Reason for Selling:

Not Disclosed

Overview of the Business:

Great location for a school, Day care, Bank, office building, and residential development. The property has preliminary approvals for 8 residential units on part of the property. Currently there is a 20,000 Sq. Ft. building that needs total rehab and if leased at $8 dollar a Sq. ft .(which is way below the market rate), it would generate a net income of $160,000/year. In addition to the building there are approvals for 8 residential units that would sell for at least $200,000/unit for the sum of $1.6M. This is a great investment opportunity. Come see for yourself. The location is adjacent to route 295, next to the elite Haddonfield area and minutes from route 30. The property is on the border of the NJ T.P. Also, it is across the street from the Lawn side TWP.

Property Features and Assets:

Currently there is a 20,000 Sq. Ft. building that needs total rehab and if leased at $8 dollar a Sq. ft .(which is way below the market rate), it would generate a net income of $160,000/year. In addition to the building there are approvals for 8 residential units that would sell for at least $200,000/unit for the sum of $1.6M.

Additional Details: