72 S Broad Street Penns Grove, NJ $ 335,000
72 S Broad Street
$ 335,000
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72 S Broad Street

Penns Grove, NJ, 08069
$ 335,000
Baths0.0 Sq 8,388

Monthly Estimate*

$ 2,340

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Studio

Commercial Property for sale in Penns Grove, NJ

for $335,000. This 8,388 square foot building was built in 1943 on a lot size of 0.32.

Amazing Investment Opportunity in this 8,388 Square Foot Mixed-Use Building. This Building comes with a 1st Floor Huge Commercial Space. A lot of possibilities with this space, including using the front part for a commercial business and converting the back parts into 2 more apartments. The rest of this Massive Building comes with 3 Large Apartments A, B, & C. Apartment A comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment B also comes with 3 Bedrooms, 1 Full Bathroom, and an Open Living Room/Kitchen. Apartment C is the size of a Large Home and features 5 Bedrooms, 2 Full Bathrooms, a Huge Eat-In Kitchen with an Eating Area, a Laundry Room, and a Living Room. Once tidied up, the projected rents for each unit are Unit A at $1,500/month, Unit B at $1,500/month, Unit C at $2,000/month, and the Commercial Space at $2,000/month. This Building also comes with a Gated Private Parking Lot for the Tenants with parking for 10+ cars!!! All units have separate utilities and are currently vacant. Property is being sold in As-Is, Where-Is Condition. Don't miss the opportunity to buy this investment property today!

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Commercial Pending

Price

$ 335,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,254

Style

Apartment Building,Hair Salon and Spa,Medical,/Gen

Lot Size

0.32

Year Built

1943

Town/City

Penns Grove

County/Region

Salem

MLS | Web ID

NJSA2010522

Features
Interior
Heating Fuel Natural Gas
Flooring Laminated Vinyl Tile/Brick Carpet
Hot Water Electric Natural Gas
Total Stories 2
Heating Y/N Y
Street Suffix STREET
Central Air Y/N N
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General
Sewer Public Sewer
Heating Forced Air
Cooling Window Unit(s)
Possession Immediate
Roof Flat
Zoning COMMERCIAL
Security Features Security System
Construction Materials Block Brick Stone
Year Built 1943
Electric 200+ Amp Service Circuit Breakers
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality PENNS GROVE BORO
Business Type Apartment Building Hair Salon and Spa Medical Other/General Retail Professional Storage Warehouse
Accessibility None
County SALEM
New Construction N
Property Type Commercial Sale
Subdivision Name NONE AVAILABLE
Possible Use Apartment Building Apartments Barber/Beauty Clothing Commercial Convenience Store Distribution Dry Cleaner Florist/Nursery Food & Beverage Food Market Medical/Dental Multi-Family Office Printing Prof
Water Access Y/N N
Status PENDING
Directions From Virginia Ave & Main St take Main St west to a left on Broad St to the property on the right side of the street.
City PENNS GROVE
Buyer Agent Compensation 2.5
Total Units 1
MLS Area Penns Grove Boro (21708)
Lot Size Square Feet 14026.00
Waterfront Y/N N
Street Name BROAD
Tax Annual Amount 8254.0
Property Condition Average
Price Per Sq Ft 39.94
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Days on Market 24
Standard Status Pending
Year Built Source Assessor
Tax Lot 00012
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking
Lot Features Level
Water Source Public
Type of Parking On Street Parking Lot
Foundation Details Slab
Water View Y/N N
Building Area Total 8388.00
Lot Dimensions 75.00 x 187.00
Lot Size Acres 0.32
Lot Size Units Square Feet
Lot Size Source Assessor
Door Features Six Panel
Land Assessed Value 20000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 72
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* Excluded Features
List By
Keller Williams Realty - Washington Township

Broker

josh@soldbybehr.com

Email

Affordability Calculator

$3,028
Per Month
77%
23%
0%
Monthly Principal & Interest
$2,340
Monthly Property Taxes
$688
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2024$335,000 Listed Price

Map


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72 S Broad Street, Penns Grove, NJ, 08069 is a Commercial Property for sale at $335,000 with 8,388 sqft and a lot size of 0.32. 72 S Broad Street is a studio with 0.0 baths and was built in 1943. The property's zip code is 08069 which is in Penns Grove, NJ