This Retail Property is no longer advertised on LoopNet.com.

1-3 Madison Ave
Mount Holly, NJ 08060
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
3,200 SF
Building Class
C
Year Built
1918
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.23
Lot Size
0.32 AC
Zoning
Commercial - B1
Parking
6 Spaces (1.88 Spaces per 1,000 SF Leased)

About 1-3 MADISON AVE , MOUNT HOLLY, NJ 08060

MOTIVATED SELLER! Price adjustment of $30,000! Bring all offers! Great location and revenue source!Permitted uses: restaurants, bars, coffee shops, clothing retail, furniture retail, art galleries, hair and nail salons/barber shops, and similar type businesses. Commercial property with 2 apartment rentals above it is located right in the heart of historic Mt. Holly. This income producing property is looking for its next investor. Both apartment rentals are currently tenant occupied. Unit #1 is one bedroom, one bathroom, kitchen and living room with its rent at $850 per month. Unit #2 is two bedrooms, one bathroom, living and dining room, kitchen, washer and dryer with its rent at $992 per month. Plenty of parking in the rear of the property. Plenty of shopping nearby and major roadways nearby. Property being sold in as-is condition. Seller will make no repairs. Any and all inspections/certifications needed will be provided by the buyer(s). The property is located in a NJ Urban Enterprise Zone (UEZ) and may be eligible for many statewide taxation benefits. Learn more about this by visiting the NJ Department of Community Affairs website. Make an appointment today!

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 23-00070-0000-00015-01
  • 23-00070-0000-00016
  • 23-00070-0000-00005
Land Assessment
$96,700
Improvements Assessment
$158,300
Total Assessment
$255,000
  • Listing ID: 15594121

  • Date on Market: 3/31/2019

  • Last Updated:

  • Address: 1-3 Madison Ave, Mount Holly, NJ 08060

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