13 N East Blvd, Vineland, NJ | 13 N East Blvd
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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 | Rentable Building Area | 23,430 SF |
Price Per SF | £34 | Number of Floors | 2 |
Sale Type | Investment or Owner User | Year Built | 1949 |
Property Type | Light Industrial | Tenancy | Single |
Building Class | B | Parking Ratio | 1.45/1,000 SF |
Lot Size | 0.58 AC | Opportunity Zone |
Yes
|
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 |
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Walk Score ®
Very Walkable (81)
PROPERTY TAXES
Parcel Number | 14-03019-0000-00002 | Improvements Assessment | £141,017 |
Land Assessment | £230,288 | Total Assessment | £371,305 |
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.) |
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13 N East Blvd, Vineland, NJ | 13 N East Blvd
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