417 Madison Ave, Woodbine Commercial and Industrial facility
Elite Property Group at COMPASS NJ LLC would love the opportunity to introduce you to our listing at 417 Madison Avenue, Woodbine, NJ.
Offered for sale at $480,000 the property has 175’ of frontage along Madison Avenue and is leased through September 2026, with lessee’s option for a five year extension.
There are three detached buildings utilized as a commercial and industrial facility fronting on Madison Avenue in Woodbine. The current lessee utilizes the property for manufacturing and fabrication of awnings and canopies. Each has heating and air-conditioning elements utilizing natural gas, propane gas and electric utilities.
The subject property is in an area zoned “DeHirsch Light Industrial/Manufacturing (DLIM)“ on the latest issue of the Borough of Woodbine zoning map. In addition, the property is affected by “Pinelands” regulations as the property is within the Pinelands
Permitted uses in the “Dehirsch Light Industrial/Manufacturing (DLIM)“ zone include light industrial, manufacturing and assembly processes, including electrical goods production, assembly of components parts, furniture manufacturing, warehouse facilities, etc. The zone has a broad range of industrial and commercial permitted uses.
The minimum lot size requirement is a one (1) acre minimum lot size with a minimum frontage requirement of 100 feet. Lot coverage requirements for all uses shall not exceed 50% building coverage. The current use of the subject property appears to be a pre-existing legal non-conforming use, primarily for lot size deficiency. In this regard, if necessary, it is recommended that the user of this report seek legal and/or engineering expertise in order to properly interpret the legal status of the subject site for the proposed purpose.
The subject property is in a desirable industrial location in the Borough of Woodbine fronting along Madison Avenue. The property is immediately northeast of Dehirsch Avenue, the main traffic artery in the Borough of Woodbine.
Address: 417 Madison Ave
Square Feet: 9342
Year Built: 1938