About 399 Front St
Attention Savvy Investors... Here's the sound real estate investment you have been looking for to add to your portfolio. Check out this 9,008 +/- sf ( 8,721 +/- sf net rentable area) one-story, four-unit commercial building sitting on 1.95 +/- acres. This property is well designed for medical professional services. You will appreciate this well constructed multi-tenant masonry and steel framed office building with a multi-angle pitched roof. This prime property offers 81 +/- parking spaces (including 4 designated for handicapped parking) on a macadam covered parking lot, pole-mounted lighting, concrete curbing and sidewalks and professional landscaping. The property is in the Zone X flood zone and the RP/LR-1 zoning district. The four (4) units layout are the following: Suite A - 1811 +/- sf , Suite B & C - 2391 +/- sf , Suite D - 1979 +/- sf and Suite E - 2352 +/- sf. Three of the four units are currently leased, and utilities are separately metered. The current gross annual income for the three leased units is $110,304 plus a pro-rata share of the expenses as additional income. Great location – walking distance to Inspira Medical Center and just minutes to Route 40 and Route 55. There is a 45kW natural gas powered Generac generator, which provides back-up power for Suites B and C . Great replacement property to complete a 1031 tax deferred exchange.
Features of 399 Front St
| MLS® # | NJSA2015066 |
|---|---|
| Price | $1,100,000 |
| Bathrooms | 0.00 |
| Square Footage | 8,721 |
| Acres | 1.95 |
| Year Built | 2012 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Active |
Community Information
| Address | 399 Front St |
|---|---|
| Area | Elmer Boro (21703) |
| City | ELMER |
| County | SALEM-NJ |
| State | NJ |
| Municipality | ELMER BORO |
| Zip Code | 08318 |
Amenities
| Utilities | Electric Available, Cable TV Available, Natural Gas Available, Phone Available, Water Available |
|---|---|
| Parking | Paved Parking, Private |
| Is Waterfront | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Central A/C |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Roof | Metal, Pitched |
|---|---|
| Foundation | Concrete Perimeter |
School Information
| District | PITTSGROVE TOWNSHIP PUBLIC SCHOOLS |
|---|---|
| Elementary | ELMER E.S. |
| Middle | ELMER |
| High | ARTHUR P. SCHALICK H.S. |
Additional Information
| Date Listed | June 6th, 2025 |
|---|---|
| Days on Market | 145 |
| Zoning | RP/LR-1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Warner Real Estate & Auction Company |
|---|---|
| Contact Info | 8567694111 |