$399,900

26 Chestnut St, Pennsville, NJ 08070

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1972
  • Property Lot Size Icon8,712sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 10 months ago

Property Description

This commercial office building consists of 2 separate buildings (1 deed, 1 tax bill). The property consists of a 2 story building with 3 office rental units and a separate rental building in the rear. The entire first floor of the main building is a 1,200 square foot suite with a reception area, 3 private offices, a storage area and a private rest room. The suite has it's own HVAC System. The 2nd floor consists of 2 office suites, each with a reception area and 2 private offices. The suites share a common rest room. There is a separate building at the back of the property that fronts on Chestnut Street (6 Chestnut). It is one large open area and it's own rest room. That is serviced by electric baseboard heat and a wall air conditioning unit (tenant pays heat $ electric) The buildings are serviced by a paved parking lot with 9 parking spaces and night time lighting. The lawn has an irrigation sprinkler system. Recent updates include a new roof on the main building in 2019, new windows on the 2nd floor of the main building, new Luxury Vinyl Flooring in unit C and also in the back building. The main front door with sidelights is new and 2 natural gas lines have been installed to the building in anticipation of converting the main building to natural gas heat. The current combined monthly rental income is $3,925 per month. The building has been well maintained with a great location in the center of town. Use one unit for your own business and cover expenses with the other 3 units. Or if needed, use 1, or both of the 2nd floor suites for more office space. 48 hour notice for all showings are a must! Listing agent must be present for all showings. Landlord pays electric in main building (#2 Chestnut) and heat for 2nd floor. Tenant pays electric and heat in back building (#6 Chestnut). Possible uses are business office, Real Estate, Insurance, Construction office, Lawyer, Doctor's office, Etc. Back building is currently being used as a business office. Past uses has been a pet groomer, hairdresser and construction office. Unit C in main building has just become vacant. Unit B is on a month to month lease (7 year tenant), Unit A has just become available for rent. 6 Chestnut St is leased thru 1/21/26. The great thing about the design of the building is that you can use as much of the building as needed for your own business needs and collect income from the other units, or use the entire building for your own business.

Listing Status:
Active
Date Added:
May 5, 2025 at 05:00AM
Listing Office:
Mahoney Realty Pennsville, LLC : 8566785533
Listing Agent:
David H. Wright : 6094202029
MLS ID:
NJSA2011834
  • Flooring: Ceramic TileLuxury Vinyl PlankPartially Carpeted
  • A/C: Central A/CProgrammable ThermostatWall UnitZoned
  • Heating: YBaseboard - ElectricForced AirProgrammable ThermostatElectricNatural Gas AvailableOil
  • Disability Feature: None

This listing courtesy of David H. Wright, Mahoney Realty Pennsville, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

P

Penn Beach Elementary School

96 Kansas Rd, Pennsville, NJ, 08070

Grades 4-5

0.87 miles away

P

Pennsville Middle School

4 William Penn Ave, Pennsville, NJ, 08070

Grades 6-8

0.47 miles away

P

Pennsville Memorial High School

110 S Broadway, Pennsville, NJ, 08070

Grades 9-12

0.32 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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