Commercial/Residential Investment **Unlimited Business Possibilities!!! Location, Location, Location!** This once in a lifetime investment opportunity could be passed down for generations to come! Located in the heart of Elmer NJ's business district, designated as the "Town Center'', is 15-17 S Main St. Historically known as Elmer 5 &10, Giddens and Cohen's Store. This multi-use property is zoned for commercial as well as residential. The property encompasses close to 8000 sq ft combined. Its location is perfect placement for residents and commuters alike, to easily see and access. This sale is for two commercial storefronts as well as an apartment that offers so much open space that your possibilities are endless. 15 S Main St is currently rented out on a month to month basis as a dog grooming salon. This building is over 2400 sq ft, and consists of an oversized open floor plan of commercial space with a 253 sq ft storage room in the back, as well as a washroom. On the second floor there are rooms that can be used and updated as office or living space. 17 S Main St is a wide open blank canvas, boasting over 2,375 sq ft, with over 11 ft high ceilings and is currently operating as a well known & established screen-printing shop. The basement has an additional 2,200 dry, usable work space with over 9ft ceilings (30 ft steel beams across and up the walls) that has 2 ways to enter from the main floor and 1 way that walks out to the rear of the building into a huge yard/parking area. This location is the perfect place for any business to flourish. If this isn't enough, there is an apartment located on the second floor of 17 S Main St, that is over 900sq ft with 9ft ceilings. It has its own private entrance along the side of the building. All within a mile, there is Inspira Medical Center, several doctors and dentist offices, physical therapy offices, historical churches, 4 banks, a loan center, 2 gas stations, a tire center, an auto repair shop, an electrician shop, a hardware store along with a lumber yard, a dog grooming shop, 2 pizza parlors, an ice cream shop, a coffee shop, a diner, IGA, as well as the well known Dodges Market and Barcas Barber Shop. There is also the Elmer Police Department, Elmer Post Office, UPS drop box (across the street) and the Elmer library. Seasonally there is also Elmer's famous 10.6ft tall Santa's Mailbox, where kids come from several surrounding towns to drop off their letters to Santa, which get answered by Santa! Elmer is located just 31 miles from Philadelphia, 20 miles from Deptford N.J., & 21 miles from Delaware. The property is conveniently located only 0.2 miles from Rt 40 and only 6 miles from Rt 55! This parcel presents investors with an enticing opportunity to purchase a value-add retail property in a retail hub. This space can be leased out separately or as a whole. Keep in mind that past year rents have increased over 27% and are most likely to keep rising. Some ideal uses for this space include another printing business, Real Estate Offices, Health Care, Bakery, Hair Salon, Ice Cream Parlor, Restaurant, Brewery, Butcher Shop, Grocery Store, Antique Shop, Bicycle Repair Shop, A dance studio and so much more! All this town needs now is you and your business! Countless updates have been made from top to bottom, in the last 3 years. A list of the many updates performed are available in the documents section.
Off market
Zestimate®
$289,900
1517 S Main St, Elmer, NJ 08318
1beds
3baths
3,513sqft
SingleFamily
Built in 1932
-- sqft lot
$289,900 Zestimate®
$83/sqft
$2,025 Estimated rent
Owner options
What's special
Facts & features
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$289,900
2% more+$5,798
With Zillow Showcase(estimated)$295,698