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$ 600,000
Active
196-198 E BROADWAY Salem, NJ 08079
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
MLS Listing ID NJSA2014078
Originating Board BRIGHT
Year Built 1940
Lot Size 4,587 Sqft
Acres 0.11
Lot Dimensions 35.00 x 131.00
Property Sub-Type Retail
Property Description
Mixed-Use Investment Opportunity
6 residential units 2 commercial
**MOTIVATED SELLER **.
196-198 E. Broadway, Salem, New Jersey
*Six spacious residential apartments ( Rents below market)
*Two large commercial stores on the ground floor
Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity!
This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.
The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.
This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market.
Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
6 residential units 2 commercial
**MOTIVATED SELLER **.
196-198 E. Broadway, Salem, New Jersey
*Six spacious residential apartments ( Rents below market)
*Two large commercial stores on the ground floor
Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity!
This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential.
The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners.
This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market.
Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.
Location
State NJ
County Salem
Area Salem City (21713)
Zoning MIXED
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Heat Source Electric
Exterior
Water Access N
Accessibility 2+ Access Exits
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Salem City Schools
Others
Tax ID 13-00027-00013
Ownership Other
SqFt Source Estimated
Listed by Jennifer Derevlany • Coldwell Banker Realty