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531 Mantua Ave

12,250 SF Retail Building Woodbury, NJ 08096 $1,500,000 ($122/SF)

Investment Highlights

  • Located on Main Rd in the heart auto mobile row. Ongoing transmission for 26 yrs.

Executive Summary

TURNKEY TRANSMISSION BUSINESS AND REAL ESTATE OPPORTUNITY. Geographically, this property is strategically located amidst Woodbury’s bustling automobile row, a lively hub of automotive businesses. This location boasts of a daily traffic count of approximately 20,000 vehicles. In such a setting, your business will benefit from a rich network of related businesses and services.
Built of masonry construction with 10-foot overhead doors, this 12,250 sf turnkey property is both sturdy and durable with a new concrete roof, creating a base for any heavy-duty business engagements. Included are seven vehicle lifts and two heavy duty air compressors. The lifts represent Industry-grade lifting solutions designed to efficiently handle a wide array of vehicles with diverse specifications. Compressors are made to deliver consistent and reliable pressure levels for all auto industry service needs. Ultimately, this property provides a dedicated transmission assembly room. This area allows for precise work conditions, aiding in assembly or repair of transmissions.
No pressure to build a business, acquire a thriving transmission business along with the real estate. Goodeal Transmissions has a solid reputation and loyal customer base. Continue operating the successful business of 26 years or explore other commercial uses for the property. Once in a lifetime opportunity. Call to arrange a viewing of this opportunity. Qualified investors only. Visitation by appointment only.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
12,250 SF
Building Class
C
Year Built
1960
Price
$1,500,000
Price Per SF
$122
Tenancy
Single
Building Height
1 Story
Building FAR
0.31
Land Acres
0.92 AC
Zoning
C2 - Commercial
Parking
40 Spaces (3.27 Spaces per 1,000 SF Leased)
Frontage
95 FT on Mantua Ave

Amenities

  • Bus Line
  • Pylon Sign
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
22-00053-0000-00006-04
Land Assessment
$199,300
Improvements Assessment
$220,700
Total Assessment
$420,000
  • Listing ID: 31000196

  • Date on Market: 2/20/2024

  • Last Updated:

  • Address: 531 Mantua Ave, Woodbury, NJ 08096

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