About 1590 5th St
Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use. Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues. Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.
Features of 1590 5th St
| MLS® # | NJME2049272 |
|---|---|
| Price | $950,000 |
| Bathrooms | 0.00 |
| Square Footage | 9,838 |
| Acres | 0.44 |
| Year Built | 1980 |
| Type | Commercial Sale |
| Sub-Type | Industrial |
| Status | Active |
Community Information
| Address | 1590 5th St |
|---|---|
| Area | Ewing Twp |
| City | EWING |
| County | MERCER-NJ |
| State | NJ |
| Municipality | EWING TWP |
| Zip Code | 08638 |
Amenities
| Utilities | Sewer Available, Electric Available |
|---|---|
| Parking | Paved Parking |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| # of Stories | 2 |
Exterior
| Exterior | Block |
|---|---|
| Roof | Flat, Shingle |
| Construction | Block |
Additional Information
| Date Listed | September 24th, 2024 |
|---|---|
| Days on Market | 406 |
| Zoning | COMMERCIAL |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | BHHS Fox & Roach Hopewell Valley |
|---|---|
| Contact Info | 6097379100 |