2 Main StWoodstown, NJ 08098

Property Details for 2 Main St

Year built

1920

Construction

BRICK

Lot size

0.13 AC

Property size (Sq ft)

8,100 SF

Zone code

C1

Property type

Other commercial real estate

APN

15 00038-0000-00019

APU

1500038000000019

Description

This exceptional mixed-use property, located at 2 South Main Street in the heart of historic downtown Woodstown, New Jersey, presents a compelling investment opportunity. The 8,100 square foot building sits on a 0.127-acre lot at a highly visible corner intersection of Routes 40 and 45, ensuring significant street frontage and ample street parking. Currently 100% leased, the building comprises three residential apartments and up to five retail storefronts, generating consistent rental income. The charming and walkable downtown Woodstown setting offers a vibrant atmosphere, with nearby amenities including various restaurants, a brewery, an antique shop, and a bank, contributing to a strong tenant base and high foot traffic. The asking price for this turnkey investment is $976,000. This property offers a blend of residential and commercial income streams, making it an attractive option for investors seeking a stable and potentially appreciating asset in a desirable New Jersey location. The property's prime location and existing tenancy make it an ideal investment for both seasoned and new investors. The zip code is 08098, and the property is situated in Salem County.

• Alternative Use

  Use

  Valuation

  Residential

  $2,610,664

  Hospitality

  $2,391,354

  Educational

  $1,989,578

  Medical

  $2,058,003

  Retail

  $3,094,900

Location Insight

City

Woodstown

County

Salem

State

New Jersey

Latitude

39.6513

Longitude

-75.3282

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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