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2-6 Chestnut St, Unit A B C D Pennsville, NJ 08070

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For Sale
$359,900

Two-building commercial property with rental income potential in central location.

Lot size:
0.20 Acres

Property Features for 2-6 Chestnut St

General Information

Standard status
Active
Lot size
0.20 Acres

Building Details

Year built
1972

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Listing Contact
David H Wright
Source: Exitrealty

Listing Agency: Mahoney Realty Pennsville, LLC Listing Agent: David H Wright

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

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Overview

Commercial Office Building with Rental Income

This commercial property comprises two separate buildings on a single deed and tax bill. The main two-story building features three office rental units. The first floor is a 1,200 square foot suite with a reception area, three private offices, a storage area, and a private restroom, complete with its own HVAC system. The second floor contains two office suites, each with a reception area and two private offices, sharing a common restroom. A separate building at the rear of the property, fronting on Chestnut Street, consists of a large open area with its own restroom, serviced by electric baseboard heat and a wall air conditioning unit. The buildings are supported by a paved parking lot with nine spaces and nighttime lighting, and the lawn includes an irrigation sprinkler system. Recent updates include a new roof on the main building in 2019, new windows on the second floor, and new luxury vinyl flooring in Unit C and the back building. The main front door with sidelights is new, and two natural gas lines have been installed in anticipation of converting the main building to natural gas heat. The current combined monthly rental income is $3,925. The property is centrally located and well-maintained. Potential uses include a business office, real estate office, insurance office, construction office, lawyer's office, or doctor's office. The back building is currently used as a business office, and past uses have included a pet groomer, hairdresser, and construction office. Unit C is under lease through 5/31/26, Unit B is on a month-to-month lease, Unit A is currently available, and 6 Chestnut St is leased through 1/21/26. The building's design allows for flexible use, accommodating both business operations and rental income generation.
Location Intelligence

Current Use by Public Records

Office buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

Location Insight

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City
Pennsville
County
Salem
State
New Jersey
Longitude
-75.5212873
Latitude
39.6535453

FAQs

What type of property is this?
Office building - Two-building commercial property with rental income potential in central location.
Where is this office building located?
The property is located at 2-6 Chestnut St, Unit A B C D Pennsville, NJ.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: - Combined monthly rental income of $3,925 provides immediate cash flow.; - Two separate buildings offer flexibility for owner occupancy and rental income.; - Prime location in the center of town enhances business visibility and accessibility.
More about this property
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