Address
309-313 N White Horse Pike Laurel Springs, NJ
Price
$ 299,900
Property Attributes
  • MLS#NJCD402822
  • TypeCommercial
  • CountyCAMDEN
  • CityLaurel Springs
  • AreaLaurel Springs Boro
  • Zip08021
  • StyleApartment Building,/General Retail,Professional,St
  • Year Built1950
  • Taxes$ 9608
  • Price$ 299,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3720
  • Lot Size0.33 Acres
Listing Provided Courtesy Of:
Procision Commercial Realty
Data Source:
Bright MLS
Property Description

This building is part of a three-property investment portfolio producing approximately $81,000 in Net Operating Income. but can be purchased individually. The three (3) property investment portfolio consists of two (2) fully occupied, income-producing, mix-use buildings and one (1) parcel of land. Properties included in the sale are 301 N White Horse Pike, 309-313 N White Horse Pike, and 0 Hemlock Ave, respectively. Both buildings offer numerous long-term tenants consisting of Office, Retail, Storage, and Residential tenants. The White Horse Pike (Route 30) Corridor and the surrounding area has seen tremendous growth in recent years due to Economic Opportunity Zone benefits provided to local municipalities. With recent renovations, various capital improvements, new long-term lease(s), and multiple tenants pushing 10+ year tenure, this portfolio boasts strong market positioning and presents a strong investment opportunity.

Price History
11/13/2020 Listed $700,000
4/23/2021 58% - $299,900

General Features

Accessibility None
Business Type Apartment Building, Other/General Retail, Professional, Storage
Construction Materials Frame
Cool Fuel Natural Gas
Cooling Ceiling Fan(s), Window Unit(s)
County CAMDEN
Days on Market 200
Heating Forced Air
MLS Area Laurel Springs Boro (20420)
Municipality LAUREL SPRINGS BORO
New Construction No
Ownership Fee Simple
Possession Settlement
Price Per Sq Ft 80.62
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Tax Annual Amount 9608.0
Tax Lot 00002 01
Tax Year 2019
Vacation Rental Y/N No
Water Access Y/N No
Zoning B-1
Zoning Description Business & Industry

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric

Exterior Features

Building Area Total 3720.00
Car Parking Spaces 10
Inclusions 301 N White Horse Pike Laurel Springs NJ 08021 & 0 Hemlock Ave Laurel Springs NJ 08021
Lot Dimensions 101.00 x 142.00
Lot Size Acres 0.33
Lot Size Source Assessor
Lot Size Square Feet 14342.00
Navigable Water Y/N No
Total Parking Spaces 10
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08021

Price
AVG $280K
$300K
Taxes
AVG $13,468
$9,608
Visits
AVG 141
148
Year Built
AVG 1961
1950
Walkscore
AVG 41
56
Data Provided by Walkscore ® not using MLS data

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