326 High St
Burlington, NJ 08016
Byham Property · Retail Property For Sale

The property is improved with 3 story 8,700+/- SF mixed use. The building was constructed in 1900+/- with renovations and an addition in 1989/-. The exterior of the building is brick. Concrete foundation with composite shingle. The first floor is approximately 3,625 +/- SF and consists of restaurant space in addition to a storage area in the rear of the space. The flooring is primarily vinyl tile. The walls are gypsum board. Existing equipment can help minimize startup costs. The second floor is approximately 2,850 +/- SF and consists of a 2 bedroom apartment and a commercial space currently being leased by an answering service. The commercial space consists of 2 offices and a private restroom. The 2 bedroom apartment also includes a bathroom, kitchen and living room. The third floor is approximately 2,225 +/- SF and consists of a 3 bedroom apartment. The flooring is primarily commercial grade carpet. The walls are gypsum board. The 3 bedroom apartment also includes a bathroom, kitchen, living room and 3 other rooms that are currently used as a private office and storage. The building is serviced by a gas fired forced hot air heating system. The electrical service to the building is single phase, 200+/- amp. The third floor apartment is being leased for $825.00 per month. The Second floor apartment is being leased for $850.00 per month. The commercial space on the second floor is being leased for $950.00 per month. The restaurant can generate an additional $2,500.00 per month in income. The Landlord currently pays taxes, water & sewer. All other expenses are paid by the Tenants. This is a great investment opportunity in the heart of Burlington City. It is ideal for an investor, or an owner- operator who is planning on operating the restaurant on the first floor. The building offers great exposure, stable tenants and a restaurant with most all equipment in place including walk-in boxes, stoves, seating, etc. Call today for an appointment!