398 Hook RdPennsville Township, NJ 08070

For Sale
$250,000

Prime NJ Convenience Store & More

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity encompasses three buildings situated on a 0.8-acre lot in Pennsville Township, New Jersey, at 398-400 N. Hook Road, zip code 08070. The property is offered at an asking price of $250,000 and features a fee simple ownership structure. The main structure is a single-story Class C retail building currently operating as a convenience store. The property's strategic location offers significant potential for growth and expansion. In addition to the convenience store, the property includes two other buildings on the site. One building is currently used as a repair shop, and another building is used as a used car dealership. There is also a second corner lot with two additional buildings, one potentially suitable for retail use and the other possibly residential. This presents a unique opportunity to acquire a multi-faceted commercial property with diverse income streams and significant redevelopment potential. The property's size and location in Salem County, NJ, make it an attractive investment for both seasoned and emerging investors seeking a foothold in the thriving New Jersey market. The property is a single-tenancy retail offering, providing a streamlined ownership experience. This is a rare opportunity to acquire a multi-building property with a variety of existing uses and significant upside potential. The property is conveniently located in Pennsville Township, NJ.

Property Details for 398 Hook Rd

Property type
Other retail properties, Individual retail properties
Class
C
Buildings
3
Stories
1
Lot Size (sq. ft)
34,848 SF

Location Insight

City
Pennsville Township
County
Salem
State
New Jersey
Latitude
39.6722848
Longitude
-75.4868578
398 Hook Rd, Pennsville Township, New Jersey

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398 Hook Rd
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