Homes for sale - 36 MARKET ST, Salem, NJ 08079

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Justin Selby

justinselby@collinirealestate.com +1(856) 364-1548

$399,900

Est. payment - /mo

18,227 SqFt

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UPDATED:

09/03/2024 10:42 AM

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 18,227 sqft

Price per Sqft $21

MLS Listing ID NJSA2008768

Originating Board BRIGHT

Year Built 1960

Annual Tax Amount $19,746

Tax Year 2023

Lot Size 1.700 Acres

Acres 1.7

Lot Dimensions 0.00 x 0.00

Property Description

JUST REDUCED $75,000! Attention Savvy Investors... Check out this rare-find property with (3) commercial buildings situated on about 1.7 +/- acres in Salem City. All three buildings are rented to long -standing tenants and the total rental income is nearly $59,000 per year. The main building is currently used as an Antique Mall/Consignment retail store and is approximately 11,403 +/- sf. This building has an alarm system and monitored fire alarm system. The second building is a block building (1824 +/- sf) with overhead doors, 3-phase electric and is currently used as a machine shop. The rear building is a block building (5000 +/-sf) and is currently used as a print shop with an open layout and offices. The monthly rental income is $1800.00 (Antique Mall/Consignment Store), $700.00 (Machine Shop) and $2416.66 for the print shop. "Don't wait for the right opportunity: create it." Invest in Your Future Today!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RLC

Interior

Hot Water Electric

Heating Hot Water, Forced Air, Radiant

Cooling Central A/C, Ceiling Fan(s), Wall Unit

Flooring Partially Carpeted, Concrete, Vinyl

Heat Source Oil, Natural Gas

Exterior

Garage Spaces 10.0

Utilities Available Electric Available, Natural Gas Available, Cable TV Available, Sewer Available, Water Available

Water Access N

Roof Type Flat,Shingle,Pitched

Street Surface Black Top

Accessibility None

Road Frontage City/County

Total Parking Spaces 10

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00016-00009

Ownership Fee Simple

SqFt Source Assessor

Security Features Monitored,Security System

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

Special Listing Condition Standard

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Listed by Richard G Warner • Warner Real Estate & Auction Company

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Justin Selby

+1(856) 364-1548

Agent | License ID: 1867481

Agent License ID: 1867481

36 MARKET ST Salem, NJ 08079

Justin Selby

Justin Selby

Key Details

Location

Interior

Exterior

Building

Schools

Others

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36 MARKET ST