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1736-38 Glassboro Rd #a,b,c, WILLIAMSTOWN, NJ – $499,000

  • $499k Price
  • 9,300 Sqft
  • 1.17 Acres
  • 57 DOM
  • $499k Price
  • 9,300 Sqft
  • 1.17 Acres
  • 57 DOM

1736-38 Glassboro Rd #a,b,c

Attention Investors! This property is a money maker- Currently 11.2% CAP RATE with a potential of 14% once owner occupied unit is leased out! This property consists of 2 fully rented out buildings. Unit 1736 has 2 units, front is 3,400 sq ft and is leased out as a showroom for Irrigation company, rear unit is owner occupied (will be vacant for new owner) and is 2,400 sq ft. Building 1738 is a 3,500 sq ft building tenant occupied for over 12 years as a warehouse supply for the Irrigation company. Properties sit on over an acre of ground with parking in front and side lots for about 15 cars and a grass field in rear for added storage. In 2002 there were major improvements done to the property including: well, septic, 3 separate electric meters, 3 separate baths and 2 kitchenettes for the buildings. Unit 1736 has a 5 year old rubber roof and all the doors were replaced in 2001 including 2 steel roll up doors. Both units are in very good condition. Property has a brand new parking lot and the heat is now converted in one building to gas heat.

Essential Information

  • MLS® #NJGL245542
  • Price$499,000
  • Bathrooms0.00
  • Square Footage9,300
  • Acres1.17
  • Year Built1956
  • TypeCommercial Sale
  • Sub-TypeRetail
  • StyleOther
  • StatusActive

Community Information

  • Address1736-38 Glassboro Rd #a,b,c
  • AreaMonroe Twp (20811)
  • SubdivisionNONE AVAILABLE
  • CityWILLIAMSTOWN
  • CountyGLOUCESTER-NJ
  • StateNJ
  • Zip Code08094

Amenities

Utilities

Water Available, Sewer Available, Butane, Electric Available, Phone, Cable TV Available

Parking

Fenced, Private, Handicap Parking, Lighted Parking, Asphalt Driveway, Paved Driveway, Gen Comm Elem

Interior

  • HeatingForced Air
  • CoolingCentral A/C, Window Unit(s)

Exterior

  • ExteriorBlock
  • RoofFlat, Pitched, Shingle, Rubber
  • FoundationSlab

Lot Description

Bcks-Opn Comm, Backs to Trees, Front Yard, Level, Open, Rear Yard

School Information

  • DistrictMONROE TOWNSHIP

Additional Information

  • Date ListedJuly 29th, 2019
  • Days on Market57
  • ZoningHC

Listing Details

  • Listing AgentPeter Sideris
  • Listing OfficeCentury 21 Rauh & Johns
  • Listing Office Phone8565820366
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The information being provided by the Central Penn Multi-List, Inc is exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS.