1401 New Rd
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1401 New Rd
6,136 SF 54% Leased Office Building Linwood, NJ 08221 £753,465 (£123/SF)
Investment Highlights
- Features 6,136 square feet of office space, spread across two stories.
- Provides functional and well-maintained office space suitable for various professional uses.
- Includes 7 dedicated parking spaces for employees and visitors.
- Built in 1994 with a solid wood frame construction.
- Set on 0.87 acres, offering room for potential expansion or additional amenities.
- Zoned for business use, supporting a range of commercial activities.
Executive Summary
The office building at 1401 New Road provides 6,136 square feet of Class B office space in a two-story wood frame construction on 0.87 acres, with 30+/- parking spaces and zoned for business use, available for sale at $957,000, making it a prime opportunity for an owner-user investment.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
6,136 SF
Building Class
B
Year Built
1994
Price
£753,465
Price Per SF
£123
Percent Leased
54%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
3,434 SF
Building FAR
0.16
Land Acres
0.87 AC
Zoning
B - Linwood business zone
Parking
7 Spaces (1.14 Spaces per 1,000 SF Leased)
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PROPERTY TAXES
Parcel Number | 14-00001-0000-00048 | Improvements Assessment | £417,697 |
Land Assessment | £252,953 | Total Assessment | £670,650 |
PROPERTY TAXES
Parcel Number
14-00001-0000-00048
Land Assessment
£252,953
Improvements Assessment
£417,697
Total Assessment
£670,650
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1401 New Rd
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