NJ > Pennsville
Pennsville, NJ 08070,2-6 CHESTNUT ST #A,B,C,D
Pennsville, NJ 08070,2-6 CHESTNUT ST #A,B,C,D
Pennsville, NJ 08070,2-6 CHESTNUT ST #A,B,C,D
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$399,900
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2,880 SqFt
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2-6 CHESTNUT ST #A, B, C, D Pennsville, NJ 08070

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Michelle McMaster

Michelle McMaster

+1(856) 335-5586

UPDATED:

11/14/2024 06:02 PM

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

Bright MLS (BMLS)
Listed by David H. Wright • Mahoney Realty Pennsville, LLC

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Michelle McMaster

Broker | License ID: 1542221

+1(856) 335-5586

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2-6 CHESTNUT ST #A,B,C,D

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