Bought with Gough W Thompson III • BHHS Fox & Roach Hopewell Valley
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Key Details
Sold Price $900,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NJME2049272
Sold Date 01/02/26
Year Built 1980
Annual Tax Amount $19,118
Tax Year 2024
Lot Size 0.435 Acres
Acres 0.44
Property Sub-Type Industrial
Source BRIGHT
Property Description
Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use.
Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues.
Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.
Location
State NJ
County Mercer
Area Ewing Twp (21102)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 46.0
Utilities Available Sewer Available, Electric Available
Water Access N
Roof Type Flat,Shingle
Accessibility None
Total Parking Spaces 46
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Ewing Township Public Schools
Others
Tax ID 02-00042-00021
Ownership Fee Simple
Acceptable Financing Seller Financing, Cash
Listing Terms Seller Financing, Cash
Financing Seller Financing,Cash
Special Listing Condition Standard
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