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    811 Main St Millville, NJ 08332

    For Sale
    $875,000

    High-traffic location, 6-unit building, 9% cap rate.

    Property size:
    10,095 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional investment opportunity presents a stabilized, mixed-use commercial building located at 811 W Main Street in Millville, New Jersey. The 10,095 square foot property sits on a 0.71-acre lot in a high-traffic area, diagonally across from a Wawa and near a Dunkin' Donuts. Its prime location on W Main Street provides excellent visibility and accessibility, situated between Millville and Bridgeton, and conveniently close to the Millville Executive Airport. The building boasts a 9% cap rate and is currently 100% occupied with long-term tenants. Detailed lease information is available upon request to qualified buyers. The property comprises five commercial units and one residential unit. The residential unit is a renovated three-bedroom, two-bathroom apartment. The commercial space is anchored by a Women, Infants, & Children (WIC) center and a large Mexican restaurant operating under a five-year lease. Three additional large retail spaces are also available, all with ample parking. The property is exceptionally well-maintained, requiring minimal upkeep beyond routine maintenance. This turnkey investment is ideally positioned to benefit from Millville's growing economy, fueled by developments in the downtown area, the riverfront, and the upcoming Trout National Golf Course (located approximately 15 minutes away). This is a rare opportunity to acquire a secure, income-generating property in a thriving market. The asking price is $875,000.

    Property Features for 811 Main St

    General Information

    Property type
    Residential income properties
    Square Feet
    10,095 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    True Vine Pentecostal ... Church Hustle Der'Look LLC Beauty Supply Store Gateway Community Action Social Services Organization MILLVILLE WIC OFFICE Social Services Organization Nature’s Hair World Beauty Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Millville
    County
    Cumberland
    State
    New Jersey
    Longitude
    -75.05874
    Latitude
    39.39769

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    FAQs

    What type of property is this?
    Residential income property - High-traffic location, 6-unit building, 9% cap rate.
    Where is this residential income property located?
    The property is located at 811 Main St Millville, NJ.
    What is the asking price?
    The asking price for this property is $875,000.
    (856) 825-5500
    Request Owner's contact information
    811 Main St Millville, NJ 08332
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    Millville, NJ 08332
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    811 Main St Millville, NJ 08332
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