43-45 Charleston Road

Description

Property Development / Investors Commercial Real Estate Opportunity Willingboro, NJ 08046. 5.5% ROI / $75 Ft 2 / $975,000 * ATTENTION Property Developers / Investors - Commercial Property Opportunity is available for sale. Property contains 71,946 Sf (1.66 Acres +/-) and is zoned B-1 Commercial (minimum lot size 42,000 sf) required for commercial properties. It is located on Willingboro Tax Map as Block 1, Lots 7, 8 and 9. Property on Lot 7 is income producing and fully developed. Property on Lots 8 and 9 are shovel ready, with all utilities and hookups available. Property is centrally located in a desirable commercial area with strong demographics and a population in excess of 178,000 within a 5-mile radius. It is a corner property with direct access to highly trafficked Charleston and Sunset Roads. Property is minutes from I-295, NJ Turnpike, Route 130 and Burlington Bristol Bridge. It has direct access to Major Highways, shore areas, restaurants, retailers and businesses and easy access to Philadelphia International Airport and Center City. The property is being sold As Is, but is in Average + condition. The owners have invested significantly into the Property over the past years, as you can see in the included photos. Ideal for Owner Operators looking to relocate their business to a larger property with room to grow; Franchise operations looking for sites with high visibility and good demographics, Property Developers looking for sites for expansion and / or conversion, and Investors looking for solid investment and / or Special Investment Consideration Opportunities. Based on Historic Occupancy Rate and Actual Expenses - Purchase Price @ $975,000