1 Madison Avenue

MOUNT HOLLY, NJ 08060

  • 0 Bed(s)
  • 0 Bath(s)
  • 0 Sqft
$639,900

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 mop sink included. it hosts 2 bathrooms with extra space to outfit another one if you desire, (consult a licensed contractor). this building is being sold as-is. there are 2 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 annual 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 virtua memorial 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 !!!

  • Property Type

    Multi-Family

  • County

    BURLINGTON

  • Style

    Other

  • AD ID

    46835004

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Property Details

  • Water/Sewer

    • Water Source : Public

    Room Information

    • Patio/Porch Features: Breezeway

    Interior Features

    • Bathroom - Stall Shower,Bathroom - Tub Shower,Bathroom - Walk-In Shower,Breakfast Area,Ceiling Fan(s),Combination Kitchen/Dining,Curved Staircase,Family Room Off Kitchen,Kitchen - Eat-In,Kitchen - Gourmet,Store/Office,Wood Floors,Additional Stairway
    • Roof : Flat,Shingle,Metal
    • Exterior Property Features : Exterior Lighting,Flood Lights,Sidewalks
    • Basement Description: Unfinished,Other,Side Entrance,Outside Entrance
    • Property Appliances: Commercial Range,Dryer - Electric,Dryer - Front Loading,Dryer - Gas,Exhaust Fan,Instant Hot Water,Oven/Range - Gas,Range Hood,Refrigerator,Washer - Front Loading,Washer/Dryer Stacked,Water Heater

    Roofing Information

    • Flat,Shingle,Metal

    Heating & Cooling

    • Cooling: Wall Unit
    • Heating: Wall Unit
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Exterior Features: Exterior Lighting,Flood Lights,Sidewalks
    • Year Built: 1900
    • Structure: Over Storefront
    • Major Appliances: Commercial Range,Dryer - Electric,Dryer - Front Loading,Dryer - Gas,Exhaust Fan,Instant Hot Water,Oven/Range - Gas,Range Hood,Refrigerator,Washer - Front Loading,Washer/Dryer Stacked,Water Heater
    • New Construction: No
    • Total Units: 3
    • Built: 1900
    • Construction Material: Vinyl Siding,Brick
    • Roof: Flat,Shingle,Metal
    • Foundation/Basement: Concrete Perimeter
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Flat,Shingle,Metal

    Exterior Features

    • Utilities: Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available,Under Ground

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Dimensions: 56.00 x 145.00
    • Architectural Style: Other

    Property Information

    • SQ ft: 3,200
    • SQ ft (Living Area): 3,200
    • Financing: Cash,Other
    • Appx. Lot Dimensions: 56.00 x 145.00
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 22

  • Tax Information

    • Annual Tax: $6,695
    • Tax Year: 2023
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $199,500

  • Parking Information

    • Parking Features: Public,Paved Parking
    • Parking Type: Parking Lot

    Multi-Unit Information

    • Acceptable Financing: Cash,Other
    • Roof: Flat,Shingle,Metal

    Homeowners Association Information

    • Direction: Corner of Madison Avenue and Washington Street, Mount Holly, NJ 08060

  • School Information

    • Elementary School: JOHN BRAINERD E.S.
    • Middle OR Junior School: HOLBEIN
    • High School: RANCOCAS VALLEY REG. H.S.
    • School District: RANCOCAS VALLEY REGIONAL SCHOOLS

    Utility Information

    • Water Available,Sewer Available,Natural Gas Available,Electric Available,Phone,Cable TV Available,Under Ground
    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Location Type: Downtown
    • Direction: Corner of Madison Avenue and Washington Street, Mount Holly, NJ 08060
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BuyOwner last updated this listing 11/21/2024 @ 15:20

  • MLS: NJBL2072340
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Other, with 0 bedrooms which is for sale, it has 0 sqft, 3,200 sized lot, and 0 parking. A comparable Other, has bedrooms and baths, it was built in and is located at and for sale by its owner at . This home is located in the city of MOUNT HOLLY , in zip code 08060, this BURLINGTON County Other and are nearby neighborhoods.