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4040 Route 42 2,167 SF 100% Leased Retail Building Blackwood, NJ 08012 $599,890 ($276.83/SF)

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EXECUTIVE SUMMARY

One of the most well known landmarks in Washington Twp is up for sale, ITI Computers! Here's the catch. what most people don't know about this property, is that it consists of 2 lots totaling 1.74 acres, with 200FT OF FRONTAGE right next to a proposed major commercial development area. So buckle up, because the possibilities for this property are endless. The current building is a block constructed 2,006 sqft rancher with a full lower level and 2 standard pull up garage doors. The property has been used as a thriving retail business for 35 years, with the main level achieving an open layout with a front showroom area (33'x37'), a large back office area (33'x17'), and a half bathroom. The lower level is sectioned off into various storage areas (16'x14', 10'x6', 11'x6') a 19x12 kitchen, and a full bathroom. With 200ft of frontage directly across from Watson Dr and right next to a proposed major commercial development site, this property will do nothing more than grow in value. Use it as it, or contact an engineer to see what possibilities you could unlock. Either way, don't miss out on this incredible opportunity!

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,167 SF
Building Class
C
Year Built
1950
Price
$599,890
Price Per SF
$276.83
Percent Leased
100%
Building Height
1 Story
Building FAR
0.04
Lot Size
1.18 AC
Zoning
HC

NEARBY MAJOR RETAILERS

Starbucks
Applebee's
Toyota
Fries Mill Cleaner
HOTWORX
Burn Boot Camp
BODYBAR Pilates
Outback Steakhouse
Carrabba’s Italian Grill
TGI Friday's

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-00112-01-00012-02
Land Assessment
$205,700
Improvements Assessment
$82,300
Total Assessment
$288,000
  • Listing ID: 35829981

  • Date on Market: 5/12/2025

  • Last Updated:

  • Address: 4040 Route 42, Blackwood, NJ 08012

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