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26-28 S Centre Street

MERCHANTVILLE, NJ 08109
  • $799,000
  • STATUS: Active
  • ON SITE: 129 Days
  • ID#: NJCD2057050
UPDATED: 73 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1942
County:

School Information

Elementary School:
High School:
School District:

Description

New Ownership! Elevator Serviced Two-Story Office/Retail Building. Located in the heart of the Merchantville's Redevelopment in the Triangle. Plans to break ground late 2023 include improved greenways, pedestrian walkways and outdoor amenities. 26-28 S Centre features x4 potential office suites that can be delivered individually or as one contagious 11,000 square marquee headquarter space. Two out of 4 potential Leases are signed. Kitchen and Bath store did extensive build out and rented rented 2k sq ft downstairs for $2k per month plus all utilities . 3k Sq St Upstairs is rented for $3,300 per month. All leases have 3% annual increases. Two suites still vacant. Leases currently being negotiated. The suites are fully built out for professional office use and feature private offices, built in work stations, conference rooms, wet kitchen and bathrooms. There is an elevator that connects floors 1 and 2 in addition to a stairway. All systems and electric have been redone recently and this mint condition space is move in ready! Taxes are being appealed, seller is anticipating drastic reduction in annual Property Taxes.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
www.newhometeammd.com/homes/144583626
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26-28 S Centre Street MERCHANTVILLE, NJ 08109

  • Price: $799,000
  • Status: Active
  • On Site: 129 Days
  • Updated: 73 min ago
  • ID#: NJCD2057050
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1942
Built
Neighborhood:
Merchantville Boro (20424)
County:
Camden
Area:
Merchantville Boro (20424)
Elementary School:
Merchantville
High School:
Pennsauken
School District:
Merchantville Public Schools
Property Description
New Ownership! Elevator Serviced Two-Story Office/Retail Building. Located in the heart of the Merchantville's Redevelopment in the Triangle. Plans to break ground late 2023 include improved greenways, pedestrian walkways and outdoor amenities. 26-28 S Centre features x4 potential office suites that can be delivered individually or as one contagious 11,000 square marquee headquarter space. Two out of 4 potential Leases are signed. Kitchen and Bath store did extensive build out and rented rented 2k sq ft downstairs for $2k per month plus all utilities . 3k Sq St Upstairs is rented for $3,300 per month. All leases have 3% annual increases. Two suites still vacant. Leases currently being negotiated. The suites are fully built out for professional office use and feature private offices, built in work stations, conference rooms, wet kitchen and bathrooms. There is an elevator that connects floors 1 and 2 in addition to a stairway. All systems and electric have been redone recently and this mint condition space is move in ready! Taxes are being appealed, seller is anticipating drastic reduction in annual Property Taxes.
Exterior Features

Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 11000.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 11000.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Other/General RetailApartment BuildingProfessionalOtherHealth Club Central Air YN Yes Cooling Fuel Natural Gas Foundation Details Permanent Heating Fuel Natural Gas Hot Water Natural Gas Municipality MERCHANTVILLE BORO Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802683570986 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 45927.00 Tax Assessment Amount 945400.00 Tax Lot 00027 Vacation Rental YN No Water Source Public Zoning R

Listing courtesy of Keller Williams - Main Street: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-26T23:52:57.307.
 
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