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811 W MAIN STREET
MILLVILLE NJ 08332 US

$875,000

Active Listing ID NJCB2020318
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Lot: 0.71 Acres
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Other

$875,000

Active Listing ID NJCB2020318
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811 W MAIN STREET Stabilized, Mixed-use 6-Unit Commercial building in a high traffic location in growing Millville, NJ! This investment opportunity is 100% occupied with fantastic tenants on long term leases. All lease information is available to qualified buyers. This property is situated on W Main St, diagonal from the Sharp St Wawa and down the Road from the nearest Dunkin Donuts. It is a high traffic corridor between Millville and Bridgeton points, as well as a well traveled road out to the Millville Executive Airport. Listed at an impressive 9% cap rate, this turnkey investment opportunity is your way into the growing economy in Millville, bolstered by a developing Downtown, Riverfront, and by the Trout National Golf Course being built just 15 minutes away. The property consists of 5 commercial units and one 3 bedroom, 2 full bathroom apartment. The apartment has been completely renovated and is one of the nicest units available in Millville. The 5 commercial locations are anchored by the Women, Infants, & Children Center (WIC) and a large eat-in Mexican restaurant (on a 5 year lease). The remaining three units are very large sized retail locations with plenty of parking. This property is extremely well-taken care of by the owner and the tenants, and will take very little if any maintenance outside of the routine. Pair that with great tenants and a growing area and you have the recipe for the perfect long-term hold. You do not want to miss out on this chance to own a secure, occupied and moneymaking building in Millville! Call for any inquiries!

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Property Features

  • Facts
  • Lot Size: 0.71 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Central A/C, Heat Pumps
  • Heating Fuels: Forced Air, Heat Pump

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 875000
  • unparsedaddress: 811 W MAIN STREET
  • postalcity: MILLVILLE
  • stateorprovince: NJ
  • country: US
  • postalcode: 08332
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.71
  • lotsizeunits: Acres
  • lotsizearea: 0.71
  • livingarea: 0
  • livingareaunits: Square Feet
  • latitude: 39.39791
  • longitude: -75.05864
  • 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: 1950
  • listingcontractdate: 2024-09-17
  • listagenturl: http://www.depalmarealty.com
  • countyorparish: CUMBERLAND
  • cooling: Central A/C, Heat Pumps
  • constructionmaterials: Brick
  • heating: Forced Air, Heat Pump
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 28
  • parkingfeatures: Paved or Surfaced
  • waterfrontyn: False
  • franchiseaffiliation: ERA Real Estate
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -75.05864, 39.39791
  • 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/NJCB2020318/?channel=rexren", "MLSModificationTimestamp":"2024-09-17T16:07:59Z", "Neighborhoods":[{"Description":null, "Name":"MILLVILLE CITY"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16541, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:35:55 AM 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.