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101 N High Street

MILLVILLE, NJ 08332
  • $175,000
  • STATUS: Active
  • ON SITE: 193 Days
  • ID#: NJCB132928
UPDATED: 62 min ago
$175,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1900
County:

School Ratings & Info

School District:

Description

Calling all investors! Being offered as part of a 3 commercial property package (along with 103 and 113 N High St), you do not want to miss this rare opportunity to invest in Turnkey Downtown Millville Real Estate. 101 N High is a huge, open, and multi-use space, home for many years to the Incredible Bulk. Boasting an open layout with a dedicated storage area, a restroom, and a large 2 bedroom apartment upstairs, this property offers optionality for investors as either a completely cash-flowing, tenant occupied asset, or as a perfect live/work situation. The commercial space is open and ready to be occupied, and the upstairs apartment is tenant occupied. At full occupancy, this is a great cash-flow situation. Located in Downtown Millville, this property is also situated inside a highly coveted Opportunity Zone, offering various tax incentives to its owner. Nearby are some of the town+GGs best entertainment and dining offerings, including the Levoy Theatre, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while value is still there. Post pandemic, the return of downtown events will bolster High St and propel Real Estate values. Call today for more information and to schedule a private tour of this property and the other two tenant occupied properties available in the package. Total package price is $599,000.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T14:54:18.853.
www.marylandrealestatesearch.com/homes/117416912
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101 N High Street MILLVILLE, NJ 08332

  • Price: $175,000
  • Status: Active
  • On Site: 193 Days
  • Updated: 62 min ago
  • ID#: NJCB132928
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1900
Built
Neighborhood:
Millville City (20610)
County:
Cumberland
Area:
Millville City (20610)
School District:
Millville Area
Property Description
Calling all investors! Being offered as part of a 3 commercial property package (along with 103 and 113 N High St), you do not want to miss this rare opportunity to invest in Turnkey Downtown Millville Real Estate. 101 N High is a huge, open, and multi-use space, home for many years to the Incredible Bulk. Boasting an open layout with a dedicated storage area, a restroom, and a large 2 bedroom apartment upstairs, this property offers optionality for investors as either a completely cash-flowing, tenant occupied asset, or as a perfect live/work situation. The commercial space is open and ready to be occupied, and the upstairs apartment is tenant occupied. At full occupancy, this is a great cash-flow situation. Located in Downtown Millville, this property is also situated inside a highly coveted Opportunity Zone, offering various tax incentives to its owner. Nearby are some of the town+GGs best entertainment and dining offerings, including the Levoy Theatre, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while value is still there. Post pandemic, the return of downtown events will bolster High St and propel Real Estate values. Call today for more information and to schedule a private tour of this property and the other two tenant occupied properties available in the package. Total package price is $599,000.
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Parking Types On StreetParking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3200.00 Cooling Central A/C Exclusions Tenant Personal And Professional Property. Heating Baseboard - Hot WaterForced Air Heating YN Yes Inclusions All Fixed Utility Systems. Net Square Feet 3200.00

Property Features

Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment BuildingConvenience Store/GasFlexProfessionalOther Central Air YN Yes Cooling Fuel Electric Entry Level 1 Gross Income 12000.00 Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Millville City Navigable Water YN N Net Operating Income 3733.00 New Construction YN No Number Of Units Total 2 Operating Expense Includes InsuranceWaterSewer Original MLSNumber 304616946929 Owner Pays InsuranceTaxes - Real Estate Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 4934.00 Tax Assessment Amount 136800.00 Tax Lot 00019 Total Actual Rent 12000.00 Vacation Rental YN No Water Source Public Zoning B-3 Zoning Description Mixed Use -- Commercial Downstairs/Residential Rental Upstairs.

Listing courtesy of Depalma Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Lee Tessier Team | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-11-30T14:54:18.853.
 
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Lee Tessier Team | eXp Realty
2225 Old Emmorton Rd Suite 207
Bel Air MD, 21015