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400 N Delsea Dr
Vineland, NJ 08360
Retail Property For Sale


EXECUTIVE SUMMARY
Currently, we have a large building -square-foot building with a closed six-door auto repair shop and a closed three-door detailing units, on part of 2nd floor also has a two-story and three-bedroom apartment where employess live after fixing / renovating, You could subdivide the building into three separate units. There's also a large parking lot and it's located at a major intersection near a major gas station chin ,Burger King and Dunkin' Dos. Currently the seller has about $1 million in sales for Carwash business and don't do detailing. The current owner has been in the business for about 22 years and is preparing to retire. Due to family issues. the business which was once a very big business ( a lots of business )is but now down to about $1 million. The next buyer could buy the entire building and rebuild it or could run carwash and open a large auto repair shop along with other automotive-related businesses. You should definitely check it out. Carwash currently has about $600,000 in net income after all expenses. It's a great place to redevelop a strip center building and put tenants in it or to do other big businesses or to reopen a auto repair shop from closed auto repair units .carwash business is operating now !!! , put other businesses related to cars in it and rent out the rest.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Repair
Building Size
2,500 SF
Building Class
B
Year Built
1984
Price
$4,838,750 CAD
Price Per SF
$1,935.50 CAD
Cap Rate
9%
NOI
$435,488 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.02
Lot Size
2.59 AC
Zoning
B-3
Parking
6 Spaces (3.4 Spaces per 1,000 SF Leased)
Frontage
45’ on Delsea Dr
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 14-02706-0000-00005 | Improvements Assessment | $246,097 CAD |
| Land Assessment | $59,480 CAD | Total Assessment | $305,577 CAD |
PROPERTY TAXES
Parcel Number
14-02706-0000-00005
Land Assessment
$59,480 CAD
Improvements Assessment
$246,097 CAD
Total Assessment
$305,577 CAD
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