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Mount Holly Office/Medical Opportunity

120 Madison Avenue Unit B Mount Holly, NJ 08060

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1,650 SF office/medical space in desirable Mount Holly, NJ.

Type:Office
Property size:
1,650 SF
Price / SF:
$212.06/SF
Added:
May 26, 2026
Days on Market:
49
Last Refresh:
May 27 at 8:13 am

Property Features for 120 Madison Avenue Unit B

General Information

Standard status
Active
Size
1,650 SF
Property subtype
Office

Listing office NAI Mertz

Listing date May 26, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI Mertz


Investment Insights

Based on property information with market context.

Located at 120 Madison Avenue in Mount Holly, NJ, this 1,650 SF building presents an opportunity for office or medical use. The property's location and layout make it suitable for a variety of uses. The surrounding area offers a mix of amenities and conveniences, including dining options such as Robin's Nest Restaurant and casual cafes. Nearby attractions include Mill Race Village and Iron Works Park. Commuting is facilitated by easy access to Route 38 and Route 206.

Key Highlights

  • Prime location in the desirable Mount Holly area.
  • Versatile 1,650 SF building suitable for office or medical use.
  • Surrounded by a thriving community with diverse dining options.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $41.2k $24.96
− Vacancy −$3.0k −$1.80
EGI $38.2k $23.16
− OpEx −$15.3k −$9.27
NOI $22.9k $13.90
1,650 SF · lease $24.96/SF/yr · vacancy 7.20% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$327.6K
$286.6K – $382.2K (±1% cap)
NOI $22,931 @ 7.0% cap · market cap 6.55%
Second Best
Office B
$211.5K
$185.0K – $246.7K (±1% cap)
NOI $14,802 @ 7.0% cap · market cap 4.23%
Theoretical Best
Warehouse
$3.45M
$3.02M – $4.03M (±1% cap)
NOI $241,566 @ 7.0% cap · market cap 69.04%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Real Estate Agency HVAC Service (Bike/Boat/Book/etc) Store Florist (Bike/Boat/Book/etc) Store Carpet & Flooring Store Tanning Salon Restaurant Pet Grooming Service Mobile Phone Store

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

FAQs

What type of property is this?
Medical Office Space - 1,650 SF office/medical space in desirable Mount Holly, NJ.
Where is this medical office space located?
The property is located at 120 Madison Avenue Unit B Mount Holly, NJ.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: Prime location in the desirable Mount Holly area.; Versatile 1,650 SF building suitable for office or medical use.; Surrounded by a thriving community with diverse dining options.
Contact an agent
(856) 724-4248 Call to check price and availability
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