Motorcycle Repair Shop For
1898 Williamstown-Erial Road Erial, NJ 08081
For Sale
$659,000
2,400 SF motorcycle repair shop on 0.77 acres.
Property Size2,400 SF
Price / SF$274.58
Days on Market250
Property Features for 1898 Williamstown-Erial Road
General Information
Standard status
Active
Size
2,400 SF
Property subtype
Industrial
Listing Agency:
NAI Mertz - Corporate
(856) 234-9600
Listed By:
Ryan Brennan · License #0896145
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 6:03AM
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 - Corporate
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.
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 authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Just jeeps — 557 New Brooklyn Erial Rd, Sicklerville, NJ 08081
Frequently Asked Questions
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.
