214 2nd St, Millville, NJ 08332-6502
This exceptional mixed-use property, located at 214 N 2nd Street in Millville, NJ, presents a compelling investment opportunity. The 1,986 square foot building sits on a 0.1-acre lot and is currently configured as two separate units, both of which have enjoyed consistent tenant occupancy for over a year. Zoned B3 Commercial, this versatile property offers a wide array of potential uses. Imagine establishing your professional office space here – the possibilities are extensive and include, but are not limited to, attorney offices, medical practices (doctors, dentists), real estate agencies, insurance businesses, or even a daycare center. The flexibility of the layout allows for diverse operational strategies. You could occupy the ground floor for your business and rent out the second floor for additional income, utilize both floors as rental units for a strong investment portfolio, or even live upstairs while operating your business downstairs. The asking price is $185,000. Please note that interior photographs were taken before the current tenants moved in. This property's strong rental history and prime commercial zoning make it an ideal addition to any investment portfolio. Don't miss this chance to acquire a well-maintained, income-generating asset in a thriving location.
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Ferrigno Cherylann Law Firm
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
B-3 · Millville, NJMillville. Always verify with local authorities before improvements.
Costs & 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.