Westville, NJ 08093,212 GATEWAY BLVD
Westville, NJ 08093,212 GATEWAY BLVD
Westville, NJ 08093,212 GATEWAY BLVD
Westville, NJ 08093,212 GATEWAY BLVD
Westville, NJ 08093,212 GATEWAY BLVD
Westville, NJ 08093,212 GATEWAY BLVD
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$ 650,000
Est. payment | /mo

5,516 SqFt


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$ 650,000
Est. payment | /mo
Save

5,516 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,516 sqft

Price per Sqft $117

MLS Listing ID NJGL2053670

Originating Board BRIGHT

Year Built 1928

Annual Tax Amount $13,297

Tax Year 2024

Lot Size 9,714 Sqft

Acres 0.22

Lot Dimensions 0.00 x 0.00

Property Sub-Type Mixed Use

Property Description

Attention Investors and Business Owners!!! Don't miss out on this incredible opportunity in Westville, NJ. This mixed-use property offers a fantastic chance to offset your mortgage with passive income while also providing versatile business space (3,200+/- sq. ft of office space). The property features three fully rented residential units, each with great tenants, providing immediate rental income. $50,000 annual gross income from the apartments alone. Use the downstairs for personal business use or rent it out!

This property offers excellent access to key highways like Routes 130, 295, 76, 676, and 42, along with quick connections to the Walt Whitman, Ben Franklin, and Commodore Barry Bridges. It is conveniently located just 10 miles from Philadelphia and around 30 miles from Wilmington, DE, this location offers easy access to both major cities.

The commercial space offers flexibility, with the current owner willing to lease back a portion of the commercial space, or the new owner can take full advantage of the entire space for their own business needs. With a potential cap rate of over 12%, this property presents a great investment opportunity.
This is a rare opportunity that you won't want to miss—schedule your showing today!

Location

State NJ

County Gloucester

Area Westville Boro (20821)

Zoning COMMERICAL

Interior

Hot Water Natural Gas

Heating Baseboard - Electric

Cooling Central A/C

Heat Source Electric

Exterior

Garage Spaces 15.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 15

Garage N

Building

Lot Description Not In Development

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Westville Public Schools

Others

Tax ID 21-00024-00004

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Financing Cash,Conventional,FHA

Special Listing Condition Standard

Bright MLS (BMLS)
Listed by Devon Rae Ferretti • BHHS Fox & Roach-Margate
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212 GATEWAY BLVD