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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
Office
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)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-00001-0000-00048
Land Assessment
£252,953
Improvements Assessment
£417,697
Total Assessment
£670,650
  • Listing ID: 27500301

  • Date on Market: 12/01/2023

  • Last Updated:

  • Address: 1401 New Rd, Linwood, NJ 08221

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