3470 S Delsea Dr, Vineland, NJ 08360

$1,434,000

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List Price
$1,434,000
Days on Market
61
Status
ACTIVE
MLS#
NJCB2030934
Lot Size (Acres)
1.3599999999999999
Year Built
1960
County
Cumberland
School District
City Of Vineland Board Of Education

Property Description

Welcome to an incredible investment opportunity at this prime strip mall, strategically located on the bustling S Delsea Drive and the corner of College Avenue, just moments away from the Cumberland County Mall. With a total of 5,500 sq ft of rental space and currently boasting 100% occupancy, this property features four vibrant units filled with diverse tenants, including a salon, a vapor shop, and a delightful water ice stand. Recent upgrades, including a brand-new roof installed in 2020 and modern HVAC systems in two stores, ensure a hassle-free experience for both tenants and owners. The parking lot has been revitalized with fresh blacktop and newly lined spaces in 2023, enhancing accessibility for customers. Additional details regarding security deposits, rent escalations, and lease terms are meticulously documented for your convenience. Plus, there is a small residential house at the back of the property, ready for rejuvenation, presenting a fantastic rental potential of $1,200 per month thru a year. Seize this opportunity to invest in a thriving retail space with established tenants and endless potential for growth! Contact the listing agent for comprehensive details, including lease specifics and expense breakdowns. Your next successful venture awaits!

Additional Information

Area
Vineland City (20614)
Subdivision
None Available
Taxes
$24046
School District
City Of Vineland Board Of Education
Flooring
Tile/Brick
View
Street
Heating
Forced Air
Heating Fuel
Electric, Natural Gas Available
Cooling
Central A/C
Roof
Architectural Shingle
Utilities
Water Available, Sewer Available, Electric Available, Natural Gas Available, Cable TV Available, Multiple Phone Lines
Water
Public
Sewer
Public Sewer

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Weichert Realtors-Haddonfield. Contact: 8563945700