For Sale
$249,900

132 Chestnut StWoodbine, NJ 08270

14,900 SF Flex Space, Vacant, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional value-add investment opportunity presents a 14,900 square foot industrial property situated on a 0.86-acre lot in Woodbine, New Jersey. Located at 132 Chestnut Street, this single-story, 1945-built building is zoned PV and offers significant potential for various uses. Currently vacant, the property's previous use as a boat repair business showcases its adaptability. The expansive space allows for a multitude of commercial applications, including manufacturing, warehousing, or flex space configurations. The property's size and versatility make it an ideal candidate for rental income generation, further enhancing its investment appeal. Low taxes contribute to a strong return on investment. This property is conveniently located just 15 minutes from the beach, offering a desirable location for both business and leisure. The single unit building presents a straightforward management structure, minimizing operational complexities. This is a rare opportunity to acquire a substantial industrial property in a prime location with significant upside potential. The property's size and zoning provide flexibility for a wide range of commercial ventures. Don't miss this chance to capitalize on this promising investment.

Highlights

  • $249,900 asking price for a vacant industrial property.
  • 14,900 square foot flex/manufacturing/warehouse building on a 0.86-acre lot.
  • Single-story, 1945-built building in Woodbine, NJ (08270).
  • PV zoning.
  • Value-add investment opportunity.

Property Details for 132 Chestnut St

Property type
Warehouses, Industrial properties
Square Feet
14,900 SF
Year Built
1945
Buildings
1
Stories
1
Lot Size (sq. ft)
37,462 SF
Units
1

Location Insight

City
Woodbine
County
Cape May
State
New Jersey
Latitude
39.269362946702
Longitude
-74.863359736439
132 Chestnut St, Woodbine, New Jersey

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132 Chestnut St
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