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217 W Washington Ave 10,227 SF 100% Leased Retail Building Washington, NJ 07882 $2,600,000 ($254.23/SF)
INVESTMENT HIGHLIGHTS
- High Traffic and Visibility Location
- 100% Occupied
- Well Maintained w/ New Roof in 2024
- Ample Parking Space/Lot
EXECUTIVE SUMMARY
Exceptional 8 Unit Neighborhood Retail Strip Center located on Route 57 with long term tenants and stable income. Property features include high visibility and walkable location, central air and gas heat, parking lot for 36 vehicles, new roof in 2024, separate electric meters for each suite, 2 points of ingress and just blocks away from downtown Washington, NJ.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
10,227 SF
Building Class
C
Year Built/Renovated
1940/2004
Price
$2,600,000
Price Per SF
$254.23
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.63 AC
Zoning
Retail / Commercial - B-1
Parking
36 Spaces (3.32 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Wheelchair Accessible
- Air Conditioning
Walk Score®
Very Walkable (72)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 21-00101-0000-00018 | Improvements Assessment | $742,400 |
| Land Assessment | $93,000 | Total Assessment | $835,400 |
PROPERTY TAXES
Parcel Number
21-00101-0000-00018
Land Assessment
$93,000
Improvements Assessment
$742,400
Total Assessment
$835,400
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217 W Washington Ave
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