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About This Home
This 0-bedroom, 0-bathroom commercial at 399 FRONT Street in Elmer, NJ is listed for $875,000. Built in 2012, on a 1.95 acres lot.
Attention Savvy Investors... Here's the sound real estate investment you have been looking for to add to your portfolio. Check out this 9,008 +/- sf ( 8,721 +/- sf net rentable area) one-story, four-unit commercial building sitting on 1.95 +/- acres. This property is well designed for medical professional services.
You will appreciate this well constructed multi-tenant masonry and steel framed office building with a multi-angle pitched roof. This prime property offers 81 +/- parking spaces (including 4 designated for handicapped parking) on a macadam covered parking lot, pole-mounted lighting, concrete curbing and sidewalks and professional landscaping.
The property is in the Zone X flood zone and the RP/LR-1 zoning district. The four (4) units layout are the following: Suite A - 1811 +/- sf , Suite B & C - 2391 +/- sf , Suite D - 1979 +/- sf and Suite E - 2352 +/- sf. Three of the four units are currently leased, and utilities are separately metered.
The current gross annual income for the three leased units is $110,304 plus a pro-rata share of the expenses as additional income. Great location - walking distance to Inspira Medical Center and just minutes to Route 40 and Route 55. There is a 45kW natural gas powered Generac generator, which provides back-up power for Suites B and C . Great replacement property to complete a 1031 tax deferred exchange.
Key Features
- Built in 2012
- 1.95 acre lot
- 81 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$4,680/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
399 FRONT Street
Elmer, NJ 08318
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 399 FRONT Street is listed at $875,000. The estimated monthly payment is $3,792 based on 20% down at 6.5% interest.
Key features include: Built in 2012, 1.95 acre lot, 81 parking spaces.
This property is listed by Richard G Warner and can be reached at 8567694111 or rich@warnerrealtors.com.


