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13 N East Blvd, Vineland, NJ 13 N East Blvd

23,430 SF Light Industrial Building Vineland, NJ 08360 £789,220 (£34/SF)

Executive Summary

*** 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.

Property Facts

Price £789,220
Price Per SF £34
Sale Type Investment or Owner User
Property Type Light Industrial
Building Class B
Lot Size 0.58 AC
Rentable Building Area 23,430 SF
Number of Floors 2
Year Built 1949
Tenancy Single
Parking Ratio 1.45/1,000 SF
Opportunity Zone Yes
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-03019-0000-00002
Land Assessment
£230,288
Improvements Assessment
£141,017
Total Assessment
£371,305

zoning

Zoning Code B-1 UEZ ('LMS Zoning' of Landis Ave Main Street District.)
B-1 UEZ ('LMS Zoning' of Landis Ave Main Street District.)
  • Listing ID: 31419282

  • Date on Market: 04/04/2024

  • Last Updated:

  • Address: 13 N East Blvd, Vineland, NJ 08360

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