56 N Route 130 | Bordentown, NJ 08505
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56 N Route 130
Bordentown, NJ 08505
Retail Property For Sale
Executive Summary
Located in Bordentown Township this income-producing 2,800 SF highway commercial property, on the southbound side of Route 130, is currently leased for $3,250/month to a long-term stable business until December, 2025 with extension options. The building underwent a full renovation in 2014 and was connected to the public sewer in 2019. This single-story, freestanding stucco building features a front section used as a reception area and storage, followed by an office area with a 1/2 bath and break area, separate full bath, a maintenance bay with an automatic overhead door, and a storage bay with a manual overhead door. Onsite parking and good signage provide excellent visibility and accessibility. Zoned highway commercial, this property permits a variety of uses.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,460 SF
Building Class
C
Year Built
1941
Price
$420,000
Price Per SF
$171
Cap Rate
7%
NOI
$29,400
Percent Leased
100%
Building Height
1 Story
Building FAR
0.08
Lot Size
0.70 AC
Zoning
HC - Highway Commercial
Parking
13 Spaces (5.28 Spaces per 1,000 SF Leased)
Frontage
146 FT on Route 130 N
PROPERTY TAXES
| Parcel Number | 04-00029-0000-00003 | Improvements Assessment | $193,500 |
| Land Assessment | $76,800 | Total Assessment | $270,300 |
PROPERTY TAXES
Parcel Number
04-00029-0000-00003
Land Assessment
$76,800
Improvements Assessment
$193,500
Total Assessment
$270,300
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