Motorcycle Repair Shop For
1898 Williamstown-Erial Road Erial, NJ 08081
1898 Williamstown-Erial Road, Erial, NJ, 08081
$659,000
For Sale
$659,000
2,400 SF motorcycle repair shop on 0.77 acres.
Property Size2,400 SF
Price / SF$274.58
Days on Market242
Property Features for 1898 Williamstown-Erial Road
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Property subtype
- Industrial
Listing agency
NAI Mertz
(856) 234-9600
Listed by
Ryan Brennan · License #0896145
Source
Naiglobal
Added: Nov 21, 2025 Updated: Jul 6 at 8:40AM Checked: Jul 21 at 8:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Mertz
Investment Insights
Based on property information with market context.
The property is a 2,400-square-foot motorcycle repair shop situated on approximately 0.77 acres. It is located on a corner lot at a busy intersection, offering high visibility. The building is in excellent condition and includes a private office and a showroom. It is currently used as a motorcycle shop and is extremely well-kept. The steel building features one oversized drive-in door measuring 14 feet. Radiant heated floors are installed throughout the building, complemented by closed-cell spray foam insulation. The property includes a showroom, a private office, and two bathrooms, one in the showroom and one in the warehouse. The building has a ceiling that peaks at 21 feet and is 14 feet at its lowest point. There are seven parking spots available. City water and sewer services are provided. The property has a remaining 13-year warranty on the building. Taxes for 2020 were $12,700. A Wawa is approved to be built across the street, with groundbreaking planned for 2021. The property is located 20 minutes from Philadelphia and minutes from the Atlantic City Expressway/Route 42. The business and equipment are available for purchase separately.
Key Highlights
- High‑visibility corner lot location, with Wawa being built across the street.
- 2,400± SF building in excellent condition featuring a showroom and private office.
- Radiant heated floors and closed cell spray foam insulation throughout the building.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $36.0k | $15.00 |
| − Vacancy | −$2.6k | −$1.08 |
| EGI | $33.4k | $13.92 |
| − OpEx | −$10.0k | −$4.18 |
| NOI | $23.4k | $9.74 |
2,400 SF · lease $15.00/SF/yr · vacancy 7.20% · expense 30.00%
Alternative Uses
Best Use
Industrial
$334.1K
$292.3K – $389.8K
NOI $23,386 @ 7.0% cap · market cap 3.55%
Second Best
Retail
$330.1K
$288.9K – $385.1K
NOI $23,108 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$608.5K
$532.5K – $710.0K
NOI $42,597 @ 7.0% cap · market cap 6.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Auto shops
Similar Off Market Nearby
- Just jeeps — 557 New Brooklyn Erial Rd, Sicklerville, NJ 08081
FAQs
What type of property is this?
Auto shop - 2,400 SF motorcycle repair shop on 0.77 acres.
Where is this auto shop located?
The property is located at 1898 Williamstown-Erial Road Erial, NJ.
What is the asking price?
The asking price for this property is $659,000.
What are key features of this property?
This property features: High‑visibility corner lot location, with Wawa being built across the street.; 2,400± SF building in excellent condition featuring a showroom and private office.; Radiant heated floors and closed cell spray foam insulation throughout the building.
