For Sale
$850,000

73 Maskells Mill RdSalem, NJ 08079

6,200 SF Vacant Building, Huge Potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 6,200 square foot commercial property, located at 73 Maskells Mill Road in Salem, New Jersey, presents a unique investment opportunity. Currently vacant, the building boasts a rich history as the former Wave Maker 4 Swim Club and offers a versatile layout ideal for various uses. The property includes a large indoor pool, ample office space, workout rooms, and restroom facilities. Situated on a generous 3.85-acre lot with 136 feet of road frontage, the property enjoys excellent visibility and accessibility. A significant advantage is the presence of an income-generating solar array, comprising 756 solar panels and two 75 kW solar inverters located at the pool, providing substantial monthly income. The property is zoned Village Residential (VR), offering flexibility for adaptive reuse. Ample paved parking is available on-site. The asking price is $850,000. This property is perfect for an investor seeking a strong return on investment or a business owner looking for a unique and well-equipped space. The combination of the building's features, the solar array's income potential, and the strategic location makes this a compelling opportunity in the Salem, New Jersey market.

Highlights

  • 6,200 SF commercial building on 3.85-acre lot in Salem, NJ.
  • Currently vacant, former swim club with indoor pool, office space, workout rooms, and restrooms.
  • Features a 756-panel solar array generating substantial monthly income.
  • 136 feet of road frontage, ample paved parking, and excellent visibility.
  • Zoned Village Residential (VR), allowing for adaptive reuse.
  • Asking price: $850,000.

Property Details for 73 Maskells Mill Rd

Property type
Specialty properties, Office properties
Square Feet
6,200 SF
Lot Size (sq. ft)
167,706 SF

Location Insight

City
Salem
County
Salem
State
New Jersey
Latitude
39.4961717
Longitude
-75.4288658
73 Maskells Mill Rd, Salem, New Jersey

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73 Maskells Mill Rd
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