807 & 809 W Evesham Ave, Magnolia, NJ 08049
- $200,000
- List Price
- $200,000
- Price Change
- ▼ $100,000 1726273283
- Days on Market
- 46
- Status
- PENDING
- MLS#
- NJCD2073082
- Lot Size (Acres)
- 0.07
- Year Built
- 1962
- County
- Camden
- School District
- Sterling High
Property Description
RARE INVESTMENT OPPORTUNITY!!! 2 Interior units in a 6 unit strip mall on busy secondary corridor. 807 & 809 are separately deeded, and 20 x 40 (800 SF Each- Total 1,600 SF). Nail Salon pays $850. monthly with 3 years left on a 5 year lease (graduated at $50. annually). Chinese restaraunt pays $1,000. month to month. Owner pays Sewer, CCMUA, taxes and property insurance. Tenant pays gas, electric and water. and business insurance. 807 and 809 are significantly under rented....please do not negotiate the sales price based on the present rents, it has been taken into consideration with the sales price. Gas Forced Heat, Central A/C, High Visibility Signage, 150-200 amp service, and 4 lined parking spaces w/Concrete Stops. 801 and 811 are owned and deeded separately, but not for sale currently. They are not my clients, but any potential buyer may be able to facilitate a sale with them in the future. Units will not be sold separately.
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Additional Information
- Area
- Magnolia Boro (20423)
- Taxes
- $5508
- School District
- Sterling High
- Heating
- Forced Air
- Heating Fuel
- Natural Gas
- Cooling
- Central A/C
- Water
- Public
- Sewer
- Public Sewer
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Listing courtesy of Panaro Realty. Contact: (856) 931-5001