confirmed appointment. The site presents an excellent opportunity to continue its current automotive use or to reposition the property for an alternative commercial or mixed-use purpose. Visible from Delsea Drive, the property is within walking distance of Downtown Glassboro and Rowan University, offering strong exposure and accessibility. Located on a well-maintained block, the property provides extensive parking options, including on-street parking, a dedicated parking lot, fenced parking, handicap-accessible parking, and private off-street spaces. Included is two detached auto repair garages, each measuring 30’ x 30’, with four oversized drive-in doors (2) 16’ x 8’ and (2) 16’ x 11’, and a 24’ x 24’ storage shed is positioned between the garages, providing additional storage, and a vehicle lift is included with the shop. The property also includes a detached single-family residence offering four bedrooms, two full bathrooms, and approximately 2,184 square feet of living space. With limited inventory and strong demand in this market, this property represents a compelling opportunity for investors, owner-users, or developers seeking a prime location to operate, expand, or redevelop a successful business.

FOR SALE DETAILS

PRICE

$850,000 USD

PRICE/SF

$389 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,220 SF

ZONING

C4

APN/PARCEL ID

06-00029-0000-00033,06-00029-0000-00033-01

ASK ABOUT THIS PROPERTY

Nicholas RaioPenzone RealtyMore Info
856-924-9444

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Nicholas RaioPenzone RealtyMore Info
856-924-9444

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