Building 5 - Chestnut Commons
Three Story Iconic Office, Residential, and Educational Space.
Marketing description
Prime Investment Opportunity in Vineland, NJ: Chestnut Commons Building 5
Situated within the prestigious Chestnut Commons campus, Building 5 stands as a three-story architectural icon spanning 19,000 square feet across 4.38 acres of meticulously landscaped grounds. Boasting IN-2 institutional zoning, this versatile property offers a myriad of potential uses, making it an ideal investment opportunity for owner-users and value-add investors alike.
Key Features:
Historic Significance: Formerly serving as a corporate headquarters for a prominent health and human services group, with prior use as an inpatient behavioral health facility, this building holds a rich history of serving the community. Property has potential to receive a historical tax credit for a redevelopment
Flexible Floor Plan: The expansive layout encompasses three floors, featuring a blend of office space, common areas, and Jack and Jill style bedrooms. With 18 existing bedrooms and the potential to expand to approximately 30 bedrooms with a reconfigured second floor, the possibilities for adaptation are endless.
Picturesque Surroundings: Nestled within the serene Chestnut Commons campus, spanning 150 acres of lush greenery, this property offers a tranquil environment conducive to a wide array of human services and professional endeavors.
Convenient Location: Strategically located in the heart of Vineland, NJ, with convenient access to Route 55, the property enjoys seamless connectivity to Philadelphia, just a 45-minute drive away.
Available Spaces in Chestnut Commons:
Office and Medical Office Space
Residential Inpatient, Hospice, and Assisted Living Facilities
Transitional Housing and Group Homes
Contact Us:
For more information about Building 5 and the array of leasing opportunities within Chestnut Commons, please contact Kyle at 856-745-1430. Don't miss your chance to be a part of this thriving community hub.
Investment highlights
Institutional Zoning...Three-story Iconic building that can be used for various uses. Office, Residential Health Care Facility, Community Centers, and more. With a very large yard and room to expand an owner user or value-add investor can purchase this building and create a flagship location for a variety of uses. The third floor is filled with Jack and Jill style bedrooms, the second floor is office space that can be converted to bedrooms or kept as is, and the first floor is office + common space that could also be converted to bedrooms if needed. There are currently 18 existing bedrooms and with an adjusted floor plan on the second floor, can take this number to around. The owner of the building is willing to make the necessary repairs if an interested buyer comes to the table or Prime Rock can sell the property as is to a group with re-development experience.
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