Rivera Realty

13 N EAST BOULEVARD, VINELAND, NJ 08360

13 N EAST BOULEVARD, VINELAND, NJ 08360

$999,000

Sq. Ft.: 20,000
Type: Commercial
Listing Courtesy of: EXP Realty, LLC (866) 201-6210
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*** MAJOR PRICE IMPROVEMENT! *** 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.
Listing Courtesy of: EXP Realty, LLC (866) 201-6210
Property Features
Location Information
County: CUMBERLAND
Municipality: VINELAND CITY
Cross Street: Landis Ave & Wood St.
Latitude: 39.48678589
Longitude: -75.02509308
MLS Area: Vineland City (20614)
Interior Features
Heating: Other
Heating Fuel: Natural Gas
Cooling: Other
Exterior Features
Is New Construction: No
Septic or Sewer: Public Sewer
Water: Public
Parking Description: Paved Parking, Private
Lot Size in Acres: 0.58
Commercial/Industrial Type: Banquet Facility/Lodge, Bi
Approximate Net Sq. Ft.: 20,000
Additional Information
ListDate: 2024-03-29 00:00:00.0
Property SubType: Commercial Sale
Year Built: 1949
Status: Active
Tax Year: 2023
Tax Amount: $14,866


$ per month
Year Fixed. % Interest Rate.
Principal + Interest: $
Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at November 23, 2024 12:23 AM ET