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Marjorie Dick Stuart

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811 W Main St, MILLVILLE, NJ – $875,000

  • $875k Price
  • 10,095 Sqft
  • .71 Acres
  • 141 DOM
  • $875k Price
  • 10,095 Sqft
  • .71 Acres
  • 141 DOM

811 W Main St

Stabilized, Mixed-use 6-Unit Commercial building in a high traffic location in growing Millville, NJ! This investment opportunity is 100% occupied with fantastic tenants on long term leases. All lease information is available to qualified buyers. This property is situated on W Main St, diagonal from the Sharp St Wawa and down the Road from the nearest Dunkin Donuts. It is a high traffic corridor between Millville and Bridgeton points, as well as a well traveled road out to the Millville Executive Airport. Listed at an impressive 9% cap rate, this turnkey investment opportunity is your way into the growing economy in Millville, bolstered by a developing Downtown, Riverfront, and by the Trout National Golf Course being built just 15 minutes away. The property consists of 5 commercial units and one 3 bedroom, 2 full bathroom apartment. The apartment has been completely renovated and is one of the nicest units available in Millville. The 5 commercial locations are anchored by the Women, Infants, & Children Center (WIC) and a large eat-in Mexican restaurant (on a 5 year lease). The remaining three units are very large sized retail locations with plenty of parking. This property is extremely well-taken care of by the owner and the tenants, and will take very little if any maintenance outside of the routine. Pair that with great tenants and a growing area and you have the recipe for the perfect long-term hold. You do not want to miss out on this chance to own a secure, occupied and moneymaking building in Millville! Call for any inquiries!

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Essential Information

  • MLS® #NJCB2020318
  • Price$875,000
  • Bathrooms0.00
  • Square Footage10,095
  • Acres0.71
  • Year Built1950
  • TypeCommercial Sale
  • Sub-TypeFive Or More Units
  • StatusActive

Community Information

  • Address811 W Main St
  • AreaMillville City (20610)
  • CityMILLVILLE
  • CountyCUMBERLAND-NJ
  • StateNJ
  • MunicipalityMILLVILLE CITY
  • Zip Code08332

Amenities

  • ParkingPaved Parking
  • ViewStreet

Interior

  • HeatingForced Air, Heat Pump(s)
  • CoolingCentral A/C, Heat Pump(s)
  • # of Stories2

Exterior

  • ExteriorBrick and Siding, Brick Front
  • RoofFlat, Metal

School Information

  • DistrictMILLVILLE AREA

Additional Information

  • Date ListedSeptember 17th, 2024
  • Days on Market141
  • ZoningB-1

Listing Details

  • OfficeDePalma Realty
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Listing information last updated on February 4th, 2025 at 2:46pm CST.