Overview
Income-Producing Commercial Property For Sale
This commercial property, constructed in 1963, provides over 3580 sq. ft. of space divided into five suites, with four currently occupied. The property offers a stable income stream with long-term tenants and a history of rentals in a high-traffic location. The configuration includes five suites, with one currently vacant. There are 17 parking spaces located in the front, south side, and rear of the building. Exterior renovations completed in 2021 included new windows, siding, and doors. The rear of the property faces the Pine Barrens. The property is located in a high-visibility area at the intersection of the bypass and Route 25A, near major retailers, restaurants, and commuter routes. Suite 1, currently a liquor store, occupies 1,125 sq. ft. and includes storage, a bath, and a rear entry, with a separate HVAC system and dedicated oil tank. The lease for this suite expires in January 2029. Suites 2 and 3, used for computer repair, comprise 1,159 sq. ft. with storage rooms, a bath, and a rear entry. Their lease expires in April 2027. Suite 4, an insurance office, is 550 sq. ft. and features two offices, a bath, and a rear entry, with a lease expiring in April 2026. Suites 2 through 5 share an oil tank. Suite 5 is a recently remodeled vacant suite of 550 sq. ft., featuring two offices, a bath, and a rear entry. The landlord is responsible for oil for Suites 2 through 5, taxes and water for all suites, and all building maintenance. Tenants are responsible for electricity for their individual suites and trash removal. The property has long-term tenants with staggered lease expirations and a recently renovated vacant suite. It is located on the Route 25A bypass.