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16 S Forklanding Rd

$425,000

16 S Forklanding Rd, Maple Shade, Nj 08052

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Last Updated: 02/04/2025

21,000

NOI

1,800 sqft

Building Size

Details:
NOI:    $21,000
Building Size:    1,800 sqft
Year Built:    1925
Price Per Sqft:    $236.11
Zoning:    COMMERCIAL
Highlights:
  • Days on Market: 146
  • Parking Features: Private, Public, Paved Parking, Lighted Parking, Unassigned, Surface
  • Heating: Forced Air
Description:

Incredible investment opportunity located just steps from the heart of Maple Shades Gazebo and Clock Park at Main Street and Forklanding Roads! Owner deciding to sell this commercial storefront property with apartment above after being family owned for several decades. Each floor consist of approximately 900 square feet and there is a basement used for storage and utilities. New roof in 2021! You can be an absentee landlord or operate your business downstairs on the first floor and live above in the apartment. There is plenty of available FREE Municipal Parking along side the subject property, in front of, and as well as across the street from the front of the property!
Additional private parking for a few cars is present at the back of the property. This property is VERY VISIBLE as you turn onto S. Forklanding from Main St. The existing tenants wish to stay and rents can remain or be modified as current leases end in June/Aug 2024. Leases are currently considered very low for both rented units.

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