31 Willow StWashington, NJ 07882

  • Industrial properties
  • 8,565 SF
For Sale
$499,000 View listing

Property Details for 31 Willow St

Construction
BRICK
Lot size
0.45 AC
Property size (Sq ft)
8,565 SF
Zone code
I
Property type
Industrial properties
APN
21 00100-0000-00057- 02
APU
210010000000005702

Description

This exceptional 8,565-square-foot light industrial building, situated on a 0.45-acre lot in Washington, NJ, presents a compelling investment opportunity. Currently configured as a kitchen fabrication shop, the property boasts immense versatility and potential for diverse uses. The spacious interior includes a partial basement, ideal for additional storage, enhancing the overall functionality. Access is convenient with a 10-foot overhead door and accessible double doors near the front entrance. Three natural gas heating units ensure efficient climate control. The property is connected to public water and sewer services, simplifying operations. The layout allows for the potential division into two separate units, providing flexibility for multiple tenants or expansion opportunities. Ample parking is available in a lower lot, accommodating employees and clients. This property offers a unique blend of space, accessibility, and adaptability, making it an attractive prospect for a wide range of businesses. The asking price for the building alone is $499,000. An additional option exists to purchase the building along with the existing business and all equipment for $699,000. This presents a turnkey solution for an established business or a savvy entrepreneur looking to enter the market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $2,435,374
    Hospitality
    $2,230,789
    Educational
    $1,855,990
    Medical
    $1,919,821
    Retail
    $2,887,096

Location Insight

City
Washington
County
Warren
State
New Jersey
Latitude
40.7544
Longitude
-74.9804
CBSA code
10900
CBSA name
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$12,351
$33,000
$193,300
$226,300
-
$33,000
$193,300
$226,300

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