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309-313 N White Horse Pike

LAUREL SPRINGS, NJ 08021
  • $299,900
  • STATUS: Active
  • ON SITE: 253 days
  • ID#: NJCD402822
UPDATED: 89 min ago
$299,900
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1950
County:

School Ratings & Info

School District:

Description

This building is part of a three-property investment portfolio producing approximately $81,000 in Net Operating Income. but can be purchased individually. The three (3) property investment portfolio consists of two (2) fully occupied, income-producing, mix-use buildings and one (1) parcel of land. Properties included in the sale are 301 N White Horse Pike, 309-313 N White Horse Pike, and 0 Hemlock Ave, respectively. Both buildings offer numerous long-term tenants consisting of Office, Retail, Storage, and Residential tenants. The White Horse Pike (Route 30) Corridor and the surrounding area has seen tremendous growth in recent years due to Economic Opportunity Zone benefits provided to local municipalities. With recent renovations, various capital improvements, new long-term lease(s), and multiple tenants pushing 10+ year tenure, this portfolio boasts strong market positioning and presents a strong investment opportunity.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate of Central PA. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-24T23:53:08.613.
www.homesalesinyourarea.com/homes/111858215
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309-313 N White Horse Pike LAUREL SPRINGS, NJ 08021

  • Price: $299,900
  • Status: Active
  • Updated: 89 min ago
  • ID#: NJCD402822
0
Beds
0
Baths
0
½ Baths
0.33
Acres
1950
Built
Neighborhood:
Laurel Springs Boro (20420)
County:
Camden
Area:
Laurel Springs Boro (20420)
School District:
Sterling High
Property Description
This building is part of a three-property investment portfolio producing approximately $81,000 in Net Operating Income. but can be purchased individually. The three (3) property investment portfolio consists of two (2) fully occupied, income-producing, mix-use buildings and one (1) parcel of land. Properties included in the sale are 301 N White Horse Pike, 309-313 N White Horse Pike, and 0 Hemlock Ave, respectively. Both buildings offer numerous long-term tenants consisting of Office, Retail, Storage, and Residential tenants. The White Horse Pike (Route 30) Corridor and the surrounding area has seen tremendous growth in recent years due to Economic Opportunity Zone benefits provided to local municipalities. With recent renovations, various capital improvements, new long-term lease(s), and multiple tenants pushing 10+ year tenure, this portfolio boasts strong market positioning and presents a strong investment opportunity.
Exterior Features

Construction Materials Frame Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3720.00 Cooling Ceiling Fan(S)Window Unit(S) Heating Forced Air Heating YN Yes Inclusions 301 N White Horse Pike Laurel Springs Nj 08021 & 0 Hemlock Ave Laurel Springs Nj 08021 Net Square Feet 3720.00

Property Features

Accessibility Features None Annual Gross Expense 34416.00 Assessment Year 2019 Association YN No Business Type Apartment BuildingOther/General RetailProfessionalStorage Central Air YN No Cooling Fuel Natural Gas Gross Income 47400.00 Heating Fuel Natural Gas Hot Water Electric Incorporated City Name Laurel Springs Boro Lease Considered YN No Navigable Water YN N Net Operating Income 33000.00 New Construction YN No Number Of Units Total 0 Original MLSNumber 304300976181 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 9608.00 Tax Assessment Amount 183000.00 Tax Lot 00002 01 Vacation Rental YN No Water Source Public Zoning B-1 Zoning Description Business & Industry

Listing courtesy of Procision Commercial Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Iron Valley Real Estate of Central PA. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-07-24T23:53:08.613.
 
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Iron Valley Real Estate of Central PA
4785 Linglestown Rd #101
Harrisburg PA, 17112