1. New Jersey
2. Ewing
3. 1590 5TH STREET

1590 5TH STREET, Ewing, NJ 08638

Property Description

Two fully leased buildings with a 9% Cap Rate. Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 14.5 ft clear height and 6 vehicle lifts and is an existing auto use. Tenant in Building 2 is on a three year lease. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the 500 years flood plain, however there is a pump system installed to minimize any flooding issues. Seller will consider seller financing for a well qualified buyer with appropriate down payment. Property is located in Sub Area 8 of Olden Avenue Redevelopment Plan.

Listing Status:

Active

Date Added:

September 24, 2024 at 05:00AM

Listing Office:

BHHS Fox & Roach Hopewell Valley : 6097379100

Listing Agent:

Gough W Thompson III : 6094683838

MLS ID:

NJME2049272

Interior

• A/C: Central A/C
• Heating: YForced AirNatural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Gough W Thompson III, BHHS Fox & Roach Hopewell Valley