36 MARKET ST Active Save Request In-Person Tour Request Virtual Tour
Salem,NJ 08079
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 18,227 sqft
Price per Sqft $21
MLS Listing ID NJSA2008768
Year Built 1960
Annual Tax Amount $19,746
Tax Year 2023
Lot Size 1.700 Acres
Property Description
JUST REDUCED $75,000! 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!
Location
State NJ
County Salem
Area Salem City (21713)
Zoning RLC
Interior
Hot Water Electric
Heating Hot Water,Forced Air,Radiant
Cooling Central A/C,Ceiling Fan(s),Wall Unit
Flooring Partially Carpeted,Concrete,Vinyl
Exterior
Garage Spaces 10.0
Utilities Available Electric Available,Natural Gas Available,Cable TV Available,Sewer Available,Water Available
Water Access N
Roof Type Flat,Shingle,Pitched
Building
Lot Description Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Salem City Schools
Others
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Special Listing Condition Standard