364 BroadwayPennsville Township, NJ 08070
- Other commercial real estate
- 0.28 AC
Property Details for 364 Broadway
- Year built
- 1964
- Construction
- BRICK
- Lot size
- 0.28 AC
- Zone code
- 2
- Property type
- Other commercial real estate
- APN
- 09 04002-0000-00017
- APU
- 904002000000017
Description
This exceptional investment opportunity presents a 3,025 square foot, two-story office building located at 364 S Broadway, Pennsville, NJ. Situated on a 0.28-acre lot, the property boasts a strong, long-term lease with a non-profit tenant, ensuring consistent income. The lease is currently in effect and extends through June 2028. The building features a spacious reception area, multiple offices, and classrooms, all in excellent condition. The property includes a private parking lot for convenient access and is fully handicap accessible. The tenant is responsible for all utilities, including sewer, water, gas, electric, cable, and phone services, minimizing the owner's operational expenses. This turnkey investment offers a secure and profitable opportunity for a discerning buyer seeking a stable income stream in a well-maintained property. The building's location in Pennsville Township provides easy access to major transportation routes and local amenities. This is a rare chance to acquire a fully leased, income-generating asset with a long-term lease in place, offering significant potential for return on investment. The property is ready for immediate ownership and income generation.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $5,870,608
- Hospitality
- $5,377,446
- Educational
- $4,473,972
- Medical
- $4,627,838
- Retail
- $6,959,511
Location Insight
- City
- Pennsville
- County
- Salem
- State
- New Jersey
- Latitude
- 39.6356
- Longitude
- -75.514
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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- Please email our support team at [email protected] and they will add the team member.
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- How can I contact the broker?
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