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318 E Broadway,  Salem NJ, 08079

(Active)
$299,000
|
3,985 sqft
|
MLS# NJSA2008056
Last Updated: 5/4/2024 3:49 PM
Description for 318 E Broadway Salem, NJ 08079
Attention Savvy Investors... Looking for a new investment to add to your portfolio? Check out this stand- alone, 1-story commercial building with great, stable rental history. The long-standing tenant, Sherwin Williams has leased the building for decades. The property has been well maintained and offers a current rental income of $32,760 per year. Tenant pays water, sewer, electric, heat and reimburses owner for the majority of the property taxes and insurance. Lease with SW extended thru 9/30/2024.
Price
$299,000
SALEM
3,985 (approx)
NJSA2008056
Active
Description
Attention Savvy Investors... Looking for a new investment to add to your portfolio? Check out this stand- alone, 1-story commercial building with great, stable rental history. The long-standing tenant, Sherwin Williams has leased the building for decades. The property has been well maintained and offers a current rental income of $32,760 per year. Tenant pays water, sewer, electric, heat and reimburses owner for the majority of the property taxes and insurance. Lease with SW extended thru 9/30/2024.
Listing Information
Property Type: Retail, Business Opportunities, Other
0.24 Acres 3,985 (approx) 1990
Brick
Public
Public Sewer
Natural Gas Available
Neighborhood
Room Information
Interior Features
Electric Water Heater
Concrete, Laminate
Central Air
Oil, Forced Air
Exterior / Lot Features
6 Parking Spaces, On Street
Brick
64.00 x 165.00
Driving Directions
Route 45 South into Salem, make (L) on Broadway, PIQ will be on your left
Financial Considerations
13-00038-00009
$8,544
Listing Price History

Salem Real Estate

Salem is located in New Jersey. Salem, New Jersey 08079 has a population of 4,720.

The median household income for the surrounding county is $68,176 compared to the national median of $66,222. The median age of people living in Salem 08079 is 42 years.

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Courtesy: Warner Real Estate & Auction Company
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
This content last refreshed on 5/4/2024 3:49 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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