429 Rt-31 - Flex FOR SALE


Washington, NJ 07882
$1,199,000 USD
908-343-0097
429 Rt-31, Washington, NJ for Sale
$1,199,000 USD
Flex - FOR SALE
1/18
null | 4.52% Cap Rate

429 Rt-31
Washington, NJ 07882


HIGHLIGHTS

  • Existing commercial/investment property with future land-value upside
  • Possible redevelopment, expansion, or adaptive reuse opportunity
  • Ideal for owner-user, investor, developer, or land-bank buyer
  • Existing frontage, access, parking, and utility availability
  • Flexible site with multiple potential use concepts, subject to municipal approvals
  • Buyer to perform all zoning, engineering, environmental, and redevelopment due diligence

OVERVIEW

**Commercial Property with Land-Value Upside | Possible Redevelopment Opportunity** This property presents a unique opportunity for an owner-user, investor, or developer seeking both existing real estate value and future redevelopment potential. The site may be suitable for continued use as an improved commercial/investment property, adaptive reuse, expansion, or possible redevelopment, subject to municipal zoning, engineering, environmental review, and all required approvals. With existing improvements, frontage, access, parking, and utility availability, the property offers flexibility for a wide range of potential users. The property may appeal to buyers looking for commercial use, land banking, future repositioning, or redevelopment potential. Buyers are encouraged to conduct their own due diligence regarding permitted uses, zoning, density, site plan requirements, subdivision potential, environmental conditions, utility capacity, and redevelopment feasibility. No redevelopment approvals are represented unless specifically provided in writing.

FOR SALE DETAILS

PRICE

$1,199,000 USD

PRICE/SF

$705 USD /SF

CAP RATE

4.52%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1987

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.08

LAND SF

47,045

ZONING

HC

APN/PARCEL ID

22-00076-0000-00002

ASK ABOUT THIS PROPERTY

Michael Del CioppoTMMD Property Group LLCMore Info
908-343-0097

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Michael Del CioppoTMMD Property Group LLCMore Info
908-343-0097

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