899 State Route 18 3,000 SF Retail Building Old Bridge, NJ 08857 $2,700,000 ($900/SF)
INVESTMENT HIGHLIGHTS
- High Traffic Corridor
- Corner Lot
EXECUTIVE SUMMARY
FIRST TIME ON THE MARKET. This 8.01 +/- acre corner property with 800' frontage along US Route 18 South, offers tremendous opportunity for redevelopment. Currently producing rental income from long established retail business, and residential cottages.
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
3,000 SF
Year Built
1950
Price
$2,700,000
Price Per SF
$900
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
8.01 AC
Zoning
R-40 - Low Density Residential
Frontage
800’ on State Roue 18 South
AMENITIES
- Corner Lot
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 15-18091-0000-00001 | Improvements Assessment | $162,000 |
| Land Assessment | $202,600 | Total Assessment | $364,600 |
