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    113 N High Street

    MILLVILLE, NJ 08332
    • $299,000
    • STATUS: Active
    • ON SITE: 157 Days
    • ID#: NJCB132884
    UPDATED: 22 min ago
    $299,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    School District:

    Description

    Calling all investors! Being offered as part of a 3 commercial property package (along with 101 and 103 N High St), you do not want to miss this rare opportunity to invest in cash-flowing, turnkey Downtown Millville Real Estate. After recently undergoing a large renovation and receiving special purpose zoning permits, 113 N High is now a beautiful, fully functioning 6000 sqft multi-purpose space, being occupied presently by a Karate Studio. Boasting a wide open layout with a dedicated storage area and two restrooms, this property offers optionality for its current and potential tenants, and is perfectly customizable to the type of business ideas you can dream up. 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 Theater, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while the value entry point is still here. Post pandemic, the return of downtown events will bolster High St business activity 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: 2021-10-25T08:50:04.33.
    www.saillakerealty.com/homes/117408325
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    113 N High Street MILLVILLE, NJ 08332

    • Price: $299,000
    • Status: Active
    • Updated: 22 min ago
    • ID#: NJCB132884
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    1900
    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 103 N High St), you do not want to miss this rare opportunity to invest in cash-flowing, turnkey Downtown Millville Real Estate. After recently undergoing a large renovation and receiving special purpose zoning permits, 113 N High is now a beautiful, fully functioning 6000 sqft multi-purpose space, being occupied presently by a Karate Studio. Boasting a wide open layout with a dedicated storage area and two restrooms, this property offers optionality for its current and potential tenants, and is perfectly customizable to the type of business ideas you can dream up. 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 Theater, which brings a large amount of organic foot traffic to the property. Be a part of the Millville downtown comeback while the value entry point is still here. Post pandemic, the return of downtown events will bolster High St business activity 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 Masonry Garage YN No Location Type Downtown Parking Features Public Parking Types On StreetParking Lot Property Condition Very Good Riparian Rights YN No View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 6000.00 Cooling Central A/C Exclusions Tenant Personal And Professional Property. Heating Forced Air Heating YN Yes Inclusions All Appliances And Utility SystemsAnd All Other Fixed items. Net Square Feet 6000.00

    Property Features

    Acceptable Financing CashConventionalOther Accessibility Features None Assessment Year 2020 Association YN No Business Type Day Care FacilityOther/General RetailProfessionalOtherRecreation Central Air YN Yes Cooling Fuel Electric Gross Income 36000.00 Heating Fuel Natural Gas Hot Water Natural Gas Municipality Millville City Navigable Water YN N Net Operating Income 27700.00 New Construction YN No Number Of Units Total 1 Operating Expense Includes InsuranceWaterSewer Original MLSNumber 304614104991 Owner Pays Taxes - Real EstateInsurance Ownership Interest Fee Simple Possession Settlement Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 4952.00 Tax Assessment Amount 137300.00 Tax Lot 00023 Total Actual Rent 36000.00 Vacation Rental YN No Water Source Public Year Built Effective 2018 Zoning B-3 Zoning Description Zoned As Commercial. Has Special Use As A Karate Studio. Can Be Used For Many Different ideas. Was Previously A Music Store.

    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: 2021-10-25T08:50:04.33.
     
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