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220 E Route 130 S
Burlington, NJ 08016
Retail Property For Sale
Investment Highlights
- Suited for retail or food service operations (former Curly's Ice Cream).
- Property currently contains a ±1,050 SF 1-story building on ±0.42 acres with 38 parking spaces.
- 1.2 miles (3 minutes) from Exit 5 of the New Jersey Turnpike.
- HC-1 (Highway Commercial) Zoning allows a drive through as a conditional use.
- Traffic count 36,500 VPD at Route 130.
- QSR - Ground Lease- $150,000 annually.
Executive Summary
Retail redevelopment opportunity; corner property at traffic light next to McDonalds and 1.3 miles to Exit 5 of the New Jersey Turnpike.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Fast Food
Building Size
1,050 SF
Building Class
C
Year Built
1965
Price
$2,000,000
Price Per SF
$1,904.76
Percent Leased
100%
Building Height
1 Story
Building FAR
0.06
Lot Size
0.42 AC
Opportunity Zone
Yes
Zoning
C-2 - A neighborhood commercial zone that allows small-scale businesses and neighborhood commercial activities
Parking
38 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
200’ on Tr 130 South
Amenities
- Corner Lot
- Air Conditioning
Property Taxes
| Parcel Number | 05-00167-0000-00001 | Improvements Assessment | $39,000 |
| Land Assessment | $279,000 | Total Assessment | $318,000 |
Property Taxes
Parcel Number
05-00167-0000-00001
Land Assessment
$279,000
Improvements Assessment
$39,000
Total Assessment
$318,000
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