948 Alexander Rd - Retail FOR SALE


West Windsor, NJ 08550
$799,000 USD
732-794-8195
948 Alexander Rd, West Windsor, NJ for Sale
$799,000 USD
Retail - FOR SALE
1/35
null | 5.63% Cap Rate

948 Alexander Rd
West Windsor, NJ 08550


HIGHLIGHTS

  • heavy traffic, train station

OVERVIEW

Prime investment opportunity. Business on 1st ground floor & apt on 2nd. Building is 3600 sq ft. Located between Scott & Berian Ave’s; Restaurant is Brothers. $2500 X 12 mos upper = $30,000 and $600 X 52 wks Brothers =$31,200 Total $61,200. Second floor boasts 3 bedrooms, a very large one in rear, approx. 20 x 25 w cathedral ceiling, w a 20’ X 12’ deck w entrance from a pleasant back yard. Bedrooms towards the front approx 13’ X 14’ & 12’ X 12’. Apartment boasts a large open concept living / kitchen area. Front bath has new tile, floors and windows less than 5 yrs old and new carpet. Please see Living area pic & large rear bedroom. 2 blocks to NYC/ Philadelphia train station. Landlord pays taxes $13,474 yr and water sewer $2700 yr. Restaurant owns equip.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$222 USD /SF

CAP RATE

5.63%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,278 SF

ZONING

R1A

APN/PARCEL ID

13-00075-0000-00005

ASK ABOUT THIS PROPERTY

Alzira FarinhasRE/MAX InnovationMore Info
732-794-8195

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Alzira FarinhasRE/MAX InnovationMore Info
732-794-8195

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.