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318-320 E Broadway

SALEM, NJ 08079
  • $299,000
  • STATUS: Active
  • ON SITE: 332 Days
  • ID#: NJSA2008056
UPDATED: 160 min ago
$299,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1990
County:

School Ratings & Info

School District:

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.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-25T13:59:21.753.
www.charisrealtygroup.com/homes/140960977
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318-320 E Broadway SALEM, NJ 08079

  • Price: $299,000
  • Status: Active
  • On Site: 332 Days
  • Updated: 160 min ago
  • ID#: NJSA2008056
0
Beds
0
Baths
0
½ Baths
0.24
Acres
1990
Built
Neighborhood:
Salem City (21713)
County:
Salem
Area:
Salem City (21713)
School District:
Salem City Schools
Property 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.
Exterior Features

Construction Materials BlockBrick Garage YN No Location Type Downtown Parking Features Paved ParkingPrivate Parking Types Parking LotOn Street Property Condition Good Road Responsibility City/County Road Surface Type Black Top Roof Flat Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 3985.00 Cooling Central A/C Flooring ConcreteLaminated Heating Forced Air Heating YN Yes Net Square Feet 3985.00 Security Features Exterior Cameras

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Gross Income 32760.00 Heating Fuel Oil Historic YN No Hot Water Electric Lease Considered YN No Municipality SALEM CITY Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802438905748 Ownership Interest Fee Simple Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 8544.00 Tax Lot 00009 Total Actual Rent 32760.00 Transportation Bus Stop less than 1 mile Utilities Electric AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning R-2

Listing courtesy of Warner Real Estate & Auction Company: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Charis Realty Group. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-25T13:59:21.753.
 
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Charis Realty Group
1896 Urbana Pike, Suite 6
Clarksburg MD, 20871