400 Magnolia St - Warehouse FOR SALE


Beverly, NJ 08010
$437,500 USD
609-678-5692
400 Magnolia St, Beverly, NJ for Sale
$437,500 USD
Warehouse - FOR SALE
1/19
null | Request Cap Rate

400 Magnolia St
Beverly, NJ 08010


HIGHLIGHTS

  • Main building: 4300+ sq ft. Open Floor Area, High Ceilings, Loading dock 10', Full Basement with easy access to public transportation
  • Garage: 1600+ sq. ft. High Ceilings, Two 10' Garage Doors, Detached From Main Building
  • Wide range of permitted uses under C2 zoning: from Professional to Retail to Microbrewery to Salon...and more

OVERVIEW

We present this rare and highly functional asset designed for maximum stability complimented by incredibly broad zoning opportunities. Property Overview: Positioned in the heart of a community primed for innovation and economic growth, 400 Magnolia Street offers an unparalleled opportunity for business owners, investors, and entrepreneurs. It is located within walking distance to the Rail Line and bus with on-site and street parking. The Main Structure contains 4300+ sq ft. featuring high ceilings and clear span space with a loading dock and full basement. It can serve as a turnkey flex space for a wide range of uses. And the industrial-grade infrastructure makes it equally prepared for modern commerce, inventory management, or light fulfillment. The Second Structure has equally broad use opportunities ranging from a workshop to storage. It is independent of the main building with high ceilings and over 1,600 sq. ft. of floor space with two 10' tall garage doors. Unbeatable Zoning & Financial Strategy: This property is zoned C2 commercial space and includes uses ranging from microbrewery and distillery to professional services, and beyond. This flexible designation gives it a distinct edge in the regional market. Permitted uses within the C2 Zone include Professional Accounting and Tax Preparation, Payroll Company, Advertising Agency, Engineering Office, Architects Office, Veterinarian Office, Medical Office, Restaurant, Distillery, Brewpub, Microbrewery, Caterer and Catering Hall, Hair and Nail Salon, Florist, Photography Studio, Jewelry Store, Music Lessons, Art Gallery, Museum, Exercise and Fitness Spa, Sports and Wellness Center, Movie Theater/Cinema, Dance Studio, Performing Arts Studio, Government building and facility, Educational and related services, Laundromat. * Location & Community Impact: This location offers easy regional access to surrounding economic centers like Delanco, Delran, Willingboro, Edgewater Park, Burlington City, Riverside, Camden, and Philadelphia and is well serviced by public transportation and major arteries through the area including Routes 130, 73, 295, 95 and the NJ Turnpike. Whether you are expanding a regional footprint or launching an innovative destination concept, this property delivers the infrastructure to build long-term *Some uses noted may require permits, licenses or other authorization from the City, County and/or State or Federal agencies.

FOR SALE DETAILS

PRICE

$437,500 USD

PRICE/SF

$73 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Loft/Creative Space, Medical

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1960

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2

LAND SF

8,712

ZONING

C2

APN/PARCEL ID

02-00732-0000-00001-02

ASK ABOUT THIS PROPERTY

Joe McGowanBhhs Fox & Roach-medfordMore Info
609-678-5692

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Joe McGowanBhhs Fox & Roach-medfordMore Info
609-678-5692

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