For Sale
$165,000

62 Front St Salem, NJ 08079

3100 SF Vacant Building, $165,000

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional investment opportunity presents a 3,100 square foot vacant commercial building located at 62 Front Street in Salem, New Jersey, 08079. The property is priced at $165,000, translating to $57.74 per square foot. Currently vacant, this building offers significant potential for a variety of uses. The open layout provides flexibility for customization, and the existing features include two restrooms and office spaces. The building is situated in a M-1 (Light Manufacturing) zoning district, allowing for a wide range of permitted uses. These include, but are not limited to, retail stores, restaurants, cafes, professional offices, private schools, personal service shops, and the manufacturing of clothing, beverages, and medical/dental products. The property benefits from gas heat, public water, and sewer connections. This absolute NNN lease type property presents a strong investment opportunity in a prime location. The building's versatile design and zoning flexibility make it an ideal choice for savvy investors seeking a high-return asset in a thriving New Jersey market. Don't miss this chance to acquire a well-positioned commercial property with substantial upside potential. The property is ready for immediate occupancy.

Highlights

  • 3,100 SF vacant commercial building at 62 Front Street, Salem, NJ 08079.
  • Priced at $165,000 ($57.74/SF).
  • Open layout, two restrooms, existing office spaces.
  • M-1 (Light Manufacturing) zoning allows diverse uses including retail, restaurants, and light manufacturing.
  • Features gas heat, public water, and sewer.
  • NNN lease type property.

Property Details for 62 Front St

Property type
Retail properties, Restaurants
Square Feet
3,100 SF

Location Insight

City
Salem
County
Salem
State
New Jersey
Latitude
39.5749946
Longitude
-75.4762776

FAQs

What type of property is this?
Retail property - 3100 SF Vacant Building, $165,000
Where is the retail property located?
The property is located at 62 Front St Salem, NJ.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 3,100 SF vacant commercial building at 62 Front Street, Salem, NJ 08079.; Priced at $165,000 ($57.74/SF).; Open layout, two restrooms, existing office spaces.
How can I contact the broker?
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62 Front St
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