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Rare opportunity to own this tremendous cash flow property. 15,000 sq ft shopping center with endless possibilities for development and even greater cash flow. Property covers 288 ft corner to corner location on Route 42 in Washington Township. Property includes 5 total stores, 2 apartments, & 9 garage buildings. Current tenants include a Hair salon, barbershop, food market, fence company, a few car detailing/workshops, storage. Property is zoned to allow a CANNIBIS retailer license. You get all the traffic going and coming Easy to get here from Philadelphia or down the shore Rowan is approximately 15 minutes away. Atlantic City Expressway is a few minutes away plenty of stores tons of commercial traffic every day is on this road and traffic both ways. Approximately 80,000 people passed the property daily. Financials are available to qualified buyers after a written offer is presented.
| DAYS ON MARKET | 177 | LAST UPDATED | 3/5/2025 |
|---|---|---|---|
| YEAR BUILT | 1949 | COMMUNITY | Washington Twp (20818) |
| COUNTY | GLOUCESTER | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | WASHINGTON TOWNSHIP PUBLIC SCHOOLS |
|---|
| PRICE HISTORY | |
| Prior to Mar 5, '25 | $2,200,000 |
|---|---|
| Mar 5, '25 - Today | $2,000,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Washington Twp (20818) |
| CONSTRUCTION | Concrete, Wood Siding |
| HEAT | Central, Natural Gas |
| LOT | 0.72 acre(s) |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Parking Lot |
| SEWER | Public Sewer |
| TAXES | 8100 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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