Magnolia, NJ 08049,807 & 809 W EVESHAM AVE
Magnolia, NJ 08049,807 & 809 W EVESHAM AVE
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$175,000

$200,000

12.5%
Est.Price: ?

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Est. payment /mo

3,202 Sqft Lot


SOLD DATE : 09/30/2024

Key Details

Sold Price $175,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD2073082

Sold Date 09/30/24

Originating Board BRIGHT

Year Built 1962

Annual Tax Amount $5,508

Tax Year 2023

Lot Size 3,202 Sqft

Acres 0.07

Lot Dimensions 32.00 x 100.00

Property Description

RARE INVESTMENT OPPORTUNITY!!! 2 Interior units in a 6 unit strip mall on busy secondary corridor. 807 & 809 are separately deeded, and 20 x 40 (800 SF Each- Total 1,600 SF). Nail Salon pays $850. monthly with 3 years left on a 5 year lease (graduated at $50. annually). Chinese restaraunt pays $1,000. month to month. Owner pays Sewer, CCMUA, taxes and property insurance. Tenant pays gas, electric and water. and business insurance. 807 and 809 are significantly under rented....please do not negotiate the sales price based on the present rents, it has been taken into consideration with the sales price. Gas Forced Heat, Central A/C, High Visibility Signage, 150-200 amp service, and 4 lined parking spaces w/Concrete Stops. 801 and 811 are owned and deeded separately, but not for sale currently. They are not my clients, but any potential buyer may be able to facilitate a sale with them in the future. Units will not be sold separately.

Location

State NJ

County Camden

Area Magnolia Boro (20423)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Waterfront N

Water Access N

Accessibility Level Entry - Main

Total Parking Spaces 12

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Sterling High

Others

Tax ID 23-00008 01-00005

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Eugene Panaro • Panaro Realty
Bought with Eugene Panaro • Panaro Realty
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