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463 US Highway 9 1,796 SF 33% Leased Retail Building Waretown, NJ 08758 $802,654 CAD ($446.91 CAD/SF)
INVESTMENT HIGHLIGHTS
- 3 incomes, 2 apartments and one commercial barber shop
EXECUTIVE SUMMARY
Front of building is Barber Shop; rear of building has apx 1000 sq ft one bedroom apt.Posssible 2nd apt in rear of building on lower level
Good visibility and parking. Nice back and side yard. Good rents from all 3 units. plenty of parking. Possibility of over $5,000 in monthly income in the 3 units you can rent. Storefront, large one bedroom apt and cute studio apt. SELLER HAS NOW STARTED PROCESS TO GET APPROVAL FOR THE SMALL APARTMENT WILL BE APPROVED BY TOWNSHIP. AFTER APPROVAL WE WILL HAVE APPROVALS FOR STOREFRONT, BIG APARTMENT ATTACHED,AND SMALL APRTMENT ATTACHED SO WE WILL HAVE THREE RENTAL INCOMES
Good visibility and parking. Nice back and side yard. Good rents from all 3 units. plenty of parking. Possibility of over $5,000 in monthly income in the 3 units you can rent. Storefront, large one bedroom apt and cute studio apt. SELLER HAS NOW STARTED PROCESS TO GET APPROVAL FOR THE SMALL APARTMENT WILL BE APPROVED BY TOWNSHIP. AFTER APPROVAL WE WILL HAVE APPROVALS FOR STOREFRONT, BIG APARTMENT ATTACHED,AND SMALL APRTMENT ATTACHED SO WE WILL HAVE THREE RENTAL INCOMES
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,796 SF
Building Class
B
Year Built
1996
Price
$802,654 CAD
Price Per SF
$446.91 CAD
Percent Leased
33%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.14 AC
Zoning
Commercial - has a approved apt in back with a possible 2nd apt.Can be used for other commercial ventures
Parking
11 Spaces (6.12 Spaces per 1,000 SF Leased)
Frontage
81’ on Route 9
AMENITIES
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 21-00045-0000-00001-02 | Improvements Assessment | $338,589 CAD |
| Land Assessment | $179,055 CAD | Total Assessment | $517,643 CAD |
PROPERTY TAXES
Parcel Number
21-00045-0000-00001-02
Land Assessment
$179,055 CAD
Improvements Assessment
$338,589 CAD
Total Assessment
$517,643 CAD
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463 US Highway 9
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