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523 Delsea Dr 1,885 SF 100% Leased Retail Building Sewell, NJ 08080 $435,000 ($230.77/SF)
EXECUTIVE SUMMARY
This property is a money maker for anew owner user or an investor. There are a total of 4 income units.. A front Rancher residential , a small towing office, a cleaning service and a hair salon. There is plenty of on site parking. Close to all roadways and located on busy Delsea Drive. The current rents are low and can be raised when leases are due soon. Advanced notice needed to allow tenants time for notice. Property is being sold as is at this price. Buyer to do their own due diligence. In 2008 the windows were replaced in the commercial building as well as the electrical and bathroom. All of the windows were replaced in the house save for the large windows spanning the front living room. The electrical panel was replaced in the house at that time. HVAC systems in the house, salon and office space were all replaced in 2008. Investment Opportunity on Busy Delsea Drive
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
1,885 SF
Building Class
C
Year Built
1950
Price
$435,000
Price Per SF
$230.77
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.06
Lot Size
0.69 AC
Zoning
HC - Highway Commercial accommodates retail, restaurants, hotels, and service stations that benefit from high visiblity & accessibility along major highway
Parking
19 Spaces (1.06 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 18-00047-0000-00001-02 | Improvements Assessment | $192,100 |
| Land Assessment | $68,900 | Total Assessment | $261,000 |
PROPERTY TAXES
Parcel Number
18-00047-0000-00001-02
Land Assessment
$68,900
Improvements Assessment
$192,100
Total Assessment
$261,000
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523 Delsea Dr
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