Listed By:
EXP Realty, LLC
Address
13 N East Boulevard, Vineland, NJ
Price
$ 1,150,000
Property Attributes
  • MLS#NJCB2017372
  • TypeCommercial
  • CountyCUMBERLAND
  • CityVineland
  • AreaVineland City
  • Zip08360
  • StyleBanquet Facility/Lodge,Big Box Retail,Flex,/Genera
  • Year Built1949
  • Taxes$ 14866
  • Price$ 1,150,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage20000
  • Lot Size0.58 Acres
Data Source:
Bright MLS
Property Description

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.

Price History
3/30/2024 Listed $1,150,000

General Features

Sewer Public Sewer
Heating Other
Cooling Other
Possession Negotiable
Zoning LMS
Construction Materials Other
Year Built 1949
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Banquet Facility/Lodge,Big Box Retail,Flex,Other/General Retail,Parking Lot,Professional,Recreation,Storage,Warehouse,Other
Accessibility 32 + wide Doors,2+ Access Exits,Ramp - Main Level,Other
County CUMBERLAND
New Construction No
Property Type Commercial Sale
Possible Use Commercial,Investment,Mixed Use,Professional Service,Retail,Warehouse,Wholesale,Other
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions Between Landis Ave & Wood Street.
ModificationTimestamp 2024-04-19T19:56:13
City VINELAND
Buyer Agent Compensation 2.5
Total Units 4
MLS Area Vineland City (20614)
Lot Size Square Feet 25390.00
Tax Assessed Value 470000.0
Waterfront Y/N No
Street Name EAST
Tax Annual Amount 14866.0
Price Per Sq Ft 57.5
Acceptable Financing Cash,Private,Conventional
Lease Considered Y/N Yes
Vacation Rental Y/N No
Days on Market 33
Location Type Business District
Standard Status Active
Year Built Source Assessor
Tax Lot 00002
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 2
Heating Y/N Yes
Street Suffix BOULEVARD
Central Air Y/N No
Total Restrooms 6

Exterior Features

Parking Features Paved Parking,Private
Water Source Public
Total Parking Spaces 40
Type of Parking Parking Lot
Water View Y/N No
Building Area Total 20000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.58
Lot Size Units Square Feet
Lot Size Source Assessor
Total Loading Docks 2
Land Assessed Value 291500.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
LotDimensionsSource Assessor
Car Parking Spaces 34

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08360

Price
AVG $420K
$1.15M
Taxes
AVG $10,007
$14,866
Visits
AVG 174
54
Data Provided by Inside Real Estate®
Year Built
AVG 1955
1949

Areas We Cover