203 River Avenue $4,195,000

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    203 River Avenue Lakewood, NJ 08701

    • 10,000 sq.ft.
    • Commercial
    MLS# 21812649 | Active

    $4,195,000

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    Days On Market: 351 7 Views
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    Property Details

    This is an amazing investment for the right buyer. This is a successful used car dealership, autobody shop and car detailer. The main car dealership brings in over 600k annually and the autobody shop rents for 120k per year. You can also, (already has been approved by the township) put up another building in the back parking lot with two shops that would rent for $3,500 a month each. This brings your total yearly income to $804,000 per year with minimal overhead and a cap rate of 17.1%! The property features a large showroom, 2 service departments, a part room, 4 offices, phone system and 2 separate alarm systems. This is an great property with tons of walk in traffic due to the location that can make the right buyer a lot of money. Please watch the video tour!

    • General Features
      • Business Operating Yes
      • County Ocean
      • Electric 200 - 400 AMP
      • Gas At Street
      • Heat Ac Central Air, Hot Water
      • Heat Fuel Oil Above Ground
      • Interior Auto Bay
      • Municipality Lakewood (LKW)
      • Num Car Garage 15.00
      • Office Sqft 10000.00
      • Property Sub Type Commercial
      • Sewer Public Sewer
      • Total Sqft 10000.00
      • Water Public Water
      • Water Heater Oil
    • Building Features
      • Apx Year Built 1990
      • Available Sqft 10000.0000
      • Bldg Number 203
      • Exterior Outdoor Lighting, Overhead Doors, Truck Door
      • Garage Yes
      • Industrial Sqft 10000.00
      • Num Levels 1.0
      • Num Parking Spaces 100.00
      • Parking Open Lot, Paved
      • Retail Sqft 10000.00
      • Warehouse Sqft 10000.0000
    • Property Features
      • Lot Dimensions 165 x 303

    Contact

    Alan E. Seeland, Jr.

    Sales Associate

    RE/MAX at Barnegat Bay Toms River

    Primary: 732-914-0074

    Neighborhood

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    Market Last 30 Days

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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $4,195,000
    4/5/2018 5:53:00 PM New in Database Source

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