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103 N High Street

MILLVILLE, NJ 08332
  • $200,000
  • STATUS: Active
  • ON SITE: 155 Days
  • ID#: NJCB132926
$200,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1914
County:

School Ratings & Info

School District:

Description

Calling all investors! Being offered as part of a 3 commercial property package (along with 101 and 113 N High St), you do not want to miss this rare opportunity to invest in Turnkey Downtown Millville Real Estate with an established, loved business as a tenant. 103 N High is an architecturally gorgeous, 2700+ sqft mixed-use property, being occupied presently by the locally loved Bogarts Bookstore and Cafe (on a multi-year lease), and also by a residential tenant upstairs. Boasting a design that beautifully mixes historic and modern features, with a full basement and a loft space, this property is truly turnkey and ready for you to own and earn. Located in Downtown Millville, this property is also situated inside a highly coveted Opportunity Zone, offering various tax incentives to its owner. Nearby are some of the town+GGs best entertainment and dining offerings, including the Levoy Theatre, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while value is still there. Post pandemic, the return of downtown events will bolster High St and propel Real Estate values. Call today for more information and to schedule a private tour of this property and the other two tenant occupied properties available in the package. Total package price is $599,000.

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©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-22T23:51:28.987.
www.saillakerealty.com/homes/117413191
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103 N High Street MILLVILLE, NJ 08332

  • Price: $200,000
  • Status: Active
  • ID#: NJCB132926
0
Beds
0
Baths
0
½ Baths
0.04
Acres
1914
Built
Neighborhood:
Millville City (20610)
County:
Cumberland
Area:
Millville City (20610)
School District:
Millville Area
Property Description
Calling all investors! Being offered as part of a 3 commercial property package (along with 101 and 113 N High St), you do not want to miss this rare opportunity to invest in Turnkey Downtown Millville Real Estate with an established, loved business as a tenant. 103 N High is an architecturally gorgeous, 2700+ sqft mixed-use property, being occupied presently by the locally loved Bogarts Bookstore and Cafe (on a multi-year lease), and also by a residential tenant upstairs. Boasting a design that beautifully mixes historic and modern features, with a full basement and a loft space, this property is truly turnkey and ready for you to own and earn. Located in Downtown Millville, this property is also situated inside a highly coveted Opportunity Zone, offering various tax incentives to its owner. Nearby are some of the town+GGs best entertainment and dining offerings, including the Levoy Theatre, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while value is still there. Post pandemic, the return of downtown events will bolster High St and propel Real Estate values. Call today for more information and to schedule a private tour of this property and the other two tenant occupied properties available in the package. Total package price is $599,000.
Exterior Features

Construction Materials Brick Garage YN No Location Type Downtown Parking Types On StreetParking Lot Property Condition Very Good Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 2700.00 Cooling Central A/C Exclusions Tenant Personal And Professional Property. Heating Forced AirHot Water & Baseboard - Electric Heating YN Yes Inclusions All Fixed Utility Systems. Net Square Feet 2700.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Assessment Year 2020 Association YN No Business Type Apartment BuildingOther/General Retail Central Air YN Yes Cooling Fuel Electric Entry Level 1 Gross Income 24000.00 Heating Fuel Natural GasElectric Hot Water Natural Gas Municipality Millville City Navigable Water YN N Net Operating Income 14550.00 New Construction YN No Number Of Units Total 2 Operating Expense Includes InsuranceRepair/MaintenanceSewerWater Original MLSNumber 304616822158 Owner Pays Taxes - Real EstateInsurance Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Septic Tax Annual Amount 6121.00 Tax Assessment Amount 169700.00 Tax Lot 00020 Total Actual Rent 24000.00 Vacation Rental YN No Water Source Public Zoning B-3 Zoning Description Mixed Use. Commercial DownstairsResidential Rental Upstairs.

Listing courtesy of Depalma Realty.


©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-10-22T23:51:28.987.
 
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Sail Lake Realty
620 South White Horse Pike
Hammonton NJ, 08037