17 W BROAD ST Burlington, NJ 08016

$249,900
17 W BROAD ST, Burlington, NJ 08016
Call 1-800-839-1363
6910495

Commercial Property for sale in Burlington, NJ

for $249,900. This 4,400 square foot building was built in 1890 on a lot size of 0.1 Acre(s).

Property Information

  • $249,900
  • Commercial
  • 4,400 Square Feet
  • Taxes are $11,397
  • Other / Unknown
  • Active
  • Lot size of 0.1 Acre(s)
  • Built in 1890
  • Burlington, NJ
  • London Neighborhood
  • Burlington County
  • MLS/Web ID is 6910495

Description

A rare opportunity to own a prime mixed use commercial building in the downtown Historic District of Burlington City. Excellent for any owner occupied professional with a business or investor. Build equity by subsidizing it with rental income. The building mix is presently that of Professional offices on the first floor, and, a two bedroom two bath residential unit on the 2nd floor which is beautifully decorated & maintained. The first floor front unit consist of 1140 SF with 2 powder rooms, with another 1038 SF office suite & private entrance.(Many options). The first floor presently has several professional office areas, in addition to a storage area/communications room. The offices are in excellent condition & the design is somewhat flexible to meet individual requirements. The office suite has a kitchenette area. Presently generates $2350.00 monthly income, but could be substantially increased. The 1st. floor has an absentee tenant. But, the lease is still in effect, & will be until the end of the lease 10/31/18. (In other words, guaranteed monthly income of $1600.00 until 10/31/2018 while it's vacant, or, can be terminated). The design is such, that there's still the option to have 2 independent office rental suites on the 1st. floor. There's also a completely upgraded 2 Bedroom Apartment on the 2nd. floor, w/two (2) full baths. (Pictures speak for themselves). There's also the option to make the upstairs 2 income producing one bedroom/one bath apartments...if desired. (But, one unit would have to be an efficiency Apt). The present tenant is on a month to month lease). Presently there are three (3) separate gas meters & four (4) electric meters. There's one water meter, but two others are in place if one desires to separate all the units. Partial basement, with access to the outside street level. The City of Burlington is a treasure trove of history. Located directly in front of the River Line Rail Station, & minutes from I-295, NJ Turnpike, Route 130, Burlington Bristol Bridge. Direct access to Major Highways, shore areas, restaurants, retailers, & businesses. Easy access to Philadelphia Int'l Airport, & Center city. It's where William Penn's Quakers founded West Jersey in 1677. The City of Burlington is a truly diverse, caring community on Delaware River that welcomes & respects all residents & visitors alike. Be one of the owners or investors to capitalize on Burlington's City's Redevelopment. This property is priced right, & won't last long.

Interior 5

Flooring

  • Carpet(s)
  • Vinyl Flooring
  • Wood Floors

Heating System

  • Hot Water Heater: Gas

Interior

  • Walls: Masonry
  • Walls: Sheetrock

Sewer

  • Public Sewer

Water Source

  • Public Water

Exterior 6

Exterior

  • Other

Foundation

  • Brick
  • Stone

Lot Description

  • Level/Flat

Parking

  • Off Street Parking
  • On Street Parking
  • Public Lot

Roof

  • Flat Roof

Siding

  • Brick

Miscellaneous 5

Acceptable Finance

  • Conventional

Commercial

  • Sale Includes Building & Land
  • Sale Includes Fixture/Equip

Location

  • Downtown

Other

  • Circuit Breakers
  • Copper Plumbing
  • CPVC/PVC Plumbing

Utilities

  • Above Ground Utilities
  • Cable
  • Electric
  • Gas
  • Other
  • Phone
  • Water

Rental 1

Tenant Pays

  • Cable
  • Electric
  • Gas
  • Heating

† Excluded Feature

Neighborhood & Schools

School District: Burlington City

 See complete school information

Listed By

Listing Agent: James "Jim" L. Moffa
Broker: Weichert Realtors
Office: Marlton

17 W BROAD ST, Burlington, NJ, 08016 is a Commercial Property for sale at $249,900 with 4,400 sqft and a lot size of 0.1 Acre(s). 17 W BROAD ST was built in 1890. The property's zip code is 08016 which is in Burlington, NJ

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Market Pricing

Average % of sale price Median % of sale price
All listings in Burlington $256,842 3 % above $217,950 13 % below
Commerical listings in Burlington $364,971 46 % above $295,000 18 % above
Sold listings in Burlington $197,853 21 % below $208,000 17 % below

Get the facts about Burlington, NJ!

Population 9,456
Population Growth (since 2000) -3 %
Median Income $51,250
Median Age 38.93
Households w/ Children 25 %

Residential Dwellings

  • Owned 2280
  • Vacant 347
  • Rented 1363

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