Address
101 E Black Horse Pike E, Pleasantville, NJ
Price
$ 549,000
Property Attributes
- MLS#NJAC2011434
- TypeCommercial
- CountyATLANTIC
- CityPleasantville
- AreaPleasantville City
- NeighborhoodPleasantville City
- Zip08232
- StyleBed and Breakfast,Day Care Facility,Hair Salon and
- Year Built1930
- Taxes$ 11086
- Price$ 549,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage5000
- Lot Size0.21 Acres
Data Source:
Bright MLS
Property Description
This stunning, multi-use renovated building offers numerous possibilities, and the lucky buyer will make a great return on this investment. Centrally Located on the corner of Black Horse Pike and Franklin Ave, the property underwent a complete renovation in 2008, resulting in a total available area of 5000 sqft, excluding an additional 800 sqft on the third floor. However, the tax records only indicate a size of 3628 sqft. With a large parking lot accommodating 12 to 15 cars, and boasting a strong business income, this property presents a prime opportunity. The first-floor commercial space spans 2500 sqft and has served as a beauty and wellness center for 16 years, generating substantial income. It features a spacious entrance room, five treatment rooms, a large training room, two full bathrooms, a first-floor laundry, and a sizable kitchen/dining area. Perfect for a salon, spa, nail shop, or professional offices, including medical practices, it could even be converted into a restaurant. The commercial space has the potential to yield significant rental income, ranging from $3000 to $3,500 per month. Additionally, one of the treatment rooms could be partitioned for residential renting, with its separate entrance. The second floor, also spanning 2500 sqft, comprises three large bedrooms, each with an attached full bathroom, two well-appointed kitchens, two generously sized sitting rooms, and a second laundry room. It can be rented out as two to three separate units, fetching as much as $2800 to $3,200 per month. The third floor offers an extra bonus, with 800 sqft of space featuring a full bathroom, an unfinished kitchen, and three rooms currently utilized for storage. This unit presents further profit potential if utilized effectively. Exiting the door leads to a spacious ceiling deck, providing a delightful relaxation spot during the summer months. The property boasts three entrances for different levels, along with two separate city water/PSEG meterscentral air conditioning and interior and exterior security systems. It comes equipped with four refrigerators, multiple window air conditioners, TVs in each room, and beautiful furnishings. All equipment can be transferred at a very reasonable price. Furthermore, the seller offers financing options, with interest rates as low as 5.2%, significantly lower than commercial mortgage rates. The property is being sold strictly in "as is, where is" condition. This distinguished property presents a golden opportunity. Don't miss your chance to secure your best investment today! Schedule a viewing to witness the wonders of this property firsthand!
| Price History | |
|---|---|
| 3/13/2024 | Listed $599,000 |
| 5/7/2024 | 9% - $549,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Attic Fan,Multi Units,Central A/C |
| Utilities | Natural Gas Available,Electric Available |
| Possession | Settlement |
| Zoning | UEZC |
| Construction Materials | Brick,Brick Front,Concrete |
| Year Built | 1930 |
| Electric | 110 Volts |
| View | City |
| Property SubType | Mixed Use |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Electric |
| Business Type | Bed and Breakfast,Day Care Facility,Hair Salon and Spa,Health Club,Hotel/Motel,Medical,Other/General Retail,Restaurant/Bar,Supermarket/Grocery Store,Other |
| Accessibility | 2+ Access Exits |
| County | ATLANTIC |
| New Construction | No |
| Property Type | Commercial Sale |
| Subdivision Name | PLEASANTVILLE CITY |
| Possible Use | Spa,Senior Assisted/Day Care,Retail,Restaurant,Printing,Office,Multi-Family,Mixed Use,Mini-Storage,Medical/Dental,Hotel/Motel,Food Market,Food & Beverage,Day Care,Commercial,Clothing,Bed & Breakfast, |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | Use GPS |
| ModificationTimestamp | 2024-05-07T06:59:20 |
| City | PLEASANTVILLE |
| Buyer Agent Compensation | 2.5 |
| Total Units | 3 |
| MLS Area | Pleasantville City (20119) |
| Lot Size Square Feet | 9147.60 |
| Tax Assessed Value | 216700.0 |
| Waterfront Y/N | No |
| Street Name | BLACK HORSE PIKE |
| Tax Annual Amount | 11086.37 |
| Property Condition | Excellent |
| Price Per Sq Ft | 94.66 |
| Acceptable Financing | Cash,FHA,Lease Purchase,Negotiable,Private,Seller Financing,Other,VA |
| Historic Y/N | No |
| Lease Considered Y/N | Yes |
| Vacation Rental Y/N | No |
| Days on Market | 53 |
| Location Type | Business District |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 1 |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | Natural Gas,Electric |
|---|---|
| Hot Water | Natural Gas |
| Total Stories | 2 |
| Heating Y/N | Yes |
| Central Air Y/N | Yes |
| Total Restrooms | 5 |
| Entry Level | 1 |
Exterior Features
| Parking Features | Private |
|---|---|
| Water Source | Public |
| Total Parking Spaces | 12 |
| Type of Parking | Parking Lot |
| Water View Y/N | No |
| Building Area Total | 5800.00 |
| Lot Size Acres | 0.21 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Total Loading Docks | 1 |
| Land Assessed Value | 64800.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 12 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 08232
Price
Taxes
Visits
Year Built
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