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56 Model Ave 3,650 SF Retail Building Hopewell, NJ 08525 $1,186,532 CAD ($325.08 CAD/SF)
INVESTMENT HIGHLIGHTS
- Many Loyal Customers.
- Existing Towing Contracts.
- All necessary equipment, tools, and equipment for continued success.
EXECUTIVE SUMMARY
Price Adjustment made. Seller want's to retire and relocate! This is truly a Bargain Sale. Great NOI ! This property operates as a Successful and Profitable Collision Repair/Body Shop, AND Towing Business! Property has been operating successfully for many years. Towing Business has Local Contracts. Seller is looking to retire and relocate. Consisting of two (2) buildings of approximately 3,200 S/F total work area: with 5 Working Stations, and 2 Lift Stations, Paint shop with custom mixing area,Transmission repair shop,Tire rack and repair area,3 Tow Trucks, AND, Fenced Car Storage/Impound Yard for 100 Cars. Property has additional room for further expansion! Call to schedule your appointment! 48 Hours Notice required.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
3,650 SF
Building Class
C
Year Built
1964
Price
$1,186,532 CAD
Price Per SF
$325.08 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.89 AC
Zoning
RO - Commercial Use Research/office uses
Parking
100 Spaces (27.4 Spaces per 1,000 SF Leased)
Frontage
136’ on Model Ave
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Campbells Auto Body/Boro Collision & Towing Llc
- Services
- 3,650 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Campbells Auto Body/Boro Collision & Towing Llc | Services | 3,650 SF | - | - |
PROPERTY TAXES
| Parcel Number | 05-00011-0000-00016-01 | Improvements Assessment | $64,624 CAD |
| Land Assessment | $447,851 CAD | Total Assessment | $512,475 CAD |
PROPERTY TAXES
Parcel Number
05-00011-0000-00016-01
Land Assessment
$447,851 CAD
Improvements Assessment
$64,624 CAD
Total Assessment
$512,475 CAD
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56 Model Ave
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