REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,595,000
Est. payment /mo
New
1103 W Sherman Ave Vineland, NJ 08360
2 Baths
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 596751
Style Commercial,Commercial Condo,Office Building,Off./Prof. Condo
Year Built 2006
Annual Tax Amount $25,281
Tax Year 2024
Property Description
Prime Commercial Office Building in Vineland's Thriving Business District Exceptional investment opportunity in the heart of Vineland?s medical and professional corridor. This 10,000 sq ft commercial office building offers approximately 4,500 sq ft of modern office space currently leased to a long-term tenant at $18/sq ft NNN, providing immediate income. The remaining 5,500 sq ft is shell space, listed for lease at $20/sq ft, allowing customization for medical, office, or professional use. Building is already cash flowing, which makes it ideal for investors or owner-occupants looking to offset expenses with existing rental income. Highly visible, easily accessible, and strategically located near Inspira Medical Center Vineland, a 305-bed facility that has recently undergone a $34 million expansion to meet growing healthcare demands. The property benefits from Vineland's pro-business environment, including Urban Enterprise Zone incentives such as reduced sales tax rates and potential tax credits for eligible businesses . Additionally, the city's ongoing economic development initiatives aim to attract new businesses and support existing ones, enhancing the area's commercial appeal . Don't miss this prime commercial asset with strong upside potential in a community poised for continued growth.
Location
State NJ
County Cumberland
Community Vineland
Area Vineland City
Location Details Business District,Commercial Park
Rooms
Basement Slab
Interior
Interior Features 220 Volt Electricity, Handicap Features
Heating Gas-Natural, Multi-Zoned
Flooring Carpet-Partial, Linoleum/Vinyl
Exterior
Parking Features 11 or More Spaces, Off Street, Paved
Roof Type Asphalt
Building
Story 1
Sewer Public Sewer
Water Public
Listed by eXp Realty-Northfield