13 N East Blvd - Flex FOR SALE


Vineland, NJ 08360- Vineland/Millville
$1,100,000 USD
856-692-4368
13 N East Blvd, Vineland, NJ for Sale
$1,100,000 USD
Flex - FOR SALE
1/72
null | Request Cap Rate

13 N East Blvd
Vineland, NJ 08360
Vineland/Millville


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$39 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

13 N East Blvd, Vineland, NJ

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1949

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.58

LAND SF

25,265

ZONING

B-1 UEZ

APN/PARCEL ID

14-03019-0000-00002

ASK ABOUT THIS PROPERTY

Carlo DrogoeXp RealtyMore Info
856-692-4368

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Carlo DrogoeXp RealtyMore Info
856-692-4368

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