112 W Merchant ST Active

Audubon Bor,NJ 08106

$ 599000

- Bed

0 Bath

2080 SqFt


Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $287

MLS Listing ID 2560981M

Originating Board CJMLS API

Year Built 1920

Annual Tax Amount $7,141

Tax Year 2024

Lot Size 2,813 Sqft

Acres 0.0646

Lot Dimensions 22.5X125

Property Sub-Type Investment

Property Description

Prime Property in the Heart of Audubon! A fantastic investment opportunity in Audubon's thriving business district! The property has a 5k per month potential for an annual 10% cap rate. This versatile property features a spacious ground-floor commercial unit with modern black-framed windows that provide excellent visibility and curb appeal. Ideal for a restaurant, caf, or retail space, this unit offers the perfect setting for outdoor seating and heavy foot traffic from nearby businesses. Whether you're launching a new venture or expanding an existing one, this high-exposure location is a turnkey solution for success. Upstairs, a beautifully renovated 2-bedroom, 1-bath residential unit awaits. The open-concept living space boasts a modern kitchen with quartz countertops, a spacious island, and sleek stainless-steel appliances. A charming southern-style porch offers a cozy retreat, perfect for unwinding after a long day. Each unit includes two designated parking spaces at the rear of the property, adding convenience for tenants and business owners alike. Whether you're an investor seeking rental income or a business owner looking for a live/work opportunity, this property offers unmatched flexibility and potential. Don't miss out on this prime Audubon location-schedule your showing today!

Location

State NJ

County Camden

Zoning COM - 4A

Interior

Heating Forced Air

Cooling Central Air,Ceiling Fan(s)

Flooring Tile,Wood

Heat Source Natural Gas

Exterior

Utilities Available Electricity Connected,Natural Gas Connected

Roof Type Flat

Total Parking Spaces 4

Building

Lot Description Business District

Story 2

Sewer Public Sewer

Water Public

Others

Senior Community no

Tax ID 010006700000000301

Energy Description Natural Gas

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