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    1-3 Madison Avenue

    MOUNT HOLLY, NJ 08060
    • $230,000
    • STATUS: Active
    • ON SITE: 13 days
    • ID#: NJBL391250
    UPDATED: 47 min ago
    $230,000
    • 0
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Information

    Elementary School:
    Middle School:

    Description

    LOW TAXES AND POSITIVE CASH FLOW! INVESTORS don+GGt miss out on this AMAZING INVESTMENT/RENTAL OPPORTUNITY! This is a 2-FOR-1 DEAL: COMMERCIAL AND RESIDENTIAL! On the 1st floor is an attractive MULTI-USE retail store space and on the 2nd floor is two single-family units. Storefront is currently VACANT and can be a great investment to LEASE or use for your own business endeavors- your choice! Space offers 1,600 SQ FT and was formerly used as a food service shop and there is a pre-existing industrial refrigerator included. It has great potential for a number of other uses including but not limited to a restaurant, bar, coffee shop, art gallery, hair/nail salon, barber shop, laundromat and much more! On the 2nd floor you will find two rentable units, both FULLY TENANTED! Unit #1 offers 1 generously sized Bedroom, Full Bath, Kitchen and cozy Family Room area. Unit #2 has 2 Bedrooms, Full Bath, as well as a spacious Kitchen and quiet Den. Both units boast polished wood floors throughout most of the space and plenty of bright natural light. Commercial portion on 1st floor is also available to LEASE, refer to MLS# NJBL391252.This is truly a GREAT LOCATION, situated in the middle of Mt Holly+GGs busy downtown area with tons of shopping and major roadways nearby. Location offers HIGH VISIBILITY at the busy signalized intersection of King/Washington St. for tons of EXPOSURE for your thriving business. Mt. Holly has an estimated population of 24,338 people and 3,861 households with an average annual income of $153,728. It is a very vibrant and diverse town, being ranked #5 Most Diverse Suburb in Burlington County. ADDED BONUS: the property is also located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting NJ Department of Community Affairs website. Don+GGt miss your chance to acquire this AMAZING INVESTMENT OPPORTUNITY in the center of a LIVELY downtown community- without the hassle of traveling to the city! Call us TODAY to schedule your private showing before it+GGs too late!

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-02-26T07:43:58.583.
    www.saillakerealty.com/homes/114216505
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    1-3 Madison Avenue MOUNT HOLLY, NJ 08060

    • Price: $230,000
    • Status: Active
    • Updated: 47 min ago
    • ID#: NJBL391250
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    1900
    Built
    Neighborhood:
    Mount Holly Twp (20323)
    County:
    Burlington
    Area:
    Mount Holly Twp (20323)
    Elementary School:
    Eastampton E.S.
    Middle School:
    Eastampton M.S.
    High School:
    Rancocas Valley Reg. H.S.
    School District:
    Mount Holly Township Public Schools
    Property Description
    LOW TAXES AND POSITIVE CASH FLOW! INVESTORS don+GGt miss out on this AMAZING INVESTMENT/RENTAL OPPORTUNITY! This is a 2-FOR-1 DEAL: COMMERCIAL AND RESIDENTIAL! On the 1st floor is an attractive MULTI-USE retail store space and on the 2nd floor is two single-family units. Storefront is currently VACANT and can be a great investment to LEASE or use for your own business endeavors- your choice! Space offers 1,600 SQ FT and was formerly used as a food service shop and there is a pre-existing industrial refrigerator included. It has great potential for a number of other uses including but not limited to a restaurant, bar, coffee shop, art gallery, hair/nail salon, barber shop, laundromat and much more! On the 2nd floor you will find two rentable units, both FULLY TENANTED! Unit #1 offers 1 generously sized Bedroom, Full Bath, Kitchen and cozy Family Room area. Unit #2 has 2 Bedrooms, Full Bath, as well as a spacious Kitchen and quiet Den. Both units boast polished wood floors throughout most of the space and plenty of bright natural light. Commercial portion on 1st floor is also available to LEASE, refer to MLS# NJBL391252.This is truly a GREAT LOCATION, situated in the middle of Mt Holly+GGs busy downtown area with tons of shopping and major roadways nearby. Location offers HIGH VISIBILITY at the busy signalized intersection of King/Washington St. for tons of EXPOSURE for your thriving business. Mt. Holly has an estimated population of 24,338 people and 3,861 households with an average annual income of $153,728. It is a very vibrant and diverse town, being ranked #5 Most Diverse Suburb in Burlington County. ADDED BONUS: the property is also located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting NJ Department of Community Affairs website. Don+GGt miss your chance to acquire this AMAZING INVESTMENT OPPORTUNITY in the center of a LIVELY downtown community- without the hassle of traveling to the city! Call us TODAY to schedule your private showing before it+GGs too late!
    Exterior Features

    Construction Materials BrickVinyl Siding Garage YN No Location Type Downtown Lot Features CornerRoad Frontage Parking Features Paved ParkingPublic Parking Types Parking Lot Riparian Rights YN No Roof Shingle View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 3200.00 Cooling Window Unit(S) Exclusions Two Ovens And Cameras Located inside 1st Floor Store Space Are Not included Flooring WoodTile/BrickCarpet Heating Radiator Heating YN Yes Net Square Feet 1600.00

    Property Features

    Acceptable Financing UsdaFhaConventional Accessibility Features Ramp - Main Level Assessment Year 2020 Association YN No Business Type Other/General RetailProfessionalSupermarket/Grocery Store Central Air YN No Cooling Fuel Electric Electric 100 Amp Service Heating Fuel Electric Hot Water Natural Gas Incorporated City Name Mount Holly Twp Navigable Water YN N New Construction YN No Number Of Units Total 3 Original MLSNumber 304475780359 Owner Pays All Utilities Ownership Interest Fee Simple Possession Immediate Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 6107.00 Tax Assessment Amount 199500.00 Tax Lot 00005 Vacation Rental YN No Water Source Public Zoning Residential/Commercial Zoning Description 1st Floor is Commercial Zoned And 2nd Floor is Residential With 2 Apartment Units

    Listing courtesy of Nancy Kowalik Real Estate Group.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Sail Lake Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-02-26T07:43:58.583.
     
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