280 E Broadway,SALEM, NJ 08079
SALEM, NJ 08079
Description
Unlock the potential of this historic gem located in the vibrant Broadway subdivision! This commercial property, built in 1900, offers a unique opportunity for savvy investors looking to capitalize on a major rehab project. With a generous lot size of 0.17 acres, the possibilities are endless for transforming this space into a lucrative venture. Imagine the potential returns as you breathe new life into this frame structure, strategically positioned to attract foot traffic and business opportunities. The property is ripe for renovation, allowing you to customize the layout and design to meet the demands of today's market. Whether you envision a trendy retail space, a chic office, or a mixed-use development, this property provides the canvas for your vision. Investors will appreciate the on-street parking, enhancing accessibility for customers and clients alike. The location in the Broadway subdivision is a key selling point, with its growing community and increasing demand for commercial spaces. With the right renovations, this property could yield significant rental income or a profitable resale value. Don't miss out on this chance to invest in a property with character and immense potential. With major rehab needed, you have the opportunity to create something truly special that stands out in the market. Seize this opportunity to make your mark in a thriving area-your future investment success starts here!
Details
| MLS # | NJSA2020540 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1900 |
| Days On Site | 15 |
| Listing Provided By | Keller Williams Realty | Dany Samuel Cisneros Mejia |
Features
| Basement | Y |
|---|---|
| Zoning | RLC |
| Acreage | 0.17 |
Interior
| Cooling | Window Unit(s) |
|---|---|
| Heating Yes / No | Yes |
| Heating | Radiator |
Exterior
| Roof | Shingle |
|---|---|
| Construction Materials | Frame |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 5521 |
|---|
Area Information
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | SALEM |
| Zip Code | 08079 |
| Area | Salem City (21713) |
| Community Name | BROADWAY |
| School District | SALEM CITY SCHOOLS |
| Listing VS Median (in BROADWAY) | |
Price: $220,000 low | high Med: $179,000 On site: 15 low | high Med: 41 | |
Market Activity 08079
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Learn More About This Property
| State | NJ |
|---|---|
| County | SALEM NJ |
| City | SALEM |
| Zip Code | 08079 |
| Area | Salem City (21713) |
| Community Name | BROADWAY |
| School District | SALEM CITY SCHOOLS |
| Listing VS Median (in BROADWAY) | |
Price: $220,000 low | high Med: $179,000 On site: 15 low | high Med: 41 | |
 | $190,000223 Johnson StSalem, NJ 08079 |