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1736-38 Glassboro Rd #a, B,C

Williamstown, NJ 08094
  • $515,000

  • 0

  • 0

  • 9,300


About the Listing GRAU01 - 60013745

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.

Listing Highlights for 1736-38 Glassboro Rd #a, B,C

Status Active
Days on Site 20
Property Type Commercial Sale
MLS # 7193366
Year Built 1966
Square Footage 9,300
Lot/Acreage 1.17
County Gloucester
School District Monroe Twsp

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor: CarpetFlr,HeavyDutyFlr,3000PSIFlr
  • Basement:
  • Other:
  • Water: Well

Exterior Details

  • Lot Description: Level
  • Garage Capacity: N/A
  • Lot Dimensions: 150X337
  • Zoning: COMM
  • Roof: FlatRoof, PitchedRoof, ShingleRoof, Rubber
  • Others: BlockExt,HwyExposure,BldgExpnPoss,EnclosedStor,FncdStrg/Yrd,SignExt,AutoBay,ClearSpan,DisplayWndw,ExhaustSystm,Fencing,FireAlarm,KitchenF
  • Sewer: OnSiteSeptic
  • Above Ground Sq Ft:
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $13,088
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2017

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1736-38 Glassboro Rd #a, B,C Williamstown, NJ 08094

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Listing Courtesy of Peter Sideris, Century 21 Rauh & Johns