1602 White Horse Pike

Great Opportunity to own this 8.26 acre property with a 45,020 sq. ft warehouse and office. This is one of the largest contiguous parcels in the city and is a critical anchor for establishing a premier identity within the Egg Harbor City Master Plan. It may be appropriate to utilize a Redevelopment Plan as a stimulus to attract interest in maximizing the development potential of this site. Currently the property has two tenants with one tenant paying $5500 per mo adjusted to $3000 temporarily for the Covid Pandemic with the lease ending 10-31-2023 and the other paying $2325 per mo with a lease ending 12-31-2022. In an addition to the leased units this property has a 4500 sq. ft combination warehouse shop with a 22' x 24' drive in door. In addition there is a cross dock warehouse space of 12098 sq. ft including 3 loading docks office and restrooms. The property still has almost 7 acres that can be used for possible parking and outside commercial storage and equipment parking with City approval Prior to the Pandemic in 2019 this property was listed for $1,450,000 representing the investment potential of this property in the near future as the Commercial Market begins to rebound. This property is now listed at $849,900 and being Sold in "As Is " condition hence the reduced pricing