475 Westminster Place new

Lodi,NJ 07644

$ 1900000

- Bed

0 Bath

14200 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 14,200 sqft

Price per Sqft $133

Municipality Lodi (LOD)

MLS Listing ID 22521453

Year Built 1936

Annual Tax Amount $47,296

Tax Year 2024

Lot Size 4,791 Sqft

Acres 0.11

Lot Dimensions 46 x 104

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

Property Description

CASH COW INVESTMENT OPPORTUNITY OR PERFECT OPPORTUNITY TO KNOCK DOWN AND REDEVELOP INTO APARTMENTS. 5 LOTS AND 14,200 SQARE FEET. CURRENT OCCUPANTS ARE FMR CONSTRUCTION, POWER TRAIN, SERVICE MASTER, CARPIOLIN BUS, B&K CONSTRUCTION, AND NORMA GROUP. PROPERTY INCLUDES 15 HILLSIDE, 494 FARNHAM, 477 WESTMINSTER PL, 475 WESTMINSTER PL, AND VACANT PARKING LOT AS WELL. RENT ROLL IS UNDER MARKET DUE TO LONG TERM TENANTS THAT ARE ALL ON A MONTH TO MONTH LEASE. BUILT IN 1940. PROPERTY CLASS IS 4B. TENANTS PAY ALL UTILITIES. GREAT OPPORTUNITY!

Location

State NJ

County Bergen

Area None

Direction GPS

Interior

Heating Baseboard

Exterior

Parking Features Parking Lot

Garage Spaces 10.0

Private Pool No

Building

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 31-00004-0000-00043

View More
Favorite Go Tour