Nj-73 Berlin, NJ 08009

Property Details for 0 Nj-73

Year built

1984

Lot size

5.00 lot acres

Property size

12,628 SF

Property type

Retail properties

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.