221 Broad Street, Florence, NJ 08518 - Photo 1

1/1

$320,000

Sold
Closed
Commercial

1/1

Property Description

Welcome to downtown Florence. This property is located in the heart of the business district. The building consist of 5,400 square foot split into two units. First floor is currently operating as The Central NJ Ballet Theatre in which there is a month to month lease. There is a large open area of aproximently 3400 Sq Ft with an office, two bathrooms, waiting room and changing room. The first floor is handicap accessable. The large 2nd floor apartment has a 2+ bedroom apartment that is currently occupied with a 1 year lease. The apartment is aproximently 2000 sq ft. It consists of a living room (20 x 19), dining room (12 x 10), kitchen (14 x 9), laundry room, two bedrooms, bonus room and a large deck with a view of downtown. Appointments require a 24 hour notice.

Full Property Details

Full Property Details for 221 Broad St

General

Sold For: $320,000
Taxes: $7,968 (2022)
Status: Closed
Type: Commercial
Source: BrightMLSPhilly
MLS ID: NJBL2053014
Added to Site: 878 day(s) ago

Business

Business Type: Flex

Rooms

Bathrooms

Restrooms: 3

Parking

Parking Type: On Street

Location

Area: Florence Twp (20315)
Municipality: FLORENCE TWP
County: Burlington
Driving Directions: Follow GPS
Location Details: Business District

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Forced Air
Heating Fuel: Natural Gas
Water Heater: Natural Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

Construction: Brick, Stucco
Stories/Levels: 2
Year Built: 1950
Year Built Source: Assessor

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.09
Lot Size (Sq. Ft.): 4,000
Lot Size Source: Assessor
Lot Dimensions: 40.00 x 100.00
Zoning: COMMERCIAL

Financial Considerations

Price Per Sq. Ft.: $63.07
Assessment Year: 2022
City/TownTax Freq: Annually
County Tax Freq: Annually
Tax w/Assessment: $305,200
Tax Amount: $7,968
Tax Year: 2022

Disclosures and Reports

Ownership: Fee Simple
Exclusions: Tenants belongings.
Lot Number: 13

Listed by BHHS Fox & Roach-Princeton Junction, Gilbert L Cheeseman Jr.
Sold by Weichert Realtors - Moorestown, Michael E Gidzinski

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Listing agent

— 221 Broad St —

Gilbert L Cheeseman Jr.

BHHS Fox & Roach-Princeton Junction

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Schools

Schools serving 221 Broad St

School District:Florence Township School District

Name	Grades	Distance
Riverfront School 500 East Front Street, Florence, NJ 08518	4-8	0.5 mi
Number 5, Roebling Elementary School 1330 Hornberger Ave, Florence, NJ 08554	PK-3	1.4 mi
Florence Twp Mem High School 1050 Cedar Lane, Burlington, NJ 08016	9-12	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 221 Broad St

Date

Details

Price

Change

Source

4/26/2024

Sold

$320,000

-7.25%

MLS

11/03/2023

Price Reduced

$345,000

-1.15%

MLS

9/25/2023

Listed

$349,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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221 Broad Street, Florence, NJ 08518 (MLS# NJBL2053014) is a Commercial property that was sold at $320,000 on April 26, 2024. Want to learn more about 221 Broad Street? Do you have questions about finding other Commercial real estate for sale in Florence? You can browse all Florence real estate or contact a Coldwell Banker agent to request more information.

221 Broad St Florence, NJ 08518