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PRICE $1,050,000 dsIDX morgage calculator
SIZE 4,059 sqft
LOT SIZE 3.60 ac
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A 4,000-square-foot commercial/retail building on 3.6 acres, located at the intersection of Tansboro and Taunton Roads in Winslow Township. It has the potential for an expansion of more than 2,000 square feet. New construction is underway nearby for a residential complex with over 500 units, and move-ins are expected to begin around next year. When that happens, the value of this property is likely to increase. Currently, this property houses a pizza shop, a convenience store, and a dry cleaner. One of these tenants is renting below market rate, and if adjusted to market rate upon renewal in 2026, a cap rate of approximately 7% could be achieved.

DAYS ON MARKET 1 LAST UPDATED 11/13/2024
YEAR BUILT 1988 COMMUNITY Winslow Twp (20436)
COUNTY CAMDEN STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIR Central Air
AIR CONDITIONING Yes
AREA Winslow Twp (20436)
CONSTRUCTION Stucco
HEAT Forced Air, Natural Gas
LOT 3.6 acre(s)
SEWER Septic Tank
TAXES 13067
UTILITIES Cable Available, Natural Gas Available
WATER Well, Private
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