36 Market St, Salem, Nj

$499,000

Price

18,227 sqft

Building Size

1960

Year Built

Overview
Building Size
18,227 sqft
Year Built
1960
Price Per Sqft
$27.38
Zoning
RLC
Roof
Flat, Shingle, Pitched
Description

Level

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!

Highlights
  • Days on Market: 228
  • Parking Features: Private, Paved Parking
  • Heating: Hot Water, Forced Air, Radiant

Location
Gallery