811 Main StMillville, NJ 08332

Property Details for 811 Main St

Year built

1950

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

0.71 AC

Property size (Sq ft)

10,095 SF

Zone code

B-1

Property type

Other commercial real estate

APN

10 00073-0000-00001

APU

1000073000000001

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $3,140,862

  Hospitality

  $2,877,013

  Educational

  $2,393,641

  Medical

  $2,475,962

  Retail

  $3,723,442

Location Insight

City

Millville

County

Cumberland

State

New Jersey

Latitude

39.3977

Longitude

-75.0587

CBSA code

47220

CBSA name

VINELAND-MILLVILLE-BRIDGETON, NJ METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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