Vineland, NJ 08360 1206 W Sherman Avenue # 2A

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Presented By: OMNI Real Estate Professionals
  • MLS# NJCB2024320
  • 05/22/2025
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  • SQFT • 7,310

Home Details

Presenting a premium 7,310 sq. ft. medical office condominium located just 0.5 miles from Inspira Medical Center Vineland. Built in 2008, this well-maintained facility is currently occupied by IMG Vineland Surgical Associates, with a temporary gross lease in place and a projected conversion to a triple net (NNN) lease at $20$21/SF thereafter. With a strong potential cap rate, this investment opportunity offers long-term upside. The interior features 11 fully equipped exam rooms, 12 private offices, and two spacious waiting areas; as well as a staff cafeteria, conference room, full bathroom and additional office space on the second floor. The building includes five bathrooms (four half, one full), four points of entry and exit, and benefits from excellent on-site parking with 58 designated spaces spanning the front and side of the building. Operational infrastructure includes multi-zone HVAC systems (serviced annually), two hot water heaters, and a condo fee of approximately $10,000/year which covers roof and exterior maintenance. Real estate taxes are approximately $26,073 annually. This medical office is ideal for investors or end-users seeking a turnkey facility in a high-demand healthcare corridor.
Presented By: OMNI Real Estate Professionals

Interior Features for 1206 W Sherman Avenue # 2A

Bathrooms

Total Restrooms5

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Total Stories2

Other Rooms

Entry Level1

General for 1206 W Sherman Avenue # 2A

Accessibility2+ Access Exits, Level Entry - Main
Association Recreation FeeN
Business TypeMedical
CityVINELAND
Construction MaterialsVinyl Siding, Brick
Cool FuelElectric
CoolingCentral A/C
CountyCUMBERLAND
DirectionsGPS, building 2A
ExclusionsPersonal Property
HeatingForced Air
Lease Considered Y/NYes
Location TypeDowntown
Lot Size Square Feet307534.00
Lot Size UnitsSquare Feet
MLS AreaVineland City (20614)
ModificationTimestamp2025-06-05T14:15:22
MunicipalityVINELAND CITY
New ConstructionNo
Number Of Units Total1
OwnerPaysAll Utilities
OwnershipFee Simple
PossessionNegotiable, Settlement
Price Per Sq Ft Total AG198.36
Property SubtypeOffice
Property TypeCommercial Sale
Property UseOwner User
Security FeaturesSecurity System
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameNONE AVAILABLE
Tax Annual Amount26073.0
Tax Assessed Value818900.0
Tax Lot00031
Tax Year2024
Unit Number2A
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built2008
Year Built SourceEstimated
ZoningCOMM

Exterior for 1206 W Sherman Avenue # 2A

Building Area Total7310.00
Car Parking Spaces58
Lot Size Acres7.06
Lot Size SourceEstimated
Navigable Water Y/NNo
Parking FeaturesHandicap Parking, Lighted Parking, Paved Parking, Private
Total Loading Docks0
Total Parking Spaces58
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $1,450,000
MLS#NJCB2024320
List Date 05/22/2025
Property Type Commercial
Phone 703.929.4729
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