MLS® ID: NJGL236650
381 FRIES MILL
SEWELL, New Jersey, 08080 $1,500,000
Keller Williams Realty is pleased to offer one of two very strategic commercial corner properties. Both of which are currently listed, owned by the client, and are right across the street from each other. This particular corner site is located at 381 Fries Mill Road, is 5.78 acres with frontage on Fries Mill and Glassboro Cross Keys. This specific property is presently an income producing property...with four income streams. There's a produce center which generates $1100.00 per month. There's a residential house that generates $1500.00 a month. A Roofing contractor which leases a cinder block building for $1300.00 per month, and,....one little other office in the same building for $325.00 per month. There are four cesspools on the property. There is a trailer type structure which is a tear down...no longer used. According to the owner, there are no wetlands, and the parcel does border a housing development. A very strategic positioned parcel that is directly across from Speed Gas and diagonally across from a newer CVS. There~s simply not many sites left like this. This lot allows for significant development. Most importantly it has public water & sewer ...along with South Jersey Gas and Atlantic City Electric on Fries Mill Road right in front of the lot. There~s also a sewerage pumping station less than 250 feet down the street....on the same side of the street. It most certainly is a Prime location situated at signalized corner intersection...in a very fast growing urban/rural setting. Within walking distance to Scotland Run Golf Club. It's in close proximity to the 200 home Stirling Glenn Adult 55 area which is new and expanding rapidly which is also right down the street. This site is also less than minutes from several medical rehab centers, 2 minutes from one teaching hospital and will be less than 15 minutes from a brand-new state of the art teaching hospital. Many new housing developments, recently built strip shopping centers, and adjacent to many apartment complexes, and residential houses, and is in close proximity to high end shopping and dining. Minutes to Route 42 and the Atlantic City Expressway. It is also conveniently located between two hospital medical buildings. This property offers a wide range of opportunities to end-users or developers such as office, medical, retail, restaurant, recreational, multifamily, etc. The location enjoys easy proximity to the Rowan University,...less than 10 minutes to the city, and many other amenities. This property is within proximity to major metropolitan areas, and just a short drive to the Jersey Shore. It is strategically located & the area is accessible by I-76/I-95/I-295/I-476/I-676, Rt. 42, PA & NJ Turnpikes, & Atlantic City Expressway. Local I-295 & NJ Turnpike & Routes 41,42 & 55 service many of the local industrial parks, & office complexes. Easy access to the Commodore Barry, Walt Whitman, & Ben Franklin Bridges. Very healthy demographics in the 5-10 Mile trade area.