Peeples Property

Retail-Commercial for Sale
Catylist Listing ID: 29925892
Building Size (RSF): 6,026 SF
Gross Building Area: See Agent
Sale Price: $350,000
Unit Price: $58.08 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Other
Cap Rate: Undisclosed
Last Updated: 7/31/2017

Overview / Comments

The property is improved with a one and partial two story 6,026+/- SF automotive repair/facility. The building was constructed in the 1940’s+/-.

The first floor is block and masonry with stucco exterior. The partial second floor is frame construction. The main service area of the first floor has 4 bays. The ceiling height is 14+/- feet clear. The overhead doors are 10+/- feet high. There is an additional bay with an overhead door on the side facing Willow Street. At one time this section was a car wash tunnel with an additional overhead door on the other side of the building.

At the entrance there is a waiting room and customer service area with a handicap accessible half bath. The rear section of the first floor with an overhead door is currently used for storage. The second floor was a two bedroom apartment but is currently unoccupied and would require renovation. This rear section facing North Willow Street is fenced in and has an additional parking area.

Flat rubberized roof with two billboards mounted on top. The rent for both is $175.00 monthly.

The service/shop area is heated via 2 gas fired ceiling mounted force air heaters. The waiting area, business office and half bath are electric baseboard heat. The rear space facing North Willow is unheated. The electrical service to the building is two phase 220+/- amp.

Additional Details

Nearest MSA: Trenton
County: Mercer
Zoning: CANAL DISTRICT OVERLAY DEVELOPMENT ZONE
Property Located Between: North Willow Street
Number of Stories: 1
Year Built: 1940
Total Parking Spaces: 25
Heat Type: Electricity
Zoning Description: Business A District (BA): The district allows for the following uses among others: Retail Sales and Services, Professional and Business Offices, Restaurants. Auto repair is considered a legal pre-existing non-conforming use.
Lot Frontage: 168
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 31,542 157,427 292,755
Median Age: 34.37 35.53 37.89
Households: 12,631 56,587 106,729

Contact

Photograph of Listing Agent

Steven Marusky

Richardson Commercial, LLC Realtors
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