537-538 North Broadway,  Pennsville NJ, 08070

(Active)
$99,900
|
4 baths, 11,110 sqft
|
MLS# NJSA134116
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Last Updated: 5/25/2019 5:15 AM
Description for 537-538 North Broadway Pennsville, NJ 08070
Great commercial location, located on Route 130 (N. Broadway) just a block from one of the busiest roadways on the east coast. The property is just a couple hundred feet from the NJ Turnpike, I295, Route 40 and the Delaware Memorial Twin Bridges. The building was a restaurant for many years. The first floor features a large dining room with high ceilings, a large bar area and a large kitchen, The 2nd floor has 2 rooms, one used as a large banquet room and 1 for meetings. The building has a full basement and a paved parking lot. The 1st floor is handicap accessible with 2 ramps. Included in the sale is a vacant lot across the street (80'x98') which has been used for overflow parking, The building could be used for may purposes: Offices, daycare, retail, fast food, catering, medical, etc... any remaining restaurant/kitchen supplies will remain with the property, if the buyer requests it. Owner will consider a lease purchase option. Property being sold in "as is" condition. Great location, great opportunity at a great price!! There is a duplex building on the property that is NOT included in the sale. The seller is in the process of subdividing the duplex off of the main building. Once that is completed, the lot will be smaller ( it will NOT affect the size of the parking lot) and the property taxes will also be reduced, The lower property tax has not yet been determined, but the township's rough estimate is that the taxes will be reduced by approximately $3,700 per year.
Price
$99,900
SALEM
4
11,110 (approx)
NJSA134116
Active
Description
Great commercial location, located on Route 130 (N. Broadway) just a block from one of the busiest roadways on the east coast. The property is just a couple hundred feet from the NJ Turnpike, I295, Route 40 and the Delaware Memorial Twin Bridges. The building was a restaurant for many years. The first floor features a large dining room with high ceilings, a large bar area and a large kitchen, The 2nd floor has 2 rooms, one used as a large banquet room and 1 for meetings. The building has a full basement and a paved parking lot. The 1st floor is handicap accessible with 2 ramps. Included in the sale is a vacant lot across the street (80'x98') which has been used for overflow parking, The building could be used for may purposes: Offices, daycare, retail, fast food, catering, medical, etc... any remaining restaurant/kitchen supplies will remain with the property, if the buyer requests it. Owner will consider a lease purchase option. Property being sold in "as is" condition. Great location, great opportunity at a great price!! There is a duplex building on the property that is NOT included in the sale. The seller is in the process of subdividing the duplex off of the main building. Once that is completed, the lot will be smaller ( it will NOT affect the size of the parking lot) and the property taxes will also be reduced, The lower property tax has not yet been determined, but the township's rough estimate is that the taxes will be reduced by approximately $3,700 per year.
Listing Information
Property Type: Other
4 0.26 Acres
3O 11,110 (approx) $24.34
1930
Gas Water Heater, Public Water Service
Public Sewer
Cable TV, Onsite Telephone
Neighborhood
Room Information
Interior Features
Electric, A/C - Zone, Wall Air Conditioning
Gas Heat, Hot Water, Radiators, Wall Unit, Zone
3
Exterior / Lot Features
None
101'x110'
COMMERICAL
Highway Access, Corner, Paved Road
Driving Directions
Building ins on the corner of N Broadway (Route 130) and Broad Street in Deepwater section of Pennsville. 1/4 mile from Delaware Bridges.
Financial Considerations
$15,347
2018
Listing Price History

Pennsville Real Estate

Pennsville is located in New Jersey. Pennsville, New Jersey 08070 has a population of 12,827.

The median household income in Pennsville, New Jersey 08070 is $58,368. The median household income for the surrounding county is $60,768 compared to the national median of $53,482. The median age of people living in Pennsville 08070 is 43.9 years.

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Courtesy: River Beach Realty Inc
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved
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Information is deemed reliable, but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may subsequently have sold and may no longer be available.  
 
The data relating to real estate for sale on this website appears in part through the TReND Broker Reciprocity (SM) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Schneider Real Estate, NJ participates, and is provided by TReND through a licensing agreement.

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