318 320 E Broadway, Salem, Nj

$299,000

Price

3,985 sqft

Building Size

1990

Year Built

Overview
Building Size
3,985 sqft
Year Built
1990
Price Per Sqft
$75.03
Zoning
R-2
Roof
Flat
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.

Highlights
  • Days on Market: 262
  • Parking Features: Paved Parking, Private
  • Heating: Forced Air

Location
Gallery