Delanco, NJ 08075,2801 BURLINGTON AVE
Delanco, NJ 08075,2801 BURLINGTON AVE
Delanco, NJ 08075,2801 BURLINGTON AVE
Delanco, NJ 08075,2801 BURLINGTON AVE
Delanco, NJ 08075,2801 BURLINGTON AVE
Delanco, NJ 08075,2801 BURLINGTON AVE
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$227,000

$227,000

Est.Price: ?

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Est. payment /mo

SOLD DATE : 03/23/2023

Key Details

Sold Price $227,000

Property Type Commercial

Sub Type Services

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJBL2033760

Sold Date 03/23/23

Originating Board BRIGHT

Year Built 1935

Annual Tax Amount $5,061

Tax Year 2022

Lot Dimensions 67.00 x 0.00

Property Description

Opportunity is knocking! Well maintained Commercial Zoned Corner property measures 6785 sq ft & sits on bustling Burlington Ave, known as River Rd, sure to see your business thrive with high visibility! Located on this prime lot are 2 separate mix-use buildings - the front 1200 sq ft building is currently under a 5 yr renewable lease & is a well established motorcycle Service Facility. This building boasts a convenient 1/2 Bath, public water, compressed air, 230V & 115V outlets, Forced Gas Heat + Central Air. Power garage door, finished insulated ceiling & attached to the front building is a compressor/utility room containing two industrial compressors - a 5-hp vertical and a 10-hp horizontal. The rear 550-square-foot building is currently owner occupied/ planned to be turned over to the tenant for motorcycle business expansion. This building also boasts compressed air, 230V and 115V outlets, Forced Gas Heat, Central Air, insulated and finished ceiling, along with a 10,000-pound auto lift, likely to remain post-transition. New roof installed in 2008 + siding upgrades, replacement of all doors + windows. Lockable fenced-in area has been previously approved as having parking for up to 7+ vehicles, currently has 2 non-permanent Carports. 2 vehicle entry gates, door access and 1 walk-through gate accesses this fenced-in area. Covered storage area currently being used for material and parts storage attached to the rear of the front building. Don't miss out on this opportunity of a lifetime!! 2021 - 2021 Expense Report in MLS Attachments * Current Cap Rate 10.1%

Location

State NJ

County Burlington

Area Delanco Twp (20309)

Zoning C-1

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Flooring Concrete

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Water Access N

Roof Type Shingle

Accessibility 2+ Access Exits

Total Parking Spaces 6

Garage N

Building

Lot Description Corner

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Delanco Township Public Schools

Others

Tax ID 09-00401-00001

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Robert Dekanski • RE/MAX 1st Advantage
Bought with Susan Nece • Weichert Realtors - Moorestown
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States

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