Listed By:
Prime Realty Partners
Address
402 E Broadway, Salem, NJ
Price
$ 125,000
Property Attributes
  • MLS#NJSA2009150
  • TypeCommercial
  • CountySALEM
  • CitySalem
  • AreaSalem City
  • Zip08079
  • StyleRestaurant/Bar,Hair Salon and Spa,Convenience Stor
  • Year Built1960
  • Taxes$ 3458
  • Price$ 125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1000
  • Lot Size4,356 SqFt
Data Source:
Bright MLS
Property Description

Welcome to this fantastic commercial building, ideally situated on a busy Main Street! Recently refreshed and eagerly awaiting a new owner, this versatile property holds immense potential. Currently refreshed as a seafood restaurant, the possibilities for this space are endless let your imagination run wild! The equipment and refrigeration truck included with the property are perfect for those looking to continue the culinary legacy. The prime location ensures excellent visibility and high foot traffic, making it an ideal spot for a new venture. Whether you dream of starting a trendy caf, a boutique shop, or even an office space, this building can accommodate your aspirations. Don't miss out on this incredible opportunity to make your mark on the community. Schedule a viewing today and let this building be the canvas for your entrepreneurial vision!

Price History
10/17/2023 Listed $155,000
1/20/2024 20% - $125,000

General Features

Sewer Public Sewer
Heating 90% Forced Air
Cooling None
Utilities Sewer Available,Water Available,Electric Available
Possession Immediate
Zoning COM
Construction Materials Frame
Year Built 1960
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel None
Business Type Restaurant/Bar,Hair Salon and Spa,Convenience Store/Gas,Other/General Retail,Professional
Accessibility 2+ Access Exits
County SALEM
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Status ACTIVE
Directions Route 45 L on W Broadway
ModificationTimestamp 2024-03-30T01:41:12
City SALEM
Buyer Agent Compensation 3
MLS Area Salem City (21713)
Lot Size Square Feet 4199.00
Tax Assessed Value 44000.0
Waterfront Y/N No
Street Name BROADWAY
Tax Annual Amount 3458.0
Property Condition Good
Price Per Sq Ft 125.0
Acceptable Financing Cash,Conventional
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 197
Location Type Downtown
Standard Status Active
Year Built Source Assessor
Tax Lot 00026
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Oil
Hot Water Electric
Heating Y/N Yes
Central Air Y/N No

Exterior Features

Water Source Public
Inclusions Refrigerator,soda/juice cooler,two deep fryers,oven,tables/chairs,refrigeration truck included (no title) has been stationary-can be used as additional storage and can be hooked up to the building.
Type of Parking On Street
Water View Y/N No
Building Area Total 1000.00
Lot Dimensions 40.00 x 105.00
Lot Size Acres 0.10
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 18800.00
Navigable Water Y/N No
Water Oriented Y/N No
LotDimensionsSource Assessor

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 08079

Price
AVG $410K
$130K
Taxes
AVG $9,330
$3,458
Visits
AVG 162
98
Data Provided by Inside Real Estate®
Year Built
AVG 1956
1960
Walkscore
AVG 35
37
Data Provided by Walkscore® not using MLS data

Areas We Cover