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36 Market Street,  Salem NJ, 08079

(Active)
$499,000
|
18,227 sqft
|
MLS# NJSA2008768
Last Updated: 5/5/2024 2:02 AM
Description for 36 Market Street Salem, NJ 08079
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!
Price
$499,000
SALEM
18,227 (approx)
NJSA2008768
Active
Description
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!
Listing Information
Property Type: Retail, Business Opportunities, Other
1.7 Acres 18,227 (approx) 1960
Public
Public Sewer
Cable Available, Natural Gas Available
3 Total
Neighborhood
Room Information
Interior Features
Electric Water Heater
Vinyl, Concrete, Carpet
Central Air, Ceiling Fan(s)
Gas Heat, Oil, Radiant, Forced Air, Hot Water
Security System
Exterior / Lot Features
10 Parking Spaces,
Shingle
0.00 x 0.00
Residential Limited Commercial
Community Features
Security System
Driving Directions
From Woodstown, Route 45 South toward Salem, PIQ on your left hand side
Financial Considerations
13-00016-00009
$19,746
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 5/5/2024 2:02 AM 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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