4040 Route 42 - Retail FOR SALE


Blackwood, NJ 08012
$599,890 USD
4040 Route 42, Blackwood, NJ for Sale
$599,890 USD
Retail - FOR SALE
1/1
null | Request Cap Rate

4040 Route 42
Blackwood, NJ 08012


OVERVIEW

One of the most well known landmarks in Washington Twp is up for sale, ITI Computers! Here's the catch. what most people don't know about this property, is that it consists of 2 lots totaling 1.74 acres, with 200FT OF FRONTAGE right next to a proposed major commercial development area. So buckle up, because the possibilities for this property are endless. The current building is a block constructed 2,006 sqft rancher with a full lower level and 2 standard pull up garage doors. The property has been used as a thriving retail business for 35 years, with the main level achieving an open layout with a front showroom area (33'x37'), a large back office area (33'x17'), and a half bathroom. The lower level is sectioned off into various storage areas (16'x14', 10'x6', 11'x6') a 19x12 kitchen, and a full bathroom. With 200ft of frontage directly across from Watson Dr and right next to a proposed major commercial development site, this property will do nothing more than grow in value. Use it as it, or contact an engineer to see what possibilities you could unlock. Either way, don't miss out on this incredible opportunity!

FOR SALE DETAILS

PRICE

$599,890 USD

PRICE/SF

$277 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.18 AC

LAND SF

51,401 SF

ZONING

HC

APN/PARCEL ID

18-00112-01-00012-02

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