Commercial Building on the Corner of a Signalized Intersection Shared with Rite Aid and TD Bank

  • $499,000
1100 Atlantic Ave
  • Retail
  • Property Type

Commercial Building on the Corner of a Signalized Intersection Shared with Rite Aid and TD Bank

1100 Atlantic Ave
  • $499,000

Overview

Property ID: LCRE-LCRE-5338
  • Retail
  • Property Type
  • Address 1100 Atlantic Ave
  • State/county New Jersey
  • Zip/Postal Code 08401

Details

Updated on December 22, 2021 at 12:42 pm
  • Property ID: LCRE-LCRE-5338
  • Price: $499,000
  • Year Built: 2000
  • Property Type: Retail
  • Property Status: Sold
  • Building SqFt: 3,758± SqFt
  • Block #: 138
  • Lot #: 2
  • Current Occupancy: Vacant
  • Lot Dimensions: 64' x 150'
  • Lot Size: .22 Acre
  • Number of Washrooms: 2
  • Number of Buildings: 1
  • Number of Stories: 2
  • Parking Type: Paved, Off-Street
  • Frontage: 64'
  • Zoning: CBD
  • Total Assessment: $751,600
  • Assessed Land Value: $240,000
  • Improvement Value: $511,600
  • Tax: $41,533
  • Tax Year: 2019
  • Air Conditioner: Central Air
  • Also Available: Furnishings, Fixtures, Equipment
  • Exterior Features: Signage
  • Construction/Siding: Stucco
  • Heating: Forced Air, Gas - Natural
  • Hot Water: Gas
  • Interior Features: Elevator - Freight, Fire Sprinkler System, Restroom(s), Security Features, Storage, Refrigerator/Freezer
  • Location: Business District, Corner
  • Sewer: Public
  • Style: Commercial
  • Water: Public

Description

Great Opportunity to Own a Commercial Building on the Corner of a Signalized Intersection Shared with Rite Aid and TD Bank. Located in the Central Business District, one block from the court house, and surrounded by several corporate office buildings and large hotels offering an abundant lunch crowd, and business, all within walking distance. Building was constructed in 2000 with no expense spared, plus additional paved off-street parking lot and plenty of signage. Previous use was a restaurant take-out establishment with covered outside seating area. The building is equipped with hood systems, grill and prep area, dish-washing station, two large walk-ins, plus bonus second floor offering employee & storage area, additional hood system that was never used, and stair and elevator access. Must see to appreciate, call for marketing package. Please note this is a real estate only sale, current business name will be removed. Equipment negotiable.

All information is from sources deemed to be reliable; however, no warranty or representation is made as to the accuracy of the information provided herein by LEVIN Commercial Real Estate, LLC. (its principals, employees or agents). All information is submitted subject to errors, omissions or changes of availability and/or terms, which may be changed without liability upon discovery or notice. Many factors affect property value and the prospect agrees to take full responsibility for adequately investigating any potential conditions that may affect their ownership or usage of the property. All are advised and expected to retain competent advice for legal, financial, construction, architectural, engineering or appraisal matters, or any similar expertise, as LEVIN Commercial Real Estate, LLC. is a real estate brokerage firm and does not represent itself as a qualified professional in any other discipline.

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