1 MADISON AVENUE, MOUNT HOLLY, NJ

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1 MADISON AVENUE, MOUNT HOLLY, NJ

For Sale

Presented By:

Nancy Kowalik

Nancy Kowalik Real Estate Group
856-371-8608
Licensed In: NJ
License #: 0571544

 

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$ Click for current price

LOW TAXES AND POSITIVE CASH FLOW! INVESTORS don’t 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, Kitchen, Den, as well as washer and dryer. 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’s 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’t 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’s too late!