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2801 Burlington AVE Delanco, NJ 08075
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Key Details
Sold Price $227,000
Property Type Commercial
Sub Type Commercial
Listing Status Sold
Purchase Type For Sale
Square Footage 6,785 sqft
Price per Sqft $33
MLS Listing ID 2303423R
Sold Date 03/23/23
Half Baths 1
Originating Board CJMLS API
Year Built 1935
Annual Tax Amount $5,046
Tax Year 2021
Lot Size 6,699 Sqft
Acres 0.1538
Lot Dimensions 100.00 x 67.00
Property Sub-Type Commercial
Property Description
Opportunity is knocking! Well maintained Commercial Zoned Corner property measures 6785 sq ft & sits on bustling Burlington Ave, known as River Rd, sure to see your business thrive with high visibility! Located on this prime lot are 2 separate mix-use buildings - the front 1200 sq ft building is currently under a 5 yr renewable lease & is a well established motorcycle Service Facility. This building boasts a convenient 1/2 Bath, public water, compressed air, 230V & 115V outlets, Forced Gas Heat + Central Air. Power garage door, finished insulated ceiling & attached to the front building is a compressor/utility room containing two industrial compressors - a 5-hp vertical and a 10-hp horizontal. The rear 550-square-foot building is currently owner occupied/ planned to be turned over to the tenant for motorcycle business expansion. This building also boasts compressed air, 230V and 115V outlets, Forced Gas Heat, Central Air, insulated and finished ceiling, along with a 10,000-pound auto lift, likely to remain post-transition. New roof installed in 2008 + siding upgrades, replacement of all doors + windows. Lockable fenced-in area has been previously approved as having parking for up to 7+ vehicles, currently has 2 non-permanent Carports. 2 vehicle entry gates, door access and 1 walk-through gate accesses this fenced-in area. Covered storage area currently being used for material and parts storage attached to the rear of the front building. Don't miss out on this opportunity of a lifetime!! 2021 - 2021 Expense Report in MLS Attachments * Current Cap Rate 10.1%
Location
State NJ
County Burlington
Community Extra Storage
Zoning R1C
Interior
Interior Features See Remarks, Storage, Lifts
Heating Forced Air
Cooling Central Air
Flooring Concrete, See Remarks
Heat Source Natural Gas
Exterior
Community Features Extra Storage
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Asphalt
Total Parking Spaces 4
Building
Lot Description Near Public Transit, Commercial Area, Corner Lot
Story 1
Sewer Public Sewer
Water Public
Others
Senior Community no
Tax ID 0900401000000001
Energy Description Natural Gas
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