Views - Lease to Own
Address
201 11Th Street, Hammonton, NJ
Price
$ 324,900
Property Attributes
- MLS#NJAC2009714
- TypeCommercial
- CountyATLANTIC
- CityHammonton
- AreaHammonton Town
- Zip08037
- StyleApartment Building,Auto Related,Car Wash/Truck Was
- Year Built1960
- Taxes$ 2914
- Price$ 324,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage1600
- Lot Size0.73 Acres
Data Source:
Bright MLS
Property Description
A rare development and/or investment opportunity..... located within a block from the Hammonton NJ Transit station, with service to Philadelphia and Atlantic city, and, a short walking distance to Hammonton's Business district's fine restaurants, professional businesses, retail stores, and shopping. This mixed used corner property has endless usage possibilities, such as professional, civic, even a residential sub-division, if approved by the township. Presently being used as a warehouse....as you can see in the photos. The building will be vacated upon ownership transfer. This property has the location, customer and/or client base, and flexibility to meet almost any current or business needs. ...simply because it's priced right to sell. The present building has a stucco finish and is pretty much open with two large areas consisting of an 8 ft opening between the two. One area consists of an estimated 20' x 24 SF with a concrete pad. The second area is 50' x 20', ....wood flooring. Presently has no HVAC. Could be torn down for development, or rehabilitated. The seller had an architect certify that a second story could be built, and that the foundation could handle the load. It has a newer dimensional roof and gutter system. It also comes with two sewer connections.....at each end of the lot. So, there are many options that could be implemented with township approvals. The crawl space is vented. The building sits on an estimated .73 of an acre (240'x133'). ....which is a premium lot. There could be the option for a sub-division. Hammonton's downtown district has been growing for the past 20 years. The downtown area includes Bellevue Avenue, Central Avenue, Vine street, Second Street, Third Street, Twelfth Street, Egg Harbor Road, Front Street, West End Avenue, Railroad Avenue and Washington Street. The downtown includes art galleries, restaurants, wine and sports bars, banks, clothing stores, offices, a theatre, a park, and a college satellite campus, attracting shoppers from South Jersey. Every year Hammonton hosts the Red, White and Blueberry festival, Our Lady of Mount Carmel festival and the Hammonton wine festival. Mount Carmel's Italian Festival dates back to 1875 and is considered the oldest such continuously run festival in the United States. Other festivals include; Hammonton Fall Beer Festival, Teen Arts Festival, Hammonton Food Truck Festival, Hammonton Green Day Festival, and Crusin Main Street. Conveniently located to the Garden State Parkway & Atlantic City Expressway. Estimated 25-30 Minute trip to Atlantic City and 45 Minutes to Philadelphia, and an hour & half to New York. Short distance to the White Horse Pike Route 30, US Route 40 Black Horse Pike, Route 54, US 73, and Route 206 is less than a few blocks east. Very close to many shopping areas, fast food restaurants, & Hammontons main street and businesses. It most certainly is strategically located in the Business Area .....close to the newly built WAWA, Rt. 30 Traffic, ...and, minutes from Main Street. Property being sold "As Is", All certifications and inspections are the responsibility of the buyer. All inspection reports are for informational purposes only, there will not be any concessions, nor any repairs made by the seller.
| Price History | |
|---|---|
| 10/22/2023 | Listed $324,900 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | None |
| Cooling | None |
| Utilities | Above Ground,Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available |
| Possession | 0-30 Days CD,120-180 Days,31-60 Days CD,61-90 Days CD,90-120 Days CD,Immediate,Negotiable,Settlement |
| Roof | Shingle |
| Zoning | COM |
| Construction Materials | Stucco,Block,Masonry |
| Year Built | 1960 |
| Electric | 100 Amp Service |
| View | Street,Trees/Woods |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Apartment Building,Auto Related,Car Wash/Truck Wash,Cold Storage,Convenience Store/Gas,Day Care Facility,Flex,Institutional,Manufacturing,Medical,Other/General Retail,Pad Site,Parking Lot,Professiona |
| Accessibility | None |
| County | ATLANTIC |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Automotive,Convenience Store,Day Care,Dry Cleaner,Financial,Flex Space,Florist/Nursery,Food & Beverage,Food Market,Investment,Multi-Family,Office,Printing,Professional Service,Recreational,Residentia |
| Water Access Y/N | No |
| Property Use | Owner User |
| Status | ACTIVE |
| Directions | East on White Horse Pike,Right on Route 54,Left on S. Egg Harbor Rd,Right on 11th,Street one block past NJ Transit Station on Right. Corner of S. Washington Street & 11 th.,Street. |
| ModificationTimestamp | 2024-05-18T06:10:42 |
| City | HAMMONTON |
| Buyer Agent Compensation | 2.5 |
| MLS Area | Hammonton Town (20113) |
| Lot Size Square Feet | 31798.80 |
| Tax Assessed Value | 106100.0 |
| Waterfront Y/N | No |
| Street Name | 11TH |
| Tax Annual Amount | 2914.0 |
| Price Per Sq Ft Total | 203.06 |
| Acceptable Financing | Conventional,Lease Purchase |
| Vacation Rental Y/N | No |
| Days on Market | 210 |
| Location Type | Downtown |
| Standard Status | Active |
| Year Built Source | Assessor |
| Tax Lot | 00005 |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | None |
|---|---|
| Flooring | Wood |
| Hot Water | None |
| Street Suffix | STREET |
| Central Air Y/N | No |
| Clear Span Ceiling Height | 10' to 12' |
Exterior Features
| Lot Features | Cleared,Corner,Level,Partly Wooded,Rear Yard,Road Frontage,Subdivision Possible |
|---|---|
| Water Source | Public |
| Type of Parking | None |
| Foundation Details | Brick/Mortar |
| Water View Y/N | No |
| Building Area Total | 1600.00 |
| Lot Dimensions | 240.00 x 133.00 |
| Lot Size Acres | 0.73 |
| Road Surface Type | Paved |
| Road Frontage Length | 240 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Road Responsibility | Boro/Township |
| Land Assessed Value | 54800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Fencing Y/N | No |
| LotDimensionsSource | Assessor |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08037
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