NJ
SALEM
SALEM
08079
196 E BROADWAY Rd
196 E BROADWAY Rd, SALEM, NJ 08079
Listing Type
Rental
Listing Status
active
0
$600,000

Home Details for 196 E BROADWAY Rd

Price
$600,000
Type
Commercial Lease
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1940
Lot size acres
0.11
County
SALEM
Garage
Days on site
1
MLS Listing#
NJSA2014078
Listing Courtesy: Coldwell Banker Realty - 856-685-5600
Property Description

Mixed-Use Investment Opportunity 6 residential units 2 commercial **MOTIVATED SELLER **. 196-198 E. Broadway, Salem, New Jersey *Six spacious residential apartments ( Rents below market) *Two large commercial stores on the ground floor Welcome to 196-198 E. Broadway, Salem, New Jersey – a prime investment opportunity! This mixed-use property boasts approximately 8,870 square feet, featuring six residential apartments and two large commercial stores on the ground floor. Situated in the heart of Salem City, this property offers the perfect blend of residential comfort and commercial potential. The residential units are spacious, providing comfortable living spaces, while the commercial stores offer a great opportunity for retail businesses, offices, or service providers. The property's central location ensures easy access to everything, making it a highly attractive option for both tenants and business owners. This property is ideal for investors looking to expand their portfolio with a mixed-use building that promises steady rental income from both residential and commercial tenants. Its prime location and versatile use make it a valuable asset in the real estate market. Don't miss out on this fantastic investment opportunity in Salem City, New Jersey.

Property Features
  • Heating Information
    • Electric
    • Baseboard
  • Parking
    • On Street
    • Other
  • Cooling Information
    • None
  • Water Features
    • Public
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 EXIT Realty 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-03-08 20:26:39
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Bright MLS.
EXIT PREFERRED REALTY
2615 Augustine Herman Hwy , Chesapeake City, MD 21915
Office
410 398 9000
Request more details
Code: