1102 Chestnut Ave, Vineland, NJ 08360

Property Details for 1102 Chestnut Ave

Year built

1994

Lot size

0.88 lot acres

Property type

Office Units

Property subtype

Medical Office Space

Description

This meticulously maintained Class A office building, located at 1102 E Chestnut Ave, Vineland, NJ 08360, presents a unique investment opportunity. The 4,184 square foot building sits on a 0.88-acre lot and features a desirable traditional office layout, currently configured as a medical office, but easily adaptable to other professional uses. Built in 1994, this two-story building boasts 24 parking spaces, ensuring ample convenience for staff and clients. The interior comprises nine exam rooms, one operatory room, one lab, four private offices, a business office, a large reception/waiting area, and multiple bathrooms. The second floor offers a large conference room, a manager's office, a kitchen/lunchroom, additional storage, and a bathroom. Recent upgrades include a newer roof (installed 3 years ago), a water heater (4 years old), and two of the three HVAC systems (replaced within the last 4 years). An alarm system enhances security. Currently 100% occupied as a single-tenant property, this presents an immediate return on investment, with the potential for additional income through leasing the upper floor or portions thereof. The property is zoned OP and offers significant flexibility for a variety of professional uses. This is a turnkey operation in a prime location, ready for immediate occupancy or lease. The asking price is $325,000, with a price per square foot of $77.68.

Location Insight

City

Vineland

County

Cumberland

State

New Jersey

Longitude

-75.0073899

Latitude

39.4784729