For Sale
$199,900

103 High St Millville, NJ 08332

High-street commercial & residential investment

Overview

Added:
Feb 3
Days on market:
84
This exceptional mixed-use property at 103 N High Street, Millville, NJ, presents a unique investment opportunity in a revitalizing downtown area. The 2,700 square foot building, situated on a 0.04-acre lot, underwent a significant renovation in 2019, updating all mechanical systems. The property features a spacious, currently rented, one-bedroom apartment upstairs, generating a monthly income of $950. Downstairs, the main commercial unit boasts impressive high ceilings, hardwood floors, a back office, and a full bathroom. A full basement and additional second-floor flex space offer versatile options for expansion or storage. Currently vacant, the commercial space allows for immediate occupancy and the potential to establish your own business. This turnkey property offers strong cash flow potential while participating in Millville's ongoing downtown redevelopment. The building is being sold as a package with the adjacent 101 N High Street property, another two-unit mixed-use building. This presents a rare chance to acquire a significant presence in a rapidly improving commercial district. The strategic location on High Street, within a block experiencing substantial new development and redevelopment, ensures strong future growth potential. This is an ideal opportunity for an investor seeking both immediate income and long-term appreciation in a thriving New Jersey market.

Property Details for 103 High St

Property type
Mixed-use properties
Square Feet
2,700 SF
Year Built
1914
Lot Size (sq. ft)
1,742 SF

Location Insight

City
Millville
County
Cumberland
State
New Jersey
Latitude
39.39637
Longitude
-75.03819

FAQs

What type of property is this?
Mixed-use property - High-street commercial & residential investment
Where is the mixed-use property located?
The property is located at 103 High St Millville, NJ.
What is the asking price?
The asking price for this property is $199,900.
How can I contact the broker?
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103 High St
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