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$1,250,000
43 Days On Site

399 FRONT STREET
ELMER, NJ 08318

For Sale|Office|Active
0
Beds
0
Total Baths
9,008
SqFt
$139
/SqFt
2012
Built
County:
SALEM
Listing courtesy of Warner Real Estate & Auction Company
Call Now: 717-569-8701
Is this the listing for you? We can help make it yours.
717-569-8701
399 FRONT STREET399 FRONT STREET399 FRONT STREET399 FRONT STREET
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Monthly Payment (Est.)

$5,703
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Attention Savvy Investors... Here's the sound real estate investment you have been looking for to add to your portfolio. Check out this 9,008 +/- sf ( 8,721 +/- sf net rentable area) one-story, four-unit commercial building sitting on 1.95 +/- acres. This property is well designed for medical professional services. You will appreciate this well constructed multi-tenant masonry and steel framed office building with a multi-angle pitched roof. This prime property offers 81 +/- parking spaces (including 4 designated for handicapped parking) on a macadam covered parking lot, pole-mounted lighting, concrete curbing and sidewalks and professional landscaping. The property is in the Zone X flood zone and the RP/LR-1 zoning district. The four (4) units layout are the following: Suite A - 1811 +/- sf , Suite B & C - 2391 +/- sf , Suite D - 1979 +/- sf and Suite E - 2352 +/- sf. Three of the four units are currently leased, and utilities are separately metered. The current gross annual income for the three leased units is $110,304 plus a pro-rata share of the expenses as additional income. Great location – walking distance to Inspira Medical Center and just minutes to Route 40 and Route 55. There is a 45kW natural gas powered Generac generator, which provides back-up power for Suites B and C . Great replacement property to complete a 1031 tax deferred exchange.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
43 Days
Bedrooms 
N/A
Inside Area (SqFt) 
9,008 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.95 Acres
Year Built 
2012
MLS® Number 
NJSA2015066
Status 
Active
Property Tax 
$47,081
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a month agoStatus changed to Active
a month agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
1.95
Additional Property Use 
Commercial
Foundation 
Concrete Perimeter
Number Of Stories 
1
Parking 
PrivatePavedParking Lot
Parking Spaces 
81
Property Sub Type 
Office
Sewer 
Septic Tank
Special Circumstances 
Standard
SqFt Total 
9008
Utilities 
Cable AvailableNatural Gas AvailablePhone AvailableWater AvailableElectricity Available
Water Source 
Public
Zoning 
RP/LR-1
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central AirElectric
Flooring 
LaminateCarpet
Heating 
Natural GasForced Air
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Exterior Features
Roof 
Metal
Community Features
MLS Area 
Elmer Boro (21703)
Roads 
Paved
School District 
PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
Schools
School District
PITTSGROVE TOWNSHIP PUBLIC SCHOOLS
Elementary School
ELMER E.S.
Middle School
ELMER
High School
ARTHUR P. SCHALICK H.S.
Listing courtesy of Warner Real Estate & Auction Company



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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