389-397 HARDING HIGHWAY Elmer, NJ 08318

$999,000
389-397 HARDING HIGHWAY, Elmer, NJ 08318
1003278915

Commercial Property for sale in Elmer, NJ

for $999,000. This 10,640 square foot building was built in 1988 on a lot size of 300 X 675.

Property Information

  • $999,000
  • Commercial
  • 10,640 Square Feet
  • Taxes are $26,804
  • Other / Unknown
  • Active
  • Lot size of 300 X 675
  • Built in 1988
  • Elmer, NJ
  • Salem County
  • MLS/Web ID is 1003278915

 Virtual Tour

Description

Incredible Investment Opportunity on busy Route 40 in Elmer/Pittsgrove area. One of the few Retail Shopping Centers in the entire area this building consists of over 10, 000 Square Feet of space is currently set up as 7 Units. There is plenty of parking available with space for over 90 vehicles. Located in a High Traffic Count Area creating awesome visibility with tons of drive by exposure for your business. The proximity is great within a short distance to Route 55, not far from Delaware, and along one of the summer routes to the Jersey Shore. Total Annual Gross Income: $123, 108. Annual Expenses: $41, 734. Net Annual Income: $81, 374. One unit is currently vacant. If you are looking to open your own business, expand an existing business or just looking for another location this is a perfect opportunity. This building is located next to an existing NAPA Auto Parts store and close to the Kountry Kitchen. The building will be sold with Approximately 4 Acres of ground. Parcel will be a portion of Lot #7 and is currently part of a minor subdivision that is in process. This is a Confidential Sale. Please Do Not Approach any of the Existing Tenants.

Room Information

  • Master Bedroom

Interior 5

Heating Source

  • Electric
  • Natural Gas

Heating System

  • Hot Water Heater: Electric

Interior

  • Walls: Paneled

Sewer

  • On Site Septic

Water Source

  • Well

Exterior 6

Foundation

  • Concrete
  • Masonry
  • Slab

Lot Description

  • Level/Flat

Parking

  • Parking Lot
  • Paved

Road Frontage

  • State Road
  • US Highway

Roof

  • Pitched/Sloped
  • Shingle Roof

Siding

  • Block Exterior

Miscellaneous 6

Accessibility

  • Mobility Improvements

Commercial

  • Private Restroom
  • Restroom(s)

Location

  • Near Highway
  • Strip Mall

Maintenance Fee Includes

  • Gas
  • Trash/Garbage Pickup

Other

  • CPVC/PVC Plumbing

Utilities

  • Cable TV Available
  • Electric
  • Gas
  • Phone

Rental 2

Rent Includes

  • Insurance
  • Parking
  • Snow Removal
  • Taxes

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Neighborhood & Schools

School District: PITTSGROVE TOWNSHIP PUBLIC SCHOOLS

 See complete school information

Listed By

Listing Agent: Kathleen Smith
Broker: Weichert Realtors
Office: Mullica Hill

389-397 HARDING HIGHWAY, Elmer, NJ, 08318 is a Commercial Property for sale at $999,000 with 10,640 sqft and a lot size of 300 X 675. 389-397 HARDING HIGHWAY was built in 1988. The property's zip code is 08318 which is in Elmer, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Elmer $337,092 66 % below $225,000 77 % below
Commerical listings in Elmer $825,863 17 % below $597,000 40 % below
Sold listings in Elmer $168,097 83 % below $179,000 82 % below

Get the facts about Elmer, NJ!

Population 1,418
Population Growth (since 2000) 2 %
Median Income $64,625
Median Age 39.77
Households w/ Children 35 %

Residential Dwellings

  • Owned 371
  • Vacant 36
  • Rented 174

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