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Investment Highlights

  • Turn Key Operation

Executive Summary

Turn Key Laundry Mat . 5 washers 35 dryers / venting change and product machines corner lot with land and buildable lot behind for expansion or Retail / residential build possibilities/ PROPERTY IS 20,400 sqft ( 150x136)

Attachments

447 Survey

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,934 SF
Building Class
C
Year Built
1955
Price
$2,300,000
Price Per SF
$1,189.25
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
C-1 - Commercial
Parking
12 Spaces (6.2 Spaces per 1,000 SF Leased)
Frontage
86’ on Smith St St
Very walkable
80/100
Very drivable
80/100
Some public transit
50/100
Fairly bikeable
40/100

Nearby Major Retailers

Shoprite
Bank of America
Rent-A-Center
Sunbelt Rentals
Santander
Key Food
CTown
Order Express, Inc.
Citizens
OceanFirst Bank

Property Taxes

Property Taxes

Parcel Number
16-00076-0000-00025
Land Assessment
$304,000
Improvements Assessment
$146,000
Total Assessment
$450,000
  • Listing ID: 37338438

  • Date on Market: 8/19/2025

  • Last Updated:

  • Address: 447 Smith St, Perth Amboy, NJ 08861

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