Magnolia, NJ 08049,807 & 809 W EVESHAM AVE
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Magnolia, NJ 08049,807 & 809 W EVESHAM AVE

$175,000

Est. payment /mo

$200,000

12.5%
Est.Price: ?

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807 & 809 W EVESHAM AVE Magnolia, NJ 08049

3,202 Sqft Lot

SOLD DATE : 09/30/2024

Key Details

Sold Price $175,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD2073082

Year Built 1962

Annual Tax Amount $5,508

Tax Year 2023

Lot Size 3,202 Sqft

Property Description

RARE INVESTMENT OPPORTUNITY!!! 2 Interior units in a 6 unit strip mall on busy secondary corridor. 807 & 809 are separately deeded, and 20 x 40 (800 SF Each- Total 1,600 SF). Nail Salon pays $850. monthly with 3 years left on a 5 year lease (graduated at $50. annually). Chinese restaraunt pays $1,000. month to month. Owner pays Sewer, CCMUA, taxes and property insurance. Tenant pays gas, electric and water. and business insurance. 807 and 809 are significantly under rented....please do not negotiate the sales price based on the present rents, it has been taken into consideration with the sales price. Gas Forced Heat, Central A/C, High Visibility Signage, 150-200 amp service, and 4 lined parking spaces w/Concrete Stops. 801 and 811 are owned and deeded separately, but not for sale currently. They are not my clients, but any potential buyer may be able to facilitate a sale with them in the future. Units will not be sold separately.

Location

State NJ

County Camden

Area Magnolia Boro (20423)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Central A/C

Exterior

Garage Spaces 12.0

Waterfront N

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Sterling High

Others

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Eugene Panaro • Panaro Realty
Bought with Eugene Panaro • Panaro Realty

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