431 White Horse PikeMagnolia, NJ 08049
- Other commercial real estate
- 0.16 AC
Property Details for 431 White Horse Pike
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.16 AC
- Property type
- Other commercial real estate
- APN
- 23 00004-0000-00016
- APU
- 2300004000000016
Description
This exceptional Magnolia, New Jersey commercial property, located at 431 N White Horse Pike, presents a unique investment opportunity. The approximately 3000 square foot building, constructed in 1955, sits on a prime corner lot and includes a second, irregular lot (52 x 151 feet) fronting Ashland Avenue (Block 4, Lots 16 & 15). The property boasts flexible office space ideal for various uses, including professional offices, retail, restaurants, or places of worship. The first floor (1500 sq ft) offers a large, versatile office space, a half-bath, break area, and utility/storage room. A spacious second-floor apartment (1500 sq ft) features a formal living room, dining room, eat-in kitchen, three large bedrooms, and a full bath. Hardwood floors grace the main living areas, while the kitchen and bath are tiled. The property includes ample parking with a fenced-in rear lot accommodating 20+ cars, plus additional side street parking. Three private entrances, 200-amp electric service, updated gas heat, and central air conditioning enhance its appeal. This two-story building offers separate utilities for optimal efficiency. Its excellent location and high visibility ensure strong potential for any business. The asking price is $365,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,495,608
- Hospitality
- $2,285,964
- Educational
- $1,901,895
- Medical
- $1,967,304
- Retail
- $2,958,504
Location Insight
- City
- Magnolia
- County
- Camden
- State
- New Jersey
- Latitude
- 39.86
- Longitude
- -75.0315
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
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