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Retail Downtown Location and Resid. Home 416 Raritan Ave

2,856 SF 100% Leased Retail Building Atco, NJ 08004 $299,000 ($105/SF)

Executive Summary

HUGE PRICE IMPROVEMENT! Zoned Town Center Commercial. **COMMERCIAL LOAN OR CASH ONLY.** Welcome to 416 Raritan situated on the corner of Raritan and Atco Ave., in the heart of Atco Town Center; across from Brotherton Brewing Company in Waterford Township zoned TC (Town Commercial District). Circa 1910 duplex; storefront and owner occupied or investment rental. The former Chocolate Heaven Candy Store was a staple in the region for many years! Walk up the steps and notice the two massive display windows with lighting. Enter an impressive 18’ x 20’ retail space with 4” plank flooring. The rear of the shop is a 17’ x 19’ space with updated flooring, triple sink wash station, prep sink, stationary tub and ½ bath. The residential side offers a wrap around porch, Open living and dining rooms w/wood burning stove, 9ft ceilings, original 7” baseboards, built-in China cabinet and an updated kitchen with recessed lighting, ductless air conditioning, tiled flooring, stainless package and walk in pantry. Family room situated between the Dining room and Store backroom with ductless air conditioning and half bath. 2nd floor has original pine flooring, laundry, 4 large, bright bedrooms with oversized windows and large hall bath. Double hung, vinyl, replacement windows throughout. Large side and rear fenced in yard complete with 2 car detached garages and driveway. Leased solar panels. Updated electrical panels, Natural Gas, Public Water, Sewer and blend of Ductless and window a/c units. Offered as-is but do not let that deter, this is an amazing property in a prime location with plenty of street parking! Contact Zoning directly for specific uses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,856 SF
Year Built
1900
Price
$299,000
Price Per SF
$105
Percent Leased
100%
Building Height
3 Stories

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
35-01009-0000-00005
Land Assessment
$77,400
Improvements Assessment
$162,400
Total Assessment
$239,800
  • Listing ID: 33858241

  • Date on Market: 11/13/2024

  • Last Updated:

  • Address: 416 Raritan Ave, Atco, NJ 08004

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