Current Use by Public Records
- Retail properties & Spaces
Property Details for 0 Nj-73
- Year built
- 1984
- Lot size
- 5.00 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Retail space
Description
This exceptional investment opportunity presents a fully built-out, 12,628 square foot fitness center situated on a five-acre lot in Winslow Township, New Jersey. Located on heavily trafficked Route 73, this Class C property boasts 100% occupancy and offers significant potential for value-add improvements. The existing facility includes various fitness areas equipped for stretching, weightlifting, cardio, and more, along with a pool and sauna. The property is zoned PC2, allowing for a diverse range of uses beyond its current configuration. This presents a unique opportunity for owner-users seeking a turnkey operation or developers envisioning future expansion or redevelopment. The asking price is $1,800,000, translating to $142.54 per square foot. Built in 1984, the single-unit building sits on a substantial five-acre parcel, providing ample space for potential expansion or alternative uses. The modified lease structure and strong traffic counts on Route 73 contribute to the property's high visibility and income potential. This is a rare chance to acquire a high-performing, fully occupied asset with significant upside in a desirable New Jersey location. The property can be delivered vacant, offering flexibility to the new owner. Consider the multiple income opportunities and the potential for future development on this prime location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Berlin
- County
- Camden
- State
- New Jersey
- Longitude
- -74.9088
- Latitude
- 39.7535
