76 Rte 31 Washington, NJ 07882
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.