For Sale
$1,995,000

15 East AveVineland, NJ 08360

NJ School: 5 Buildings, 51,450 SF

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a 51,450 square foot former Catholic high school complex situated on a 1.9-acre lot in Vineland, New Jersey. The property, comprised of five buildings, features a main structure with approximately 42,000 square feet of net rentable space, including 12 classrooms, a large lab/chemistry space, an office, and two teachers' lounges. A gymnasium with locker rooms, a small stage, and a second-floor AV area are also included. Building construction is steel and masonry, with a sealed membrane roof, radiant heat, and a mix of fluorescent and incandescent lighting. The property boasts a poured concrete slab foundation and structural steel framing. Exterior walls are brick, interior walls are drywall, and flooring consists of polished concrete, vinyl composition tile, and commercial-grade carpet. The HVAC system is present in the gymnasium, with window units in other areas. The property includes open-air surface parking, asphalt paving, concrete sidewalks and curbing, pole-mounted lights, and low-maintenance sprinklered landscaping. Located within three miles of State Route 55, the site offers convenient access via curb cuts on North East Avenue and East Landis Avenue. The property is in Flood Zone X (Community Number 340176, Panel Number 34011C0185E, dated June 16, 2016). Zoned for East Gate Mixed Use Redevelopment (EG), permitted uses include retail, commercial, office, schools, educational and training facilities, restaurants, and public/civic assembly spaces. The asking price is $1,995,000, representing $38.78 per square foot and $399,000 per unit. The property is offered fee simple. One building is considered a tear-down. All utilities are on-site.

Highlights

  • $1,995,000 asking price for a 51,450 square foot special purpose property.
  • Former Catholic high school with 42,000 square feet of net rentable space.
  • Five buildings on a 1.9-acre lot in Vineland, New Jersey.
  • East Gate Mixed Use Redevelopment zoning allows for various uses including retail, office, schools, and restaurants.
  • Fee simple ownership.

Property Details for 15 East Ave

Property type
Specialty properties, Schools
Square Feet
51,450 SF
Year Built
1955
Buildings
5
Stories
3
Lot Size (sq. ft)
82,764 SF
Units
5

Location Insight

City
Vineland
County
Cumberland
State
New Jersey
Latitude
39.486364296147
Longitude
-75.01657125693
15 East Ave, Vineland, New Jersey

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15 East Ave
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