280 E Broadway, Salem, NJ 08079

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List Price
$220,000
Days on Market
1
Status
ACTIVE
MLS#
NJSA2020540
Lot Size (Acres)
0.17
Year Built
1900
County
Salem
School District
Salem City Schools

Property 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!

Additional Information

Area
Salem City (21713)
Subdivision
Broadway
School District
Salem City Schools
Heating
Radiator(s)
Cooling
Window/Wall
Roof
Shingle
Water
Public
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Realty. Contact: