100 Black Horse PikeGloucester Township, NJ 08012

Property Details for 100 Black Horse Pike

Lot size

0.19 AC

Property type

Other commercial real estate

APN

15 10605-0000-00002

APU

1510605000000002

Description

This meticulously maintained three-story, mixed-use building at 100 N Black Horse Pike in Gloucester Township, NJ 08012, presents a unique investment opportunity. The 2,699 square foot property boasts a Class B designation and is offered at $470,000 ($174.14/sq ft). The building features a single tenancy with a gross lease type. Currently, the first floor (1,514 sq ft) houses short-term office tenants, offering immediate income potential for investors. Alternatively, this space could be vacated for owner-user occupancy. The second floor comprises a newly renovated three-bedroom, one-bathroom apartment. The property includes a parking lot accommodating 8-10 vehicles. Significant improvements have been made, including a roof replacement (most of the roof in 2018) and parking lot resurfacing (most of the lot in 2022). Built in 1900, this building sits on an 8,403 sq ft lot and offers convenient access to major roadways, including Philadelphia, Delaware, Routes 42, 295, and the New Jersey Turnpike. This turnkey property is ideal for both investors seeking a strong return and owner-users looking for a versatile commercial and residential space. The building's location on the highly trafficked Black Horse Pike ensures excellent visibility and accessibility.

• Alternative Use

  Use

  Valuation

  Residential

  $2,779,660

  Hospitality

  $2,546,154

  Educational

  $2,118,370

  Medical

  $2,191,224

  Retail

  $3,295,242

Location Insight

City

Blackwood

County

Camden

State

New Jersey

Latitude

39.8033

Longitude

-75.0677

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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