ACTIVE

11 Main St E

Marlton NJ, 08053

$840,000


$216.72 per sqft

ACTIVE

3,876 sqft

Commercial

Built in 1940

Seamless Investment Experience: Step into a fully renovated gem! This turnkey investment opportunity has undergone a comprehensive rehab in 2022, leaving no stone unturned. With all the hard work already taken care of, you can dive straight into reaping the rewards of this prime mixed-use property. Say goodbye to the hassle of renovations and hello to a hassle-free investment experience!" Stable and Lucrative Leases: The commercial unit on the first floor comes with a remarkable 9-year lease, the tenant has multiple award wining spas throughout South Jersey, guaranteeing a stable and consistent income stream for years to come. On top of that, the residential unit on the second floor currently has a tenant with 10 months remaining lease, and they are open to extending their stay. Enjoy immediate cash flow while also having the potential for long-term tenancy. Don't miss out on this opportunity to maximize your return on investment This property has received a complete makeover, including a new roof, windows, siding, and HVAC units. The newly paved asphalt parking lot is fully lined, providing ample space for tenants and customers. Both the commercial and residential units have been upgraded with wood flooring, tiled bathrooms, and stylish tiled backsplashes. Every detail has been carefully considered to enhance the overall appeal and value of this investment."

NJBL2059562

MLS ID

May 9, 2024

Updated

Map

11 Main St E
Marlton NJ, 08053

Interior Features

Interior Features

Hardwood


Appliances

Electric Water Heater


Floor Description

Hardwood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.28 Acres


Roof

Shingle


Sewer

Public Sewer

Other Property Details

Area Name

EVESHAM TWP


Taxes

$12,357


Tax Frequency

Annually


Days on Market

34


Garage

No


Parking Total

12


View

No


County

BURLINGTON


Water Source

Public


Pool

No


Zoning

Commercial/Residential


Buyer Agency Compensation

2%

Listed by Dawn Varallo, with BHHS Fox & Roach-Marlton
Listing Contact: 8563817884 

The IDX display contains information sourced from the Bright MLS, Inc. as of 5/9/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 5/9/2024 at 4:56 AM UTC

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