481 Morris StWoodbury, NJ 08096

This exceptional mixed-use property in Woodbury, NJ, presents a compelling investment opportunity for both owner-users and investors. The 8,000 square foot building, constructed in 1950 and renovated in 2018, boasts two buildings on a 0.46-acre lot with ample parking (20 spaces). Currently housing four units, including a duplex fully leased and two vacant commercial office spaces, the property offers immediate income potential and future growth. The 6,000 square feet of net rentable space is currently at 50% occupancy. One unit features a professional office layout, ideal for medical or legal practices, complete with several rooms, a large waiting room, and reception area. Additional space is available on the second floor, perfect for storage or expansion. The property's B-class designation reflects its well-maintained condition and its strategic location, one block from Route 45 and Woodbury's downtown area. The permitted mixed-use zoning allows for flexibility and potential future development. The asking price is $650,000. This is a turnkey opportunity to acquire a profitable, well-located commercial property with significant upside potential. The property features a convenient location, ample parking, and a strong potential for increased occupancy and rental income. The property's two-story design provides flexibility for various uses. This is an excellent opportunity to acquire a multi-tenant property in a desirable location.