14 High St Glassboro, NJ 08028-2520
This exceptional 4,640 square foot, single-story masonry building presents a unique investment opportunity in the heart of Glassboro, NJ's revitalization zone. Currently configured as an event center, this property boasts a large central meeting hall, ideal for hosting a variety of functions. Four private offices, a dedicated conference room, and ample storage space provide flexibility for diverse uses. A fully equipped kitchen, a music room, and an art center add to the property's versatility. The building also includes two women's restrooms and one men's restroom, ensuring comfort and convenience for guests. Situated on a 0.11-acre lot at 14 E High Street, this property benefits from its prime location within a rapidly developing area. The building's existing infrastructure, including the event-ready spaces, presents a significant advantage for immediate occupancy and revenue generation. Whether continuing its current use or adapting it to a new purpose, this property offers substantial potential for growth and return on investment. The possibilities are endless for entrepreneurs seeking to capitalize on Glassboro's revitalization and the property's versatile layout. This is a rare opportunity to acquire a substantial commercial property in a thriving New Jersey community. The asking price is $599,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Glassboro, NJCosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.