2-6 CHESTNUT ST #A,B,C,D Active Save Request In-Person Tour Request Virtual Tour
Pennsville,NJ 08070
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,880 sqft
Price per Sqft $138
MLS Listing ID NJSA2011834
Originating Board BRIGHT
Year Built 1972
Annual Tax Amount $13,192
Tax Year 2023
Lot Size 8,751 Sqft
Acres 0.2
Lot Dimensions 50.00 x 175.00
Property Description
This commercial office building consists of 2 separate buildings (1 deed, 1 tax bill). The property consists of a 2 story building with 3 office rental units and a separate building in the rear. The entire first floor of the main building is a 1,200 square foot suite with a reception area, 3 private offices, a storage area and a private rest room. The suite has it's own HVAC System. The 2nd floor consists of 2 office suites, each with a reception area and 2 private offices. The suites share a rest room. There is a separate building at the back of the property that fronts on Chestnut Street. It is one large open area and it's own rest room. That is serviced by electric baseboard heat and a wall air conditioning unit. The buildings are serviced by a paved parking lot with 9 parking spaces and night time lighting. The lawn has an irrigation sprinkler system. Recent updates include a new roof on the main building in 2019, new windows on the 2nd floor of the main building, new Luxury Vinyl Flooring in unit C and also in the back building. A front door with sidelights is new and 2 natural gas lines have been installed to the building in anticipation of converting the main building to natural gas heat. The current combined monthly rental income is $3,925 per month. The building has been well maintained with a great location in the center of town. Use one unit for your own business and cover expenses with the other 3 units. 48 hour notice for all showings are a must! Listing agent must be present for all showings. Landlord pays electric in main building (#2 Chestnut) and heat for 2nd floor. Tenant pays electric and heat in back building (#6 Chestnut).
Possible uses are business office, Real Estate, Insurance, Construction office, Lawyer, Doctor's office, Etc.
Back building is being used as a business office. Past uses has been a pet groomer, hairdresser and construction office. Unit C in main building has just become vacant. Unit B is on a month to month lease (7 year tenant), Unit A is leased thru 12/24 and building 6 Chestnut is leased thru 1/26.
Location
State NJ
County Salem
Area Pennsville Twp (21709)
Zoning 04
Interior
Hot Water Electric,Multi-tank
Heating Baseboard - Electric,Forced Air,Programmable Thermostat
Cooling Central A/C,Programmable Thermostat,Wall Unit,Zoned
Flooring Ceramic Tile,Luxury Vinyl Plank,Partially Carpeted
Inclusions some furnishings
Heat Source Electric,Natural Gas Available,Oil
Exterior
Garage Spaces 9.0
Water Access N
Roof Type Architectural Shingle
Street Surface Black Top
Accessibility None
Road Frontage State,Boro/Township
Total Parking Spaces 9
Garage N
Building
Lot Description Corner,Flood Plain,Road Frontage
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Pennsville
Middle Schools Pennsville M.S.
High Schools Pennsville Memorial H.S.
School District Pennsville Township Public Schools
Others
Tax ID 09-02705-00004
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector
Acceptable Financing Conventional,Cash
Listing Terms Conventional,Cash
Financing Conventional,Cash
Special Listing Condition Standard