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Mount Holly,NJ 08060
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $199
MLS Listing ID NJBL2071164
Year Built 1900
Annual Tax Amount $6,695
Tax Year 2023
Lot Size 8,120 Sqft
Property Description
GREAT INVESTMENT OPPORTUNITY FOR SMALL BUSINESS OWNERS AND ENTREPRENEURS! This is a must-see for anyone looking to start their own business. Check it out before it's too late! Spacious 1st Floor RETAIL space located in downtown historical Mount Holly with low monthly rent. It's currently a restaurant. This is a place where you can upstart and grow your own business. It's in the UEZ Commercial zone and has a diverse number of uses for your own business, including a restaurant, bar, beauty salon/barber shop, art gallery, coffee shop, and so much more potential (obtain more information on applications for funding via possible grants or loan applications to outfit your business from the County or State UEZ Department). This storefront was previously used as a food service shop and has a walk-in refrigerator included and a mop sink. It hosts two bathrooms with extra space to outfit another one if you desire, (consult a Licensed Contractor). This building is being sold as-is. There are 3 built-in heating/air conditioning units already in place, and also have ductwork and hookups available if you want to install a condenser unit to convert to central air and heat (consult a licensed contractor). There is an opportunity to also subdivide the business into 2 or 3 business opportunities (must be approved by the township planning board). There are 2 separate front door entrances in the front and a rear door entrance as well. In the store, all bathrooms, floorings, and kitchen was completely renovated. The roof is metal and had a partial replacement. All commercial windows, front doors, and apartment windows were replaced. The plumbing and electrical were updated. All new gutters were recently installed. The restaurant downstairs, 2 bedroom apartment and 1 bedroom apartment upstairs, are fully leased. The restaurant is paying $2,275.00 a month; the 1 bedroom apartment upstairs is currently paying $1,650.00 a month rent; and, the 2 bedroom apartment upstairs is currently paying $1,850.00 a month rent, bringing the total monthly rent to $5,775.00 a month revenue, $69,300 gross income. All tenants pay their own utilities and the water bill is split 3 ways between the tenants. This building is in a great location down the street from Virtuan Hospital and at the corner of Madison and Washington streets where the NJ Transit bus stop is located. PLEASE DO NOT APPROACH THE OWNER OF ZADDY'S RESTAURANT. Make your offer before it's too late !!!
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Wall Unit
Cooling Wall Unit
Flooring Tile/Brick
Inclusions 2 air conditioning/heating units, two bathrooms from commercial space; 2 stackable washer and dryers, 2 microwaves, 2 refrigerators, 2 stoves, 1 dishwashers, and 4 window air conditioning units from both apartments upstairs inclusive.
Exterior
Garage Spaces 6.0
Utilities Available Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available,Under Ground
Waterfront N
Water Access N
Roof Type Flat,Shingle,Metal
Building
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools John Brainerd E.S.
Middle Schools Holbein
High Schools Rancocas Valley Reg. H.S.
School District Rancocas Valley Regional Schools
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Special Listing Condition Standard