For Sale
$799,900

304 White Horse PikeClementon, NJ 08021

Busy Auto Repair Shop w/ Apartment Income

Overview

Added:
Dec 11, 2024
Days on market:
120
This exceptional commercial property, located at 304 White Horse Pike in Clementon, New Jersey (zip code 08021), presents a unique investment opportunity. The 1,500 square foot building sits on a 0.29-acre lot and is zoned for commercial use. Currently operating as a thriving three-bay auto repair shop, the property boasts a large office and waiting area, ample parking, and two floor lifts. The shop has a long-standing history in the community and benefits from its high-traffic location on the busy White Horse Pike (Route 30). Adding to its appeal, the property includes a second-floor, four-bedroom apartment that generates a consistent monthly rental income of $2,500. This income stream significantly enhances the overall return on investment. The asking price for this turnkey operation is $799,900, representing a price per square foot of $533.27. Alternatively, the property is also available for lease at a monthly rate of $4,500. This is a rare opportunity to acquire a well-established business with significant income potential in a desirable location. The property's combination of commercial and residential income streams makes it an attractive investment for both seasoned and new investors seeking a strong return. The Camden County location offers easy access to major transportation routes, further enhancing its appeal. This property is ready for immediate occupancy and presents a compelling opportunity for a variety of commercial uses.

Highlights

  • $799,900 asking price for a 1,500 sq ft commercial property.
  • Special purpose commercial land zoned for commercial use.
  • Located at 304 White Horse Pike, Clementon, NJ 08021, on a 0.29-acre lot.
  • Features a 3-bay auto repair shop with office, waiting room, and ample parking.
  • Includes a 4-bedroom apartment generating $2,500/month in rental income.

Property Details for 304 White Horse Pike

Property type
Specialty properties, Land
Square Feet
1,500 SF
Buildings
1
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Clementon
County
Camden
State
New Jersey
Latitude
39.8069628
Longitude
-74.9717081
304 White Horse Pike, Clementon, New Jersey

FAQs

What type of property is this?
Specialty property - Busy Auto Repair Shop w/ Apartment Income
Where is the specialty property located?
The property is located at 304 White Horse Pike Clementon, NJ.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: $799,900 asking price for a 1,500 sq ft commercial property.; Special purpose commercial land zoned for commercial use.; Located at 304 White Horse Pike, Clementon, NJ 08021, on a 0.29-acre lot.
How can I contact the broker?
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304 White Horse Pike
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