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Exxon 668 New Rd

1,564 SF Vacant Retail Building Somers Point, NJ 08244 $650,000 ($416/SF)

Investment Highlights

  • Corner Location in the heart of Somers Point on Route 9
  • Motivated Seller

Executive Summary

Prime corner location on Route 9 in Somers Point, NJ. This retail property, built in 1965, features a service station with a two-bay garage and gas station. The building offers a gross leasable area of 1,564 SF on a single floor and is set on 0.43 acres. It includes 15 surface parking spaces and is zoned HC-1. The property is currently vacant and presents various opportunities. The sale is on an AS-IS basis, and the buyer will be responsible for obtaining any necessary certificates for occupancy.

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Service Station
Building Size
1,564 SF
Building Class
C
Year Built
1964
Price
$650,000
Price Per SF
$416
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Land Acres
0.43 AC
Zoning
HC-1 - Business District
Parking
15 Spaces (9.59 Spaces per 1,000 SF Leased)
Frontage
150 FT on New Street (route 9)

Amenities

  • Corner Lot
  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-01422-0000-00001
Land Assessment
$427,500
Improvements Assessment
$122,500
Total Assessment
$550,000
  • Listing ID: 33140950

  • Date on Market: 9/11/2024

  • Last Updated:

  • Address: 668 New Rd, Somers Point, NJ 08244

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