1. New Jersey
2. Elmer
3. 399 FRONT STREET

399 FRONT STREET, Elmer, NJ 08318

Property Description

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.

Listing Status:

Active

Date Added:

June 6, 2025 at 05:00AM

Listing Office:

Warner Real Estate & Auction Company : 8567694111

Listing Agent:

Richard G Warner : 8567694111

MLS ID:

NJSA2015066

Interior

• Flooring: CarpetLaminatedTile/Brick
• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Disability Feature: Other

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Richard G Warner, Warner Real Estate & Auction Company