Last Updated: 2/25/2017 7:35 AM
Description for 203 S White Horse Pike Waterford Works, NJ 08089
(This Old School House Building) on the corner of White Horse Pike and McDougal is a 7,600 SQ FT, 5 professional Office Suites with an additional large workshop/garage available as additional rental space. The (GRM) Gross rent Multiplier is a factor of 5. Factor of 5 equals a "strong buy" classification.At 100% Occupancy, total annual income could $55,000 (+/-). Well maintained property. Extremely versatile 7,600 SQ FT. Suite A is 800 SQ FT Gas Heat and Central Air, Suite B, 800 SQ FT, Gas Heat and Central Air, this unit has its own bathroom. Suite C, 300 SQ FT, Heat is baseboard oil, Window Unit AC. Suite D, 400 SQ FT, Baseboard Oil Heat, Window AC. Suite E, 900 SQ FT, Gas Heat, Central Air. The Workshop specs for the are as follows: Most is a clear-span work area, 300 SQ FT is dedicated to an office and other utility rooms. Ceiling Height is 12' with plenty of lighting. There is a steel service door entry and overhead door (10' high x 16' wide). 3 Phase-200 Amp Electric, Industrial Air Compressor (Tenant responsible for air compressor maintenance), and large work bench. The floor is concrete with heat provided by radiant heat (this creates a very comfortable and efficient work environment). Ideal Uses are: Light Manufacturing (cabinets and counter-tops etc), Tradesman (Electrical, Plumbing, HVAC Contractors), or Landscape or other storage and maintenance enterprises. Approximately 15 Parking Spaces. Call Today
Oil Hot Water Heater, Well Shared
Sewer service on-site
Electric service available, Telephone
Exterior / Lot Features
Corner, Highway Access, US Highway, Level
Current market conditions for 203 S White Horse Pike
Active Market Trends
Median list price$157,150
Days on market140
Properties for sale26
Sold Market Trends
Median sold price$150,000
Sales to list price9,133.0%
Median sq ft price$84
Arrows indicate 90 day trend
Listing Price History for 203 S White Horse Pike
Waterford Works Real Estate
Waterford Works is located in New Jersey. Waterford Works, New Jersey 08089 has a population of 4,408.
The median household income in Waterford Works, New Jersey 08089 is $80,156. The median household income for the surrounding county is $62,320 compared to the national median of $53,046. The median age of people living in Waterford Works 08089 is 44.1 years.
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