101 High StMillville, NJ 08332

Property Details for 101 High St

Year built

1900

Construction

BRICK

Lot size

0.04 AC

Zone code

B-3

Property type

Other commercial real estate

APN

10 00415-0000-00019

APU

1000415000000019

Description

This exceptional mixed-use investment opportunity encompasses two adjacent properties at 101 and 103 N High Street in Millville, New Jersey. The offering includes a prime, 3,200 square foot building situated on a 0.04-acre lot. 101 N High Street is a beautifully renovated building, boasting a spacious two-bedroom apartment on the upper level and a sizable commercial unit on the ground floor. The commercial space features impressively high ceilings, hardwood flooring, a dedicated back office, and a full bathroom. A full basement adds further utility and storage potential. A significant renovation in 2019 modernized all mechanical systems, ensuring the building is in excellent condition. Both units are currently vacant, allowing for immediate tenant selection and lease negotiations. This property presents a compelling chance to generate immediate cash flow while participating in the ongoing revitalization of Millville's vibrant downtown area. The sale includes the adjacent 103 N High Street, a second mixed-use building with two additional units, creating a substantial portfolio opportunity. This package deal offers significant potential for long-term growth and income generation in a rapidly developing area. The asking price for both properties is $199,900.

• Alternative Use

  Use

  Valuation

  Residential

  $555,919

  Hospitality

  $509,219

  Educational

  $423,664

  Medical

  $438,234

  Retail

  $659,033

Location Insight

City

Millville

County

Cumberland

State

New Jersey

Latitude

39.3963

Longitude

-75.0382

CBSA code

47220

CBSA name

VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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