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$300,000

  • Sold
  • Closed
  • Retail
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JUST REDUCED $75,000! Attention Savvy Investors... Check out this rare-find property with (3) commercial buildings situated on about 1.7 +/- acres in Salem City. All three buildings are rented to long -standing tenants and the total rental income is nearly $59,000 per year. The main building is currently used as an Antique Mall/Consignment retail store and is approximately 11,403 +/- sf. This building has an alarm system and monitored fire alarm system. The second building is a block building (1824 +/- sf) with overhead doors, 3-phase electric and is currently used as a machine shop. The rear building is a block building (5000 +/-sf) and is currently used as a print shop with an open layout and offices. The monthly rental income is $1800.00 (Antique Mall/Consignment Store), $700.00 (Machine Shop) and $2416.66 for the print shop. "Don't wait for the right opportunity: create it." Invest in Your Future Today!

Full Property Details for 36 Market St

General

  • Sold For: $300,000
  • Taxes: $19,746 (2023)
  • Status: Closed
  • Type: Retail
  • Source: BrightMLSPhilly
  • MLS ID: NJSA2008768
  • Added to Site: 898 day(s) ago

Business

  • Business Type: Other/General Retail, Other

Interior

  • Flooring: Partially Carpeted, Concrete, Vinyl

Rooms

Bathrooms

  • Restrooms: 3

Additional Information

  • Security/Safety: Monitored, Security System

Parking

  • Total Spaces: 10
  • Parking Features: Private, Paved Parking
  • Parking Type: Parking Lot, Driveway

Location

  • Area: Salem City (21713)
  • Municipality: SALEM CITY
  • County: Salem
  • Cross Streets: Grant
  • Driving Directions: From Woodstown, Route 45 South toward Salem, PIQ on your left hand side
  • Location Details: Free Standing

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C, Ceiling Fan(s), Wall Unit
  • Cooling Fuel: Electric
  • Heating Type: Hot Water, Forced Air, Radiant
  • Heating Fuel: Oil, Natural Gas
  • Water Heater: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electric Available, Natural Gas Available, Cable TV Available, Sewer Available, Water Available

Structural Information

  • Construction: Block
  • Roof: Flat, Shingle, Pitched
  • Drive-In Doors: 1
  • # Loading Docks: 1
  • Stories/Levels: 0
  • Year Built: 1960
  • Year Built Source: Assessor
  • Property Condition: Average

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size (Acres): 1.7
  • Lot Size (Sq. Ft.): 74,052
  • Lot Size Source: Assessor
  • Lot Dimensions: 0.00 x 0.00
  • Street/Road Desc.: Black Top
  • Lot Features: Level
  • Zoning: RLC
  • Lot Description: Level

Financial Considerations

  • Price Per Sq. Ft.: $21.94
  • Assessment Year: 2023
  • Tax w/Assessment: $251,200
  • Tax Amount: $19,746
  • Tax Year: 2023

Disclosures and Reports

  • Ownership: Fee Simple
  • Exclusions: tenant's personal property
  • Lot Number: 9

Listed by Warner Real Estate & Auction Company, Richard G Warner
Sold by Warner Real Estate & Auction Company, Richard G Warner

Listing agent

— 36 Market St —

  • Richard G Warner

    Warner Real Estate & Auction Company

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 36 Market St

School District:Salem City School District
NameGradesDistance
Salem Middle School
51 New Market Street, Salem, NJ 08079
3-80.5 mi
John Fenwick Elementary School
183 Smith Street, Salem, NJ 08079
PK-20.7 mi
Salem High School
219 Walnut Street, Salem, NJ 08079
9-121.3 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 36 Market St

Date
Details
Price
Change
Source
4/15/2025
Sold
$300,000
-24.98%
MLS
7/27/2024
Price Increased
$399,900
0.23%
MLS
7/25/2024
Price Reduced
$399,000
-6.12%
MLS
7/08/2024
Price Reduced
$425,000
-14.83%
MLS
9/14/2023
Listed
$499,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Warner Real Estate & Auction Company, Richard G Warner
Sold by Warner Real Estate & Auction Company, Richard G Warner

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36 Market Street, Salem, NJ 08079 (MLS# NJSA2008768) is a Retail property that was sold at $300,000 on April 15, 2025. Want to learn more about 36 Market Street? Do you have questions about finding other Retail real estate for sale in Salem? You can browse all Salem real estate or contact a Coldwell Banker agent to request more information.