For Sale
$1,695,000

1700 Black Horse ParkWilliamstown, NJ 08094

High-Cap Rate Strip Mall, 1.81 Acres

Overview

Added:
Feb 3
Days on market:
61
This exceptional 15,600 square foot retail property in Williamstown, NJ presents a rare investment opportunity. Situated on a 1.81-acre lot with ample parking (140 spaces), this well-maintained brick building boasts high visibility and excellent access to major transportation arteries, including direct routes to Philadelphia, Atlantic City, and the New Jersey Turnpike. The property features a diverse mix of long-term tenants, ensuring a stable income stream. A new roof has recently been installed, minimizing immediate maintenance concerns. The property's high traffic counts contribute to strong tenant performance. A unique aspect of this offering is the availability of a 6,000 square foot unit for owner-occupancy. Alternatively, the current owner is prepared to sign a two-year lease on this space, providing immediate rental income for a new investor. This prime location and the combination of established tenants and owner-occupancy potential make this a compelling investment opportunity with significant upside potential. The asking price is $1,695,000. This is a truly exceptional chance to acquire a thriving commercial property in a desirable location.

Property Details for 1700 Black Horse Park

Property type
Retail properties
Square Feet
15,600 SF
Year Built
1961
Lot Size (sq. ft)
78,844 SF

Location Insight

City
Williamstown
County
Gloucester
State
New Jersey
Latitude
39.66385
Longitude
-74.96623
1700 Black Horse Park, Williamstown, New Jersey

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1700 Black Horse Park
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