$ 965,000
-
$965,000
Price -
0
Bed -
0
Bath -
7,424
SqFt
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About the Listing RMPRECH - 3150613
This commercial property, originally constructed in 2004, is poised for a significant transformation in 2024, presenting a compelling investment opportunity for discerning investors. With a robust foundation built from durable block and brick materials, this property is well-positioned to benefit from the upcoming renovations that will enhance its value and appeal in the competitive real estate market.1. : The planned renovations are designed to modernize the property, improving both aesthetic appeal and functionality. Investors can anticipate an increase in property value post-renovation, driven by enhanced features and updated amenities that align with current market demands.2. : With the renovations, the property is expected to attract higher-quality tenants, leading to increased rental rates. This potential for elevated cash flow makes it an attractive option for investors seeking to maximize their return on investment.3. : The commercial real estate market continues to show resilience and growth potential. By investing in this property, stakeholders can capitalize on the increasing demand for modern commercial spaces, particularly in areas undergoing revitalization.4. : Properties that undergo significant renovations typically experience substantial appreciation in value. This investment not only promises immediate returns through enhanced rental income but also positions the property for long-term capital gains.5. : While specific green features are not currently listed, the renovation plans can incorporate energy-efficient systems and sustainable materials, appealing to environmentally conscious tenants and potentially reducing operational costs.6. : The property's design allows for various commercial applications, providing flexibility in tenant selection and usage. This adaptability can further enhance the investment's attractiveness, catering to a diverse range of businesses. : This property represents a unique opportunity for investors looking to engage in a high-potential renovation project. With a solid structural foundation and a strategic renovation plan set for 2024, the potential for increased rental income and long-term appreciation is significant. Investors are encouraged to consider the myriad benefits this property offers as they evaluate their next investment opportunity.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 12
- Zoning: Commercial / Light industrial
- Roof: Asbestos Shingle
- Others: Excellent
- Sewer: Private Sewer
- Parking Features: Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $18,700
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
154 Cooper Road E 801 & 802 West Berlin, NJ 08091
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