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22 Center St Merchantville, NJ 08109

For Sale
$199,999

Charming Commercial Building, High Returns

Property size:
2,584 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional mixed-use property at 22 Centre Street in Merchantville, NJ, presents a lucrative investment opportunity. The building boasts 2,584 square feet on a 0.06-acre lot and is currently generating strong rental income. The ground floor comprises a thriving juice bar, occupying a spacious commercial area previously used as a floral shop. A significant feature is a large greenhouse located at the rear of the commercial space. The current tenant also leases the second-floor residential unit, providing a streamlined rental management system. The second floor offers a spacious three-bedroom, one-bathroom apartment with high ceilings, hardwood floors in excellent condition, a large kitchen, and a stackable laundry unit. A convenient office space, accessible from both the first and second floors, leads to roof access. The property also includes a large, clean basement. The building is equipped with two gas meters and two electric meters, reflecting the separate utility services for the commercial and residential spaces. The current rental income is $2,200 per month ($1,100 commercial, $1,100 residential). The property's versatility allows for a wide range of commercial uses, including but not limited to nail salons, boba tea shops, hair salons, barber shops, and delis. Prospective buyers are responsible for verifying zoning regulations and permitted business types, as well as confirming school district information. This is a turnkey investment with significant potential for growth and return.

Property Features for 22 Center St

General Information

Property type
Mixed-use properties
Square Feet
2,584 SF
Lot Size
2,614 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Merchantville
County
Camden
State
New Jersey
Longitude
-75.04914
Latitude
39.95153

FAQs

What type of property is this?
Mixed-use property - Charming Commercial Building, High Returns
Where is this mixed-use property located?
The property is located at 22 Center St Merchantville, NJ.
What is the asking price?
The asking price for this property is $199,999.
More about this property
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