GT Luxury Group

33-35 E Washington Ave, Washington Twp., NJ, 07882

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$1,250,000
3 Days On Site

33-35 E Washington Ave
Washington Twp., NJ 07882

For Sale|Commercial Sale|Active
0
Beds
0
Total Baths
18,000
SqFt
$69
/SqFt
1900
Built
County:
Warren
Call Now: 973) 791-4092
Is this the listing for you? We can help make it yours.
973) 791-4092
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Excellent opportunity to own a fully renovated approximately 18,000-square-foot commercial property in the heart of Washington, Warren County, New Jersey. The property currently features an established storefront tenant generating $6,500 per month in rental income, while annual property expenses are approximately $20,000, including $14,000 in real estate taxes and $6,000 in property insurance.The building underwent extensive renovations approximately two years ago, providing a strong foundation for both current income and future investment potential. Improvements include a new HVAC system, new roof, new ceilings, updated flooring, plumbing improvements, and extensive interior renovations, allowing a new owner to benefit from a substantially improved property without the need for major immediate capital improvements.Beyond the existing commercial income, the property presents an attractive long-term redevelopment opportunity. The township may allow residential apartments to be developed above the existing commercial space, creating the potential for a mixed-use property combining retail and residential income. This flexibility provides an investor or owner-user with the opportunity to explore additional income-producing space and potentially increase the property's overall value through future redevelopment.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
3 Days
Bedrooms 
N/A
Inside Area (SqFt) 
18,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1900
MLS® Number 
4053511
Status 
Active
Property Tax 
$14,000
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoListing first seen on site
General Features
Garage 
Yes
Garage Spaces 
10
Parking Spaces 
10
Security 
Smoke Detector(s)
SqFt Total 
18000
Water Source 
Public
Zoning 
B2
Interior Features
Basement 
FullPartially Finished
Heating 
ElectricNatural Gas
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Exterior Features
Construction Details 
BrickVinyl Siding
Roof 
Asphalt
Listing courtesy of WEICHERT REALTORS

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Neighborhood & Commute
Source: Walkscore
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