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431 White Horse Pike

3,000 SF Vacant Office Building Magnolia, NJ 08049 £285,594 (£95/SF)

Executive Summary

Mix-Use Commercial Highway Property on a prime Corner lot is bursting with possibilities! Flexible Office space with lots of potential, and a private 2nd Floor Apartment to boast! This building is about 3000 sq ft with a fenced-in rear parking lot for 20+ cars, with additional side street parking. First floor (1500 sq ft) features a large, versatile Office space, 1/2 Bath, Break Area, and Utility/Storage room - perfect for professional Offices, Retail, Restaurant, place of Worship, etc! Light and bright Second floor (1500 sq ft) features a spacious Formal Living rm, Dining rm, Eat-in-Kitchen, 3 large Bedrooms and 1 Full Bath. HW flooring throughout the main living areas and tiled Kitchen + Bath. All separate utilities, 3 private entrances, 200 amp electric, updated Gas Heat + Central Air. This property includes a second 52 x 151 irregular lot that fronts on Ashland. Block 4, lots 16 & 15. Excellent location and visibility, sure to see any business thrive.

Property Facts Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,000 SF
Building Class
B
Year Built
1955
Price
£285,594
Price Per SF
£95
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,500 SF
Slab to Slab
9 ft
Building FAR
0.43
Land Acres
0.16 AC
Zoning
COMME - Commercial zoning
Parking
6 Spaces (2 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
23-00004-0000-00016
Land Assessment
£42,644
Improvements Assessment
£101,875
Total Assessment
£144,519
  • Listing ID: 30018745

  • Date on Market: 09/11/2023

  • Last Updated:

  • Address: 431 White Horse Pike, Magnolia, NJ 08049

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