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811 Main St Millville, NJ 08332

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For Sale
$875,000

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

Property size:
10,095 SF

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

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Listing Contact
Michael Depalma

Listing Agency: DePalma Realty Listing Agent: Michael Depalma

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

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 Profile Insight Report Location Intelligence

Current Use by Public Records

True Vine Pentecostal ... Church Hustle Der'Look LLC (Bike/Boat/Book/etc) Store Gateway Community Action Social Service Agency MILLVILLE WIC OFFICE Social Service Agency Nature’s Hair World (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Big Box & Wholesale Store

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

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.
More about this property
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