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127 Laurel Avenue, Island Heights, NJ 08732

$519,000

  • For Sale
  • Active
  • Commercial
127 Laurel Avenue, Island Heights, NJ 08732View this property at 127 Laurel Avenue, Island Heights, NJ 08732
127 Laurel AvenueIsland HeightsNJ08732

Property Description

4,800 Square foot 4 unit mixed use building for sale. Consists of 3 Drive In warehouse/office units and 2 bedroom apartment on 2nd floor. Fully leased, ideal for investor. 3 DRIVE IN WAREHOUSE/OFFICES are 1,200 Square foot warehouse with drive in door, includes office space and onsite parking. All 3 are leased at rate of $1,200 per month each unit. Rental rate for apartment is $1400 per month.

Full Property Detailsfor 127 Laurel Avenue

General

  • Price: $519,000
  • Taxes: $6,914 (2016)
  • Status: Active
  • Type: Commercial
  • MLS ID: 21636036
  • Updated: 4/4/2018
  • Added: 587 day(s) ago

Property History

  • 127 Laurel Avenue, Island Heights, NJ
  • Reduced to $519,000 on 8/7/17
  • Reduced to $530,000 on 3/17/17
  • Listed at $575,000 on 9/14/16

Business

  • Business For Sale: Yes

Interior

  • Flooring: Concrete, Other (See Remarks)

Exterior

  • Exterior Features: Overhead Doors, Security System, Sign

Parking

  • Garage: Yes
  • Garage Spaces: 3
  • Parking Features: On-Site Parking, Paved

Location

  • Area: Island Heights (ISL)
  • County: Ocean
  • Subdivision: None
  • Driving Directions: Route 37 East to right on Central Avenue to left on Lake Avenue or Summit Avenue to Laurel.

Heating & Cooling

  • Cooling Type: Air Conditioning (Office Only), Central Air Conditioning, Forced Hot Air
  • Heating Fuel: Natural Gas

Utilities

  • Gas: On Site
  • Sewer: Public Sewer
  • Water: Public Water

Structural Information

  • Description/Design: Finished Road, Level
  • Construction: Block, Vinyl
  • Exterior Const.: Block
  • Roof: A-Frame, Shingled
  • Stories Description: 1
  • Current Bldg. Use: Apartments, Warehouse
  • Warehouse: 3,600 Sq. Ft.
  • Year Built: 1989

Lot Features

  • Lot Size (Acres): 0.2
  • Lot Dimensions: 85 x 100
  • Zoning: Commercial

Financial Considerations

  • Assessment Amount: $372,100
  • Improve Assmt: $180,100
  • Land Assmt: $192,000
  • Tax Amount: $6,914
  • Tax Year: 2016
  • Landlord Pays: Sewer, Water

Disclosures and Reports

  • APN: 11-00038-01-00024-07
  • Section: Island Hgts

Listed by Crossroads Realty Executive Office, Mark Kotzas

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Schools

Schoolsserving 127 Laurel Avenue

School District:Island Heights Schools, Central Regional Schools
School Name
Grades
Distance
Island Heights Elementary School
115 Summit Avenue, Island Heights, NJ 08732
K-6
0.2 mi
Central Regional Middle School
509 Forest Hills Pkwy, Bayville, NJ 08721
7-8
5.2 mi
Central Regional High School
509 Forest Hills Parkway, Bayville, NJ 08721
9-12
4.9 mi
Disclaimer: School data provided by Pitney Bowes. School attendance boundaries are for reference only. Contact the school directly to verify enrollment eligibility.

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Community Info

Community Infofor 127 Laurel Avenue

Listed by Crossroads Realty Executive Office, Mark Kotzas

127 Laurel Avenue, Island Heights, NJ 08732 (MLS# 21636036) is a Commercial property. 127 Laurel Avenue is currently listed for $519,000 and was received on September 14, 2016. Want to learn more about 127 Laurel Avenue? Do you have questions about finding other Commercial real estate for sale in Island Heights? You can browse all Island Heights real estate or contact a Coldwell Banker agent to request more information.