1590 5 St Ewing Township, NJ 08638

This exceptional investment opportunity presents two buildings totaling 9,838 square feet on a 0.44-acre lot in Ewing Township, New Jersey. The property, located at 1590 5th St, 08638, is zoned IP 2 and boasts a strong 100% occupancy rate until September 30, 2024, generating a substantial Net Operating Income (NOI) of $58,500. Building 1, a two-story office building, houses three tenants, each responsible for their utilities. Building 2, a 5,038 square foot warehouse/garage, features an 18-foot clear height, seven vehicle lifts, and is currently used for auto repair. This building's tenant is on a month-to-month lease. Ample parking is available with 46 spaces, including 15 in front of Building 1 and 28 in the rear of Building 2. While Building 2 is situated within a floodplain, a functioning pump system mitigates flooding concerns. The property is situated in Subarea 8 of the Olden Avenue Redevelopment Plan. The asking price is $950,000 ($96.56/sq ft), and seller financing may be considered for qualified buyers with a suitable down payment. This multi-tenant, multi-use property offers significant upside potential for the savvy investor.