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608-616 N HIGH STREET N
MILLVILLE NJ 08332 US

$325,000

Active Listing ID NJCB2011586
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Lot: 0.18 Acres
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Other

$325,000

Active Listing ID NJCB2011586
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608-616 N HIGH STREET N HUGE opportunity to own 6, 899 square feet of updated, turnkey office space at an incredible price. This well-recognized two-story property is one of the finest office buildings in all of Millville, having been the primary offices for numerous doctors over the years. The property is fully equipped to handle medical or other professional services businesses, has a paved parking lot with proper signage, lighting, and accessibility. The property is also one of the highest trafficked areas in the City, offering incredible visibility to your business or your tenants. There are two downstairs units each with their own bathrooms and reception areas ready to be occupied. In addition, there are 9 designated office spaces (and potentially more) upstairs that could each be rented by individual small businesses, or rent the entire upstairs to a small to medium size third tenant. Upstairs you will find a common area bathroom and kitchen area as well as staircases on each side of the hall. At one point this property was bringing in north of $110, 000 a year in rental revenue and requires minimal expenses. The pro forma cap rates are an opportunity that is extremely rare to come by. Not only is the cashflow potential remarkable, but you are buying a large commercial property that, along with commercial growth and development in the City, is very likely to appreciate at a high level moving forward. Prior Income/Expense reports are available on request by serious buyers along with upstairs floorplan. Property will be delivered vacant.

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Property Features

  • Facts
  • Lot Size: 0.18 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C
  • Exterior Finish: Level Entry - Main
  • Heating Fuels: Forced Air

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 325000
  • unparsedaddress: 608-616 N HIGH STREET N
  • postalcity: MILLVILLE
  • stateorprovince: NJ
  • country: US
  • postalcode: 08332
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.18
  • lotsizeunits: Acres
  • lotsizearea: 0.18
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.402526
  • longitude: -75.039169
  • listagentfullname: Mike DePalma
  • listagentemail: michael.depalma4@gmail.com
  • listagentkey: 3yd-TRENDPA-3242226
  • listagentmlsid: 3242226
  • listagentpreferredphone: 8563646697
  • listagentofficephone: 8563646697
  • listofficekey: 3yd-TRENDPA-DEPALM
  • listofficemlsid: DEPALM
  • disclaimer: Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TRENDPA
  • yearbuilt: 1990
  • listingcontractdate: 2023-03-14
  • listagenturl: http://www.depalmarealty.com
  • countyorparish: CUMBERLAND
  • cooling: Central A/C
  • constructionmaterials: Stucco
  • heating: Forced Air
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 20
  • parkingfeatures: Paved or Surfaced, Special Needs
  • waterfrontyn: False
  • franchiseaffiliation: ERA Real Estate
  • interiorfeatures: 2+ Access Exits
  • exteriorfeatures: Level Entry - Main
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.03917, 39.402527
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"DePalma Realty LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"larry.depalma@gmail.com", "ListBrokerageCity":"Millville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"larry.depalma@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TRENDPA/c5ababc320f35e680120f38052c2000d/20101219085304480.png", "ListBrokerageName":"DePalma Realty LLC", "ListBrokeragePhone":"856-364-6697", "ListBrokeragePostalCode":"08332", "ListBrokerageStateOrProvince":"NJ", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"111 N. High Street", "ListBrokerageWebsiteUrl":"http://www.depalmarealty.com", "ListOfficeAddress1":"111 HIGH STREET", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":null, "ListOfficeCity":"MILLVILLE", "ListOfficeCountry":"US", "ListOfficeEmail":"larry.depalma@gmail.com", "ListOfficePostalCode":"08332", "ListOfficeStateOrProvince":"NJ", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial - MILLVILLE, NJ", "ListingURL":"https://listings.listhub.net/pages/TRENDPA/NJCB2011586/?channel=rexren", "MLSModificationTimestamp":"2024-06-10T06:40:12Z", "Neighborhoods":[{"Description":null, "Name":"MILLVILLE CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":13621, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/22/2024 4:18:18 PM GMT
Source Updated Date: 11/21/2024 7:02:54 AM GMT

Courtesy of: Mike DePalma, DePalma Realty, michael.depalma4@gmail.com

Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.