Properties

Description

Excellent opportunity to own a fully renovated approximately 18,000-square-foot commercial property in the heart of Washington, Warren County, New Jersey. The property currently features an established storefront tenant generating $6,500 per month in rental income, while annual property expenses are approximately $20,000, including $14,000 in real estate taxes and $6,000 in property insurance.The building underwent extensive renovations approximately two years ago, providing a strong foundation for both current income and future investment potential. Improvements include a new HVAC system, new roof, new ceilings, updated flooring, plumbing improvements, and extensive interior renovations, allowing a new owner to benefit from a substantially improved property without the need for major immediate capital improvements.Beyond the existing commercial income, the property presents an attractive long-term redevelopment opportunity. The township may allow residential apartments to be developed above the existing commercial space, creating the potential for a mixed-use property combining retail and residential income. This flexibility provides an investor or owner-user with the opportunity to explore additional income-producing space and potentially increase the property's overall value through future redevelopment.

Features

  • Heating System : 1 Unit
  • Cooling System : 1 Unit
  • Basement : Full, Storage, Finished-partially
  • Roof Deck : Asphalt Shingle, See Remarks
  • Furnished : See Remarks
  • Tax Assessed Valuation: 0
  • Sewer: See Remarks
  • Water: Public Water

Appliances

  • Utilities: See Remarks

Additional Info

  • Office Name: WEICHERT REALTORS
  • Office MLS ID: 000629
  • Agent ID: 265350
  • Tax: 14000
  • Tax Year: 2025
  • Application Fee: $0
  • Zoning: B2

Commercial For Sale

For Sale
$1,250,000

33 E Washington Ave, Washington Twp.

  • SQFT 18,000 Acre
  • Built Year 1900

Details

  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: 5461547
  • Price: $1,250,000
  • Bedrooms: 0
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 1900
  • Year Built Description: Renovated
  • Lot Area: 18,000 Acre
  • Status: Active
  • Days On Market: 0

Contact Agent

Sky Realty & Associates

Map

Address Map

  • Country US
  • County Warren
  • City Washington Twp.
  • Street: E Washington Ave
  • Street Number: 33
  • Street Direction: Located on E Washington Avenue in Washington Borou
  • Floor Number: 0
  • Longitude: W75° 1' 18.1''
  • Latitude: N40° 45' 30.1''
  • Internet Display Address: Yes
Property