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About This Home
This 0-bedroom, 0-bathroom commercial at 2 CHESTNUT Street in PENNSVILLE, NJ is listed for $359,900. Built in 1972, on a 0.20 acres lot.
This commerical office buildings consists of 2 seperate buildings (1 deed, 1 tax bill). The property consists of a 2 story building with 3 office rental units and a seperate building in the rear of the property. The entire first floor of the main building is an approx.
1,200 unit with a reception area , 3 private offices, a storage area and a private rest room. That suite has it's own HVAC system. The 2nd floor consists of 2 suites both with a reception area and 2 private offices. The 2nd floor suites share a common bathroom.
There is a seperate building out back (faces Chestnut St.) It is 1 large open area with it's own restroom. That building is serviced by electric baseboard heat and a wall a/c unit. The buildings are serviced by a paved parking lot with 9 parking spaces and night time lighting.
The lawn has a sprinkler irrigation system. Recent updates include a new roof on the main building in 2019, all new windows on the 2nd floor newer Luxury Vinyl Flooring in unit C and also in the back building. A new front door with dual sidelights has been installed.
2 Natural gas lines have been installed in anticipation of converting ther building's heaters from fuel oil to natural gas. The current combined rental income is $3,925 per month. Many possiblities!!! Use one unit for your own business and use the incomes from the other units to cover your expensing.
48 hour notice is required for all showings, Possible uses for the building are a business office, an attorney's office, Insurance office, doctor's office, etc. Unit A in the main building is currently vacant..... It's a great time to move your business into this great building! **The listing agent is the property owner
Key Features
- Built in 1972
- 0.20 acre lot
- 9 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$1,925/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2 CHESTNUT Street
PENNSVILLE, NJ 08070
Property Details
Construction
Parking
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2 CHESTNUT Street is listed at $359,900. The estimated monthly payment is $1,560 based on 20% down at 6.5% interest.
Key features include: Built in 1972, 0.20 acre lot, 9 parking spaces.
This property is listed by David H. Wright and can be reached at 6094202029 or wrighthockey1@gmail.com.











