200 Kings WaySewell, NJ 08080

For Sale
$249,900

Updated Office Condo, Excellent Tenant

Overview

Added:
Feb 3
Days on market:
39
This exceptional 1,770 square foot office condo, located at 200 W Kings Way in Sewell, NJ, presents a fantastic investment opportunity. Situated on the second floor of a building with elevator access, ensuring ADA compliance, this property boasts a thoughtfully designed layout. The space includes four private offices, a spacious waiting area, a large reception area perfect for client interaction, a dedicated conference room for meetings, a convenient storage room, a fully equipped kitchen, and a recently renovated bathroom. Extensive renovations completed within the past two years encompass the bathroom, flooring, electrical systems, HVAC, and kitchen, ensuring modern functionality and efficiency. Currently, the property benefits from a strong tenant occupying three of the four offices, the reception area, and sharing communal spaces (bathroom, kitchen, and conference room) with the seller. The existing lease agreement generates a stable monthly rental income of $2,500 and extends until May 31st, 2025, providing immediate cash flow and a secure investment. This turnkey office condo is ready for immediate occupancy or continued lease income, making it an ideal acquisition for investors seeking a profitable and well-maintained property in a desirable location. The property is an office condo and does not include any land.

Property Details for 200 Kings Way

Property type
Office properties, Other office properties
Square Feet
1,770 SF
Year Built
1992

Location Insight

City
Sewell
County
Gloucester
State
New Jersey
Latitude
39.73321
Longitude
-75.06566
200 Kings Way, Sewell, New Jersey

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200 Kings Way
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