Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use.
Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues.
Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.
Property Features
Cooling Information
Central Air
Electric
Heating Information
Natural Gas
Forced Air
Utilities
Sewer Available
Electricity Available
Parking
Paved
Parking Lot
Water Features
Public
Listing Courtesy: BHHS Fox & Roach Hopewell Valley - 609-737-9100