354 HIGH STREET Burlington, NJ 08016

$925,000
354 HIGH STREET, Burlington, NJ 08016
Call 1-800-839-1363
1000266164

Commercial Property for sale in Burlington, NJ

for $925,000. This building was built in 1929 on a lot size of 45X103.

Property Information

  • $925,000
  • Commercial
  • Taxes are $15,440
  • Other / Unknown
  • Active
  • Lot size of 45X103
  • Built in 1929
  • Burlington, NJ
  • London Neighborhood
  • Burlington County
  • MLS/Web ID is 1000266164

Description

Truly impressive commercial listing consisting of two iconic buildings and a parking lot in the heart of historic Burlington City. The larger of the two buildings, 354 High Street, is a huge(approx. 10, 000 sf) 3 story brick building on the corner of High and Broad Street which was originally a bank then a fine dining restaurant/bar. The two story first floor main dining area is approx. 40' x 60' and still has the original vault and teller windows along with a 40' bar and dining booths. Huge arch windows, ornate ceiling trim and tall mirrors behind the bar give this space a unique ambiance. The balance of the first floor consists of a 27' x 15' former kitchen area, 2 former prep areas, a beverage station and two office areas. The 2nd and 3rd floors are accessible by stair or the working Otis elevator. The 2nd floor has balcony areas that overlook the main dining room/bar and 3 additional rooms measuring 21 x 21, 15 x 14 and 17 x 25. The 3rd floor features one very large room which measures approx. 65 x 45 along with a large office, a file room, a bathroom and room to incorporate a 2nd bathroom. There is a full basement with plenty of storage and a walk up to the roof (see pic of intersection below). The 2nd building and adjacent 8 car paved parking lot in this offering is 11 West Broad Street which is attached and accessible from the street or thru 354 High Street. This 3600 sf 2 story building, which dates to 1845 once housed the first bank in Burlington and consists of offices on the first floor and offices with a kitchen area on the 2nd floor. This building underwent extensive renovations three years ago which included the addition of central air and a new gas heater. Both buildings have new roofs, plumbing and electric updated to code and mold remediation throughout. There is a Riverline train station less than 100' from these properties and a bus station right out front. Rt 130, Rt 295 and the Burlington Bristol Bridge are just minutes by car. Burlington City also features a waterfront promenade, fine eateries, no meter parking, and a Chamber of Commerce which organizes several crowd drawing events in conjunction with the City such as the Wood Street Fair, Festival of Lights, waterfront concerts, etc. These properties puts you right in the center of it all!

Room Information

  • Master Bedroom

Interior 4

Flooring

  • Carpet(s)
  • Tile Flooring
  • Vinyl Flooring
  • Wall-to-Wall Carpet

Interior

  • Elevator(s)

Sewer

  • Public Sewer
  • Sewer

Water Source

  • Public Water

Exterior 7

Construction

  • Brick

Foundation

  • Stone

Garage

  • Other

Lot Description

  • Level/Flat

Parking

  • Off Street Parking
  • Parking Lot
  • Paved

Road Frontage

  • Boro/Township

Roof

  • Flat Roof
  • Pitched/Sloped

Miscellaneous 5

Accessibility

  • Mobility Improvements

Commercial

  • Safe / Vault
  • Walk-In Box

Location

  • Downtown

Other

  • Mixed Plumbing

Utilities

  • Electric
  • Gas
  • Phone
  • Water

† Excluded Feature

Neighborhood & Schools

School District: BURLINGTON CITY SCHOOLS

 See complete school information

Listed By

Broker: RE/MAX WORLD CLASS REALTY

354 HIGH STREET, Burlington, NJ, 08016 is a Commercial Property for sale at $925,000 with a lot size of 45X103. 354 HIGH STREET has 0.0 baths and was built in 1929. The property's zip code is 08016 which is in Burlington, NJ

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Pricing History

Date Price Price Change Description
3/16/2018 $925,000 3.35 % Price Change
3/14/2018 $895,000 Listed Price

Market Pricing

Average % of sale price Median % of sale price
All listings in Burlington $290,967 69 % below $193,700 79 % below
Commerical listings in Burlington $599,419 35 % below $477,000 48 % below
Sold listings in Burlington $197,853 79 % below $208,000 78 % 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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