1120 Main St Williamstown, NJ 08094
- Commercial real estate
- 2,790 SF
- 0.32 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1120 Main St
- Year built
- 1992
- Construction
- FRAME
- Lot size
- 0.32 lot acres
- Property size
- 2,790 SF
- Property type
- Commercial real estate
- APN
- 11 03303-0000-00038
- APU
- 1103303000000038
Description
This exceptional Williamstown, NJ office building presents a unique investment opportunity. Boasting 2,790 square feet on a 0.32-acre lot, this property offers unparalleled visibility with frontage on both Black Horse Pike and South Main Street. Currently configured as two separate, identically sized units (1,320 sq ft each), each unit features a reception/office area (16x21.5 ft), a private office (14x21.5 ft), ample storage closets, a bathroom, and its own separate entrance to a full, finished basement (1,320 sq ft each). The building's layout provides flexibility for a variety of business uses. Separate utilities metering for each unit allows for efficient cost management. One unit is currently occupied by a tenant, while the other is vacant and readily available for immediate showing. This property is ideal for business owners seeking high exposure and versatile space to expand their operations. The substantial basement area provides additional storage or workspace, doubling the usable square footage. Don't miss this chance to secure a prominent location in a thriving area. Priced at $299,890.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $315,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $270,000
- 6.5%
- $240,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $245,000
- Geo Method
- $270,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $285,000
- Retail
- $255,000
- Mixed-Use
- $240,000
- Hospitality
- $265,000
- Educational
- $255,000
- Residential Income
- $250,000
- Energy
- $240,000
- Income-Based Land
- $240,000
- Food Service
- $255,000
Location Insight
- Map
- Local Demand
- City
- Williamstown
- County
- Gloucester
- State
- New Jersey
- Longitude
- -74.9804
- Latitude
- 39.6747
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA