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35 Seminary Ave 3,100 SF 100% Leased Retail Building Chester, NJ 07930 For Sale
Investment Highlights
- Mixed-use investment with multiple income streams
- Separate single-family rental home included at 34 Perry Street, located on the same block and lot (Block 130, Lot 7)
- Ideal for investors seeking steady cash flow and long-term appreciation
- 2 commercial units (first floor retail/office)
- Proximity to major roadways: Routes 24, 206 & I-287
- Situated in a high-demand Morris County submarket
Executive Summary
An exceptional opportunity to acquire a well-positioned mixed-use investment property in the heart of Chester, NJ. The offering consists of a commercial building featuring two retail/office spaces on the first floor and three residential apartments on the second floor, along with a separate single-family rental home located on the same block and lot at 34 Perry Street.
This mixed-use asset provides multiple income streams with a combination of commercial and residential tenants, making it an attractive opportunity for investors seeking stable cash flow in a highly desirable Morris County location.
This mixed-use asset provides multiple income streams with a combination of commercial and residential tenants, making it an attractive opportunity for investors seeking stable cash flow in a highly desirable Morris County location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,100 SF
Building Class
B
Year Built
2000
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.14
Lot Size
0.51 AC
Zoning
B-1
Parking
24 Spaces (7.74 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 06-00130-0000-00007 | Improvements Assessment | $1,310,007 CAD |
| Land Assessment | $373,532 CAD | Total Assessment | $1,683,540 CAD |
Property Taxes
Parcel Number
06-00130-0000-00007
Land Assessment
$373,532 CAD
Improvements Assessment
$1,310,007 CAD
Total Assessment
$1,683,540 CAD
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35 Seminary Ave
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