1739 Olden Extended Ewing Township, NJ 08638
This 5,580 square foot auto shop, located at 1739 N Olden Extended in Ewing Township, New Jersey, presents a unique investment opportunity. The property, situated on a 0.34-acre lot, features five drive-in doors and a 12-foot ceiling height. Built in 1940, the single-story building is currently vacant and available for immediate occupancy on October 24, 2024. The asking price is $975,000, translating to $174.73 per square foot. The property is zoned for Olden Ave Redevelopment Zone and offers ample parking. While currently configured as an auto service center, the building's versatile design allows for potential conversion to retail use, making it an attractive option for a variety of businesses. The property is a single-unit building with a Net Rentable Area of 5,580 square feet and is offered under a NNN lease structure. The property has no loading docks or dock-high doors. This centrally located property within the Olden Avenue Redevelopment Plan Sub Area 2 provides excellent visibility and accessibility. This owner/user investment opportunity is perfect for an entrepreneur looking to establish their own business or an investor seeking a strong return.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.