158 S White Horse Pike
Audubon,
NJ
08106
Tom Marinelli with Keller Williams Realty Preferred Properties,
original listing - (609) 324-7600
Property Details
| List Price: |
$1,499,000 |
| Beds: |
-- |
| Baths: |
-- |
| Status: |
Active |
SqFt: |
-- |
| Agency: |
Keller Williams Realty Preferred Properties |
| Agency Phone: |
(609) 324-7600 |
Description/Comments
| Lot Size: |
0 acre(s) |
| Property Type: |
Commercial Sale-Other |
| Year Built: |
1909 |
| Notes: |
HAVE YOUR 3 APARTMENTS SUBSIDIZE YOUR MORTGAGE/SHOP/BUSINESS EXPENSES!! Owner Operator for Retail/Garage/Storage Space and large parking lot with stable residential triplex or an excellent “Mixed Use” opportunity for an investor in a prime retail location CORNER LOT in Audubon (Camden County) with existing successful bedliner business, 7 conditioned garage bays, retail space, basement storage and multiple (triplex) residential rental units (currently occupied). This is a turn key property and a great opportunity for an Owner Operator who can run their business out of the retail store front, garages and parking lot and collect passive income from the existing Triplex rental units with strong rental history. Owner Operator model ideal for Auto Mechanic, HVAC/Plumbing/Electrician/Landscape Contractor or any business with several required vehicles and field employees. With 2,400+ SF for the 3 residential units that are recently renovated and 4,900 SF of combined commercial use space between the retail store front, 7 garage bays, storage areas, bathroom and basement. <br />
> Total Triplex potential Annual Rental Income $114,000 to $132,000. With potential Annual Net Operating Income $89,000 to $107,000<br />
> The location is directly on the main road going through the center of Audubon with 19,242 traffic counts per day. This is an excellent location for a retail store.<br />
> Built in the early 1900s and has gone through several renovations and upgrades in the past few decades and the property and buildings are very well maintained. Parking in front and back for 15+ outside spaces and 10+ spaces inside. <br />
>Triplex is 2,418 SF with three residential one-bedroom and one-bathroom units with consistent rental income that is currently $54,000 annually before the next rent increase. Two upstairs kitchens, stoves, refrigerators and hardwood floors are 1-2 years old and have 5-year-old bathrooms.<br />
> Windows 1-2 years old, CCTV Camera System, One 12000 lb 4 post drive on lift, Two Air compressors with air dryer, Two pressure washers with hose reels.<br />
> Garage roof ages: Front garage bay roof brand new. Middle garage roof 1 year old. Over residential apartment roof units 3 years old. Rear garage bay roof 15-20 years old. <br />
> Seller financing optional and negotiable and successful long term bedliner business also negotiable <br />
> 158 S White Horse Pike, Audubon, NJ 08106 only 20 mins from center city Philadelphia and only a few miles from Route 295 and Route 130 for easy access to the north and south and east. <br />
> 0.34 acres zoned for Commercial/Retail and Residential (Mixed Use) |
| MlsNumber: |
-- |
| ListingId: |
NJCD2079578 |
Estimate Your Monthly Payment
| Listing Provided By: |
Keller Williams Realty Preferred Properties, original listing |
| Phone: |
(609) 324-7600 |
| Office Phone: |
(609) 324-7600 |
| Agent Name: |
Tom Marinelli |
| Disclaimer: |
Copyright © 2024 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. |
