David Burns | Keller Williams Realty | 856 321 1212
312 Salina Road, Sewell, NJ
Exciting Opportunity to Obtain an Established Golf Center in Washington Twp
Retail/Commercial
offered at $1,700,000
Year Built
1991
Sq Footage
Unspecified
Floors
0
Parking
Unspecified
Lot Size
28 acres
Maint
$0 per month
DESCRIPTION
South Jersey Golf Center consists of two 18 hole putting courses, 2-tiered driving range consisting of 16 covered
stalls, 16 additional "topside" stalls, 24 on-matts, and 350 linear feet of grass for additional stalls (potential for 75 stalls).
Business founded in 1991 and sits on 28 acres zoned OMU Office Mixed Use District
(offices/medical/legal/hotel/restaurant/etc). Also included are batting cages, additional putting greens, 2 multipurpose buildings
(600 and 1200 SF each) plus parking lots and ancillary facilities. Business grosses income of $360,000/year (2008 projected)
and Net of approx $128,940 (2008 projected). Fractional interest possible or new owner can keep management to operate
under separate agreement while mixed use approvals for masterplan park are being secured. Superior access to major
highways and only 5 minutes to Route 55. Enjoy income while capitalizing on upside of new industrial/flex park or other
commercial use.
Comments(0)