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33244279
33244280

152 Altamawr Ave, LAWRENCE, NJ 08648-3808

MG
NJ 0458464
BHHS Fox & Roach Realtors
BHHS Fox & Roach Realtors
Listed by BHHS Fox & Roach Realtors
$650,000
12 days on market
Updated 8 days ago

Great Investment Opportunity 152 Altamawr Ave Lawrence Twp

Details
APN 1107_1309_7
Property Type Multifamily, Office (+1)
Sub Type Traditional Office, Executive Office (+1)
Square Footage 2,069
Units 20
Tenancy Single
Year Built 1949
Stories 2
Lot Size (SqFt) 12,944
Zoning R-4
Ground Lease No

About This Property

Marketing description

Prime opportunity to bring your business vision to life in this versatile commercial property located in a high-visibility, desirable location! Offering approximately 2,069 sq. ft. of commercial space, this property can be utilized as two separate units or occupied as one expansive space to suit a variety of business needs. Previously home to a Laundromat, Deli, and Hat Shop, the possibilities here are endless for retail, office, service businesses, mixed-use concepts, and more. In addition to the commercial space, the property also features two residential apartments consisting of a spacious 2-bedroom unit and a 1-bedroom unit, creating excellent income-producing potential. Convenient on-site parking for approximately 4–6 vehicles adds to the appeal for both business owners and tenants alike. Bring your imagination and unlock the potential of this unique mixed-use property in a fantastic location with endless possibilities!

This property has an ongoing case (NJDEP Case #06-12-08-1558-10) related to a former heating oil UST which was removed in 2006 and that onsite soils have been addressed and off-site remediation of soils and groundwater is in progress. Any potential buyer will most likely have a Phase I done, and possibly a Phase II to verfiy conditions. This process is moving forward with additional remedial work to address site groundwater and offsite conditions pursuant to NJDEP requirements. Envirornmental Remediation Status Paperwork is attached in the document section. Please call Listing Agents for Access Mike Gerstnicker (609) 306-3772 or Maryann Petito (609) 405-6609.

Investment highlights


Listing Contacts

MG
NJ 0458464
BHHS Fox & Roach Realtors
BHHS Fox & Roach Realtors
Listed by BHHS Fox & Roach Realtors

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