$380,000
$500,000
24.0%For more information regarding the value of a property, please contact us for a free consultation.
2,557 SqFt
SOLD DATE : 08/09/2024
Key Details
Sold Price $380,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,557 sqft
Price per Sqft $148
MLS Listing ID NJAC2012376
Sold Date 08/09/24
Originating Board BRIGHT
Year Built 1987
Annual Tax Amount $4,709
Tax Year 2023
Lot Size 1.199 Acres
Acres 1.2
Lot Dimensions 250x219
Property Description
Welcome to this exceptional opportunity in a prime location! This property boasts a 40-year-old, well-established car repair shop, currently utilized for car repair, body shop services, and as an APPROVED used CAR LOT. While the current owner isn't operating a car dealership, new owners have the potential to add this lucrative revenue stream to the existing business model. The versatile space includes a mechanics shop, a paint shop with its own separate room and compressor, and a dedicated compressor room. Equipped with a hydronic lift, this facility is ready to support a wide range of automotive services.
Additionally, nestled on the expansive lot is a charming 3-bedroom house, currently rented to long-term tenants for $1250 a month on a month-to-month lease. With the potential to increase the rent to $1500 or more, new owners have the opportunity to maximize returns on this investment. With its unbeatable location and diverse income streams, this property offers endless potential for entrepreneurs looking to establish or expand their presence in the automotive industry. Don't miss out on this rare chance to own a piece of prime real estate with lucrative business opportunities! Priced to sale . Call the listing agent today.
Location
State NJ
County Atlantic
Area Hammonton Town (20113)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Forced Air
Cooling Wall Unit, Window Unit(s)
Heat Source Oil
Exterior
Garage Spaces 60.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits, Other
Parking Type Driveway, Parking Lot, Other
Total Parking Spaces 60
Garage N
Building
Lot Description No Thru Street, Private, Rear Yard, Road Frontage, SideYard(s), Year Round Access, Premium, Open
Sewer On Site Septic
Water Well
New Construction N
Schools
School District Folsom Public Schools
Others
Tax ID 10-02302-00009
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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