13 N East Boulevard
Vineland, NJ, 08360 $ 1,150,000
Baths0.0 Sq 20,000 Monthly Estimate*
$ 7,643
Studio
for $1,150,000. This 20,000 square foot building was built in 1949 on a lot size of 0.58.
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.
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Commercial ActiveBanquet Facility/Lodge,Big Box Retail,Flex,/Genera
FeaturesInteriorHeating Fuel Natural Gas
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix BOULEVARD
Central Air Y/N N
Total Restrooms 6
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GeneralSewer 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
Municipality VINELAND CITY
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 N
Property Type Commercial Sale
Possible Use Commercial Investment Mixed Use Professional Service Retail Warehouse Wholesale Other
Water Access Y/N N
Status ACTIVE
Directions Between Landis Ave & Wood Street.
City VINELAND
Buyer Agent Compensation 2.5
Total Units 4
MLS Area Vineland City (20614)
Lot Size Square Feet 25390.00
Waterfront Y/N N
Street Name EAST
Tax Annual Amount 14866.0
Price Per Sq Ft 57.5
Acceptable Financing Cash Private Conventional
Lease Considered Y/N Y
Vacation Rental Y/N N
Days on Market 33
Location Type Business District
Standard Status Active
Year Built Source Assessor
Tax Lot 00002
Buyer Agent Compensation Type % Of Gross
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ExteriorParking Features Paved Parking Private
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
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
Land Assessed Value 291500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byexpertsalesteamofexp@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,643
- Monthly Property Taxes
- $1,239
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Vineland, NJ
Average List Price $664,765
Percent of Sale Price 42%
About Vineland, NJ 59,308 Population
5% Since 2002
$ 49,866 Median Income
39.03 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/30/2024 | $1,150,000 | | Listed Price |