13 N EAST BLVD Active

Vineland,NJ 08360

$ 999000

- Bed

- Bath

20000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 20,000 sqft

Price per Sqft $49

MLS Listing ID NJCB2017372

Originating Board BRIGHT

Year Built 1949

Annual Tax Amount $14,866

Tax Year 2023

Lot Size 0.583 Acres

Acres 0.58

Lot Dimensions 0.00 x 0.00

Property Description

*** MAJOR PRICE IMPROVEMENT! *** Welcome to an exceptional investment opportunity in Vineland! Presenting a versatile Mixed-Use Commercial property boasting four distinct units and an impressive total square footage exceeding 15,000. This property is a gem, offering two retail store fronts, a spacious warehouse at the rear equipped with a drive-in bay door (9'10" in height), an attached 2-car garage with overhead bay doors, as well as a sizable 5-bedroom apartment on the upper level, promising limitless potential for savvy investors.

Currently, one of the storefronts is under a secure 3-year lease, generating a reliable income of $1,300 per month with an annual monthly increment of $100. Meanwhile, the second storefront, approximately 30'x35' in size, stands vacant, awaiting your creative vision or an additional income stream through leasing, currently listed at $1,500 per month. Above, the generously sized apartment commands $2,000 per month in rent, ensuring steady returns.

Formerly operating as a bakery, the expansive warehouse, approximately 88' x 118', along with its equally spacious basement, retains much of its original infrastructure and equipment, offering a turnkey opportunity for various business ventures.

Complementing the property is a rear parking lot accommodating approximately 34 parking stalls, providing ample convenience for tenants and customers alike. Located in the heart of Vineland, this property invites you to immerse yourself in the flourishing downtown culture and seize the countless opportunities it presents.

Don't miss out on your chance to invest in this thriving hub of potential in Vineland's burgeoning real estate landscape! Perfectly situated in the City's revitalization hub, the 'LMS Zoning' of Landis Ave Main Street District presents countless opportunities for businesses aiming to flourish.

Location

State NJ

County Cumberland

Area Vineland City (20614)

Zoning LMS

Interior

Hot Water Natural Gas

Heating Other

Cooling Other

Heat Source Natural Gas

Exterior

Garage Spaces 40.0

Waterfront N

Water Access N

Accessibility 32\"+ wide Doors,2+ Access Exits,Ramp - Main Level,Other

Parking Type Parking Lot

Total Parking Spaces 40

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District City Of Vineland Board Of Education

Others

Tax ID 14-03019-00002

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash,Private,Conventional

Listing Terms Cash,Private,Conventional

Financing Cash,Private,Conventional

Special Listing Condition Standard

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