$230,000
$249,900
8.0%For more information regarding the value of a property, please contact us for a free consultation.
1,790 SqFt
SOLD DATE : 02/16/2024
Key Details
Sold Price $230,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
Square Footage 1,790 sqft
Price per Sqft $128
MLS Listing ID NJCD415416
Sold Date 02/16/24
HOA Y/N N
Originating Board BRIGHT
Year Built 1950
Annual Tax Amount $4,976
Tax Year 2022
Lot Size 0.459 Acres
Acres 0.46
Lot Dimensions 100.00 x 200.00
Property Description
Unique investment opportunity and Just Reduced! ""11 1/2%+ NNN Lease ""Building with lease in place until 2024, Successful daycare facility is present tenant. Licensed for up to 42 children, 2.5-13 years old, including handicap access. Complete building renovation in 2012, Meticulously maintained, Sprinklered basement, Paved private parking with turnaround with handicapped spaces, Present tenant pays $30,000 year NNN, Tenant responsible for everything including all insurances, 11 1/2% return on investment, Located at a traffic lighted intersection with great highway exposure, Huge expanded fenced play area, Finished basement, 1 car attached garage, Sit back and collect rent with no headaches or expenses, Tenant responsible for first $10,000 in repairs, Over half acre on White Horse Pike. This is the Deal of the Century!! Call for any questions. Owner may consider holding a second mortgage to qualified buyer.
Location
State NJ
County Camden
Area Lindenwold Boro (20422)
Zoning COMM
Interior
Hot Water Electric
Heating Forced Air
Cooling Central A/C
Heat Source Oil
Exterior
Garage Spaces 10.0
Waterfront N
Water Access N
View Street
Street Surface Black Top,US Highway/Interstate
Accessibility Mobility Improvements
Road Frontage State
Parking Type Off Site, Parking Lot
Total Parking Spaces 10
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lindenwold Borough Public Schools
Others
Tax ID 22-00299 06-00011
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Judy Edell • BHHS Fox & Roach-Cherry Hill
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "