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Parisha Smith

parisha@homesbysmithandco.com +1(215) 834-3030

Listed by Dany Cisneros Mejia • Keller Williams Realty

$220,000

Est. payment - /mo

7,261 Sqft Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Broadway

MLS Listing ID NJSA2020540

Year Built 1900

Annual Tax Amount $5,521

Tax Year 2025

Lot Size 7,261 Sqft

Acres 0.17

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Unlock the potential of this historic gem located in the vibrant Broadway subdivision! This commercial property, built in 1900, offers a unique opportunity for savvy investors looking to capitalize on a major rehab project. With a generous lot size of 0.17 acres, the possibilities are endless for transforming this space into a lucrative venture. Imagine the potential returns as you breathe new life into this frame structure, strategically positioned to attract foot traffic and business opportunities. The property is ripe for renovation, allowing you to customize the layout and design to meet the demands of today's market. Whether you envision a trendy retail space, a chic office, or a mixed-use development, this property provides the canvas for your vision. Investors will appreciate the on-street parking, enhancing accessibility for customers and clients alike. The location in the Broadway subdivision is a key selling point, with its growing community and increasing demand for commercial spaces. With the right renovations, this property could yield significant rental income or a profitable resale value. Don't miss out on this chance to invest in a property with character and immense potential. With major rehab needed, you have the opportunity to create something truly special that stands out in the market. Seize this opportunity to make your mark in a thriving area-your future investment success starts here!

Location

State NJ

County Salem

Area Salem City (21713)

Zoning RLC

Interior

Hot Water Electric

Heating Radiator

Cooling Window Unit(s)

Inclusions All existing fixtures, permanently installed equipment, and appliances currently located at the property, to the extent owned by the seller, are included in the sale in their present as-is condition, unless otherwise excluded in the agreement of sale.

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Shingle

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Salem City Schools

Others

Tax ID 13-00035-00006

Ownership Fee Simple

Acceptable Financing Cash, Conventional, FHA 203(k)

Listing Terms Cash, Conventional, FHA 203(k)

Financing Cash,Conventional,FHA 203(k)

Special Listing Condition Standard

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Parisha Smith

+1(215) 834-3030

Agent License ID: 2075169

280 E BROADWAY Salem, NJ 08079

Parisha Smith

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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