1016 Ye Greate St - Storefront Retail/Residential FOR SALE


Greenwich, NJ 08323
$189,900 USD
856-207-2308
1016 Ye Greate St, Greenwich, NJ for Sale
$189,900 USD
Storefront Retail/Residential - FOR SALE
1/1
null | Request Cap Rate

1016 Ye Greate St
Greenwich, NJ 08323


HIGHLIGHTS

  • Long-term stability with the United States Postal Service leasing the left unit through 2030.
  • Flexible mixed-use layout offering two commercial units plus a recently vacated two-bedroom apartment.
  • Opportunity to operate a restaurant or country store with on-site equipment included.
  • Ideal for owner-operators who want to live above their business or for investors seeking three-unit income potential.
  • Being sold in As Is Condition, enabling value-add upgrades and strategic repositioning.

OVERVIEW

Business opportunity awaits! This 3 unit property in Historic Greenwich Township, Cumberland County could be just what you need! The left side is leased by the United States Postal Service into 2030. The right side was formerly a small restaurant but currently is used as an office. Upstairs there is a 2 bedroom apartment that has been recently vacated. Live upstairs and let the downstairs tenants pay your rent....or rent out the apartment and utilize this as an income property with three total tenants. In addition, there is a list of restaurant equipment that will remain with the property if you want to explore opening your own restaurant/county store! (Photos give you an idea of how this unit was set up when used as a restaurant). This property is being sold in As Is Condition with the Buyer responsible for all inspections, certifications and repairs but worth a look.

FOR SALE DETAILS

PRICE

$189,900 USD

PRICE/SF

$56 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

United States Postal Service

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1857

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,588 SF

ZONING

H.C.

APN/PARCEL ID

06-00011-0000-00010

ASK ABOUT THIS PROPERTY

Michelle EvansThe Roarke AgencyMore Info
856-207-2308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Michelle EvansThe Roarke AgencyMore Info
856-207-2308

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.