48 E Harmony St - Self-Storage Facilities FOR SALE


Penns Grove, NJ 08069
$805,000 USD
856-207-3085
48 E Harmony St, Penns Grove, NJ for Sale
$805,000 USD
Self-Storage Facilities - FOR SALE
1/4
null | Request Cap Rate

48 E Harmony St
Penns Grove, NJ 08069


HIGHLIGHTS

  • Corner lot configuration with strong visibility and access.
  • COS zoning supports diverse commercial uses, including cannabis.
  • Existing 77-unit storage facility with expansion potential to 100 units.
  • Includes adjacent single-family home for rehab or redevelopment.
  • Recent roof upgrade with Gen Flex EPDM system installed in 2020.

OVERVIEW

48 E Harmony St offers a unique investment opportunity with a versatile operating indoor storage facility and additional development potential. This property spans approximately 15,000 square feet on a combined .7739-acre corner lot, featuring a 77-unit indoor storage facility that can be expanded to 100 units through partitioning. Located in a COS (Commercial/Office/Service) Zone, the site opens doors for multiple uses, including cannabis operations with proper licensing. The asset includes two lots: a large steel storage building and an adjacent single-family home in need of rehab, adding value for redevelopment or ancillary income. Recent capital improvements include a tear-off and installation of a new Gen Flex EPDM flat roof with drains in 2020, ensuring long-term durability. Positioned in a strategic location, this property offers excellent visibility and accessibility for commercial users.

FOR SALE DETAILS

PRICE

$805,000 USD

PRICE/SF

$54 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

COS

APN/PARCEL ID

08-00043-0000-00011

ASK ABOUT THIS PROPERTY

Brian SavareseAmerican Dream Realty of South JerseyMore Info
856-207-3085

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Brian SavareseAmerican Dream Realty of South JerseyMore Info
856-207-3085

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