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Property profile & analytics
OFF-MARKET
Office Spaces

76 Rte 31 Washington, NJ 07882

Property ID
Property summary
AI-generated overview

This exceptional commercial property, located at 76 Route 31 N in Washington Borough, New Jersey, 07882, presents a unique investment opportunity. Priced at $245,000, this single-story building boasts a versatile layout ideal for mixed-use purposes, thanks to its B1 zoning. The main level features a four-room office suite complete with a hallway and powder room. Descending a short flight of steps, or utilizing a convenient ramp, leads to a substantial lower level. This area comprises approximately 2000 square feet of warehouse/garage space, equipped with ceiling-high racking systems and external access suitable for large delivery trucks. The pre-installed shelving provides immediate functionality. The 0.115-acre lot offers significant potential for expansion or redevelopment. The property is being sold "as-is" and is currently vacant. This prime location on Route 31 North ensures high visibility and accessibility, making it an attractive proposition for a variety of commercial ventures. The property's features, including the office space and extensive warehouse area, provide a blend of functionality and potential for diverse uses. This is a rare opportunity to acquire a well-situated commercial property in a thriving New Jersey community.

Property profile
Verified
Property type Office Spaces
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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