535 MONMOUTH ST Active

Gloucester City,NJ 08030

$ 275000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCD2095938

Year Built 1890

Annual Tax Amount $9,474

Tax Year 2024

Lot Size 5,388 Sqft

Property Sub-Type Other

Property Description

Seller Motivated...Big Price Reduction! Great opportunity for a new or expanding business with plenty of support from the City since it is in the Urban Enterprise Zone...offering business owners incentives like reduction of sales tax and financial assistance. This is a giant property with excellent visibility and access just off the corner of Monmouth and Broadway. Currently being used as a Dental office, the property is zoned RCS (Retail, Commercial, Service). Any potential use as residential needs to be approved through the city Zoning office. The building looks like it was a side-by-side duplex originally based on the framing and the exterior profile. There are actually 4 levels here: Basement, the first floor (where patients are seen in exam rooms), the second floor which is exclusively used by the staff AND a partial attic which is only used for some mechanicals currently. So, the property is well underutilized and has plenty of room for highest and best use. Easy to show, short notice is ok. Buyer to do their own due diligence to determine viability as a residence. There is an additional parking in the free lot just 1 block away AND the proposed rail line will have a stop just a few blocks away!

Location

Province NJ

County Camden

Area Gloucester City (20414)

Zoning RCS

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Central A/C

Exterior

Water Access N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Gloucester City Schools

Others

Special Listing Condition Standard

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