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United States Postal Service 1016 Ye Greate St 3,418 SF 100% Leased Retail Building Greenwich, NJ 08323 $189,900 ($55.56/SF)
Investment Highlights
- Long-term stability with the United States Postal Service leasing the left unit through 2030.
- Opportunity to operate a restaurant or country store with on-site equipment included.
- Being sold in As Is Condition, enabling value-add upgrades and strategic repositioning.
- Flexible mixed-use layout offering two commercial units plus a recently vacated two-bedroom apartment.
- Ideal for owner-operators who want to live above their business or for investors seeking three-unit income potential.
Executive Summary
Business opportunity awaits! This 3 unit property in Historic Greenwich Township, Cumberland County could be just what you need! The left side is leased by the United States Postal Service into 2030. The right side was formerly a small restaurant but currently is used as an office. Upstairs there is a 2 bedroom apartment that has been recently vacated. Live upstairs and let the downstairs tenants pay your rent....or rent out the apartment and utilize this as an income property with three total tenants. In addition, there is a list of restaurant equipment that will remain with the property if you want to explore opening your own restaurant/county store! (Photos give you an idea of how this unit was set up when used as a restaurant). This property is being sold in As Is Condition with the Buyer responsible for all inspections, certifications and repairs but worth a look.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,418 SF
Building Class
C
Year Built
1857
Price
$189,900
Price Per SF
$55.56
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.45
Lot Size
0.17 AC
Zoning
H.C.
Frontage
66’ on Ye Greate St
Property Taxes
| Parcel Number | 06-00011-0000-00010 | Improvements Assessment | $151,800 |
| Land Assessment | $46,900 | Total Assessment | $198,700 |
Property Taxes
Parcel Number
06-00011-0000-00010
Land Assessment
$46,900
Improvements Assessment
$151,800
Total Assessment
$198,700
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
United States Postal Service | 1016 Ye Greate St
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