For Sale
$1,800,000

0 Nj-73Berlin, NJ 08009

12,628 SF Fitness Center, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
117
This exceptional investment opportunity presents a fully built-out, 12,628 square foot fitness center situated on a five-acre lot in Winslow Township, New Jersey. Located on heavily trafficked Route 73, this Class C property boasts 100% occupancy and offers significant potential for value-add improvements. The existing facility includes various fitness areas equipped for stretching, weightlifting, cardio, and more, along with a pool and sauna. The property is zoned PC2, allowing for a diverse range of uses beyond its current configuration. This presents a unique opportunity for owner-users seeking a turnkey operation or developers envisioning future expansion or redevelopment. The asking price is $1,800,000, translating to $142.54 per square foot. Built in 1984, the single-unit building sits on a substantial five-acre parcel, providing ample space for potential expansion or alternative uses. The modified lease structure and strong traffic counts on Route 73 contribute to the property's high visibility and income potential. This is a rare chance to acquire a high-performing, fully occupied asset with significant upside in a desirable New Jersey location. The property can be delivered vacant, offering flexibility to the new owner. Consider the multiple income opportunities and the potential for future development on this prime location.

Highlights

  • Fully built-out 12,628 SF fitness center on a 5-acre lot.
  • Can be delivered vacant.
  • 5-acre site allows for expansion or alternative uses.
  • PC2 zoning offers flexible use options.
  • High-traffic Route 73 location provides strong visibility and income potential.
  • Multiple income opportunities exist.

Property Details for 0 Nj-73

Property type
Retail properties, Retail space
Square Feet
12,628 SF
Class
C
Year Built
1984
Buildings
1
Lot Size (sq. ft)
217,800 SF
Units
1

Location Insight

City
Berlin
County
Camden
State
New Jersey
Latitude
39.753451015907
Longitude
-74.908755253062
Nj-73, Berlin, New Jersey

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0 Nj-73
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