1590 5th St
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1590 5th St
9,838 SF 100% Leased Office Building Ewing, NJ 08638 $1,334,446 CAD ($136 CAD/SF)
Executive Summary
Opportunity Knocks! Two buildings on one lot: Building 1 is a two story fully leased office building with one tenant on the first floor and two tenants on the 2nd floor. Tenants pay all utilities. Building 2 is a 5,038 sf Warehouse/garage building with 18 ft clear height and 7 vehicle lifts. Tenant in Building 2 is on a month to month basis. Large parking area with 15 spaces in front of building 1 and 28 spaces in the rear around Building 2. Building 2 is in the flood plain, however there is a pump system installed to minimize any flooding issues. Seller will consider seller financing for a well qualified buyer with appropriate down payment,
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
9,838 SF
Building Class
C
Year Built
1950
Price
$1,334,446 CAD
Price Per SF
$136 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,919 SF
Slab To Slab
10’
Building FAR
0.51
Land Acres
0.44 AC
Zoning
IP-2
Parking
43 Spaces (4.37 Spaces per 1,000 SF Leased)
Amenities
- Kitchen
1 of 1
PROPERTY TAXES
| Parcel Number | 02-00042-0000-00021 | Total Assessment | $676,146 CAD |
| Land Assessment | $102,514 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $573,632 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
02-00042-0000-00021
Land Assessment
$102,514 CAD
Improvements Assessment
$573,632 CAD
Total Assessment
$676,146 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
-
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Berkshire Hathaway HomeServices Fox & Roach
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1590 5th St
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