200 Kings Way Sewell, NJ 08080

Property Details for 200 Kings Way

Year built

1992

Property size

1,900 SF

Zone code

NC

Property type

Office Properties & Spaces

APN

18 00082- 100-00001-0000-C200A

APU

1800082100000010000C200A

Description

This exceptional 1,770 square foot office condo, located at 200 W Kings Way in Sewell, NJ, presents a fantastic investment opportunity. Situated on the second floor of a building with elevator access, ensuring ADA compliance, this property boasts a thoughtfully designed layout. The space includes four private offices, a spacious waiting area, a large reception area perfect for client interaction, a dedicated conference room for meetings, a convenient storage room, a fully equipped kitchen, and a recently renovated bathroom. Extensive renovations completed within the past two years encompass the bathroom, flooring, electrical systems, HVAC, and kitchen, ensuring modern functionality and efficiency. Currently, the property benefits from a strong tenant occupying three of the four offices, the reception area, and sharing communal spaces (bathroom, kitchen, and conference room) with the seller. The existing lease agreement generates a stable monthly rental income of $2,500 and extends until May 31st, 2025, providing immediate cash flow and a secure investment. This turnkey office condo is ready for immediate occupancy or continued lease income, making it an ideal acquisition for investors seeking a profitable and well-maintained property in a desirable location. The property is an office condo and does not include any land.

Location Insight

City

Sewell

County

Gloucester

State

New Jersey

Longitude

-75.0662

Latitude

39.7334

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments