For Sale
$725,000

238 Chestnut AveVineland, NJ 08360

High-traffic corner lot, 8,000 sq ft.

Overview

Added:
Feb 3
Days on market:
62
This exceptional 8,000 square foot multi-family property located at 238 W Chestnut Avenue in Vineland, NJ presents a compelling investment opportunity. Situated on a highly visible 0.35-acre corner lot, this building enjoys significant daily traffic exposure, averaging 14,000 cars passing by. Previously used as a medical building, the property offers immense flexibility for a variety of uses. The building's design incorporates separate utilities for each unit, allowing for efficient management and potential for multiple tenants. Currently, one unit is leased, providing immediate income generation for the new owner. The property's prime location and substantial size make it an ideal choice for owner-occupants seeking a blend of business and residential space, or for investors looking to capitalize on a high-traffic area with strong rental potential. The building's adaptable layout and existing infrastructure offer a solid foundation for a variety of commercial ventures. This is a rare opportunity to acquire a well-positioned multi-family property in a thriving area of Vineland, New Jersey. The asking price is $725,000.

Property Details for 238 Chestnut Ave

Property type
Multifamily properties
Square Feet
8,000 SF
Year Built
1949
Lot Size (sq. ft)
15,246 SF

Location Insight

City
Vineland
County
Cumberland
State
New Jersey
Latitude
39.47958
Longitude
-75.03179
238 Chestnut Ave, Vineland, New Jersey

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238 Chestnut Ave
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