Kathy Santy - Coldwell Banker Hearthside
411 Southgate Ct
MICKLETON, NJ 08056

Description

Commercial Opportunity! Looking for an investment or do you have a business that needs space to operate? The options are there at this property depending upon what your needs are. This is a 12,000 Square Foot Building that includes some Office Space and Warehouse Space. It is currently set up as follows: 6,000 Square Feet is rented to a Martial Arts Academy. They occupy one entire side of the building with 1500 Square Feet as the front Entrance and Office Space. The additional 4500 Square Feet is used to run the classes in the back and includes 2 separate bathrooms. The other 6,000 Square Feet is set up as 1500 Square Feet of Office Space and is currently leased by the owner's business if you need the income. It is only on a Month to Month Lease so this space would allow you the ability to take over if you are looking for space to run your own business. The remaining 4500 Square Feet is currently leased as three separate 1500 Square Foot Warehouse Storage Spaces. Each of these 4 spaces has its own separate bathroom. From strictly an investment standpoint the property is currently generating an Annual Gross Income of $61,200. The Location is Excellent just a short distance from Rt. 295 and not far from area bridges and other major roadways.

Details

MLS#1009971316
StyleIndustrial
Sub-TypeResale
StatusActive
Year1990
Days On Site51

Features

SQ Feet12,000
Story(s)0
ZoningCOMM

Market Activity 08056

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Area Information

StateNJ
CityMICKLETON
Zip Code08056
AreaEast Greenwich Twp (20803)
Listing VS Median (in 08056)
Price:
$649,900
low | high
Med:
$372,450
92.691183258963% of Average
SqFt:
12,000
low | high
Med:
3,122
100% of Average
$ / SqFt:
$54
low | high
Med:
$119
70.567155026352% of Average
On Site:
51
low | high
Med:
34.5
100% of Average
Listing Updated: 12/10/2018
MLS Number: 1009971316
Listing Provided By:
Edward English  of  Weichert Realtors-Mullica Hill

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