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Attention Investors and Business Owners!!! Don't miss out on this incredible opportunity in Westville, NJ. This mixed-use property offers a fantastic chance to offset your mortgage with passive income while also providing versatile business space (3,200+/- sq. ft of office space). The property features three fully rented residential units, each with great tenants, providing immediate rental income. $50,000 annual gross income from the apartments alone. Use the downstairs for personal business use or rent it out! This property offers excellent access to key highways like Routes 130, 295, 76, 676, and 42, along with quick connections to the Walt Whitman, Ben Franklin, and Commodore Barry Bridges. It is conveniently located just 10 miles from Philadelphia and around 30 miles from Wilmington, DE, this location offers easy access to both major cities. The commercial space offers flexibility, with the current owner willing to lease back a portion of the commercial space, or the new owner can take full advantage of the entire space for their own business needs. With a potential cap rate of over 12%, this property presents a great investment opportunity. This is a rare opportunity that you won't want to miss"”schedule your showing today!
Property Type(s):
Commercial
| Last Updated | 3/12/2025 | Year Built | 1928 |
|---|---|---|---|
| Community | Westville Boro (20821) | County | GLOUCESTER |
SCHOOLS
| School District | WESTVILLE PUBLIC SCHOOLS |
|---|
Price History
| Prior to Mar 10, '25 | $649,999 |
|---|---|
| Mar 10, '25 - Today | $650,000 |
Additional Details
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater |
| AREA | Westville Boro (20821) |
| CONSTRUCTION | Other |
| HEAT | Baseboard, Electric |
| LOT | 9583 sq ft |
| LOT DIMENSIONS | 0.00 x 0.00 |
| PARKING | Paved, Parking Lot |
| SEWER | Public Sewer |
| TAXES | 13297 |
| WATER | Public |
Location
Listing provided by BHHS Fox & Roach-Margate
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Keller Williams participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than Keller Williams are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
2025 BRIGHT, All Rights Reserved. Information Deemed Reliable But Not Guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: 4/16/25 10:55 AM PDT
This IDX solution is (c) Diverse Solutions 2025.
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