22 CENTRE Merchantville, NJ 08109

Listing office RealtyMark Properties Show Phone

Listing date Oct 29, 2021

Source Exitrealty

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Investment Insights

Based on property information with market context.

This charming mixed-use property is located in the heart of Merchantville, NJ. The first floor features a spacious commercial space, currently occupied by a popular juice bar. The same tenant also rents the residential unit on the top floor, creating a convenient business arrangement. The tenant pays $1,100 for the commercial space and $1,100 for the apartment. Previously, the commercial space was used as a floral shop. At the back of the commercial space, there is a large glass greenhouse. The second floor is a spacious flat with high ceilings and neutral paint. The hardwood floors are in excellent condition. This unit includes 3 bedrooms, 1 full bathroom, a large kitchen, and a stackable laundry unit neatly tucked away by the kitchen. There is a room behind the kitchen, accessible from the first floor in the back, which the tenant uses as an office. This room also provides access to the roof. The basement is clean, huge, and lengthy. There are 2 gas meters and 2 electric meters. This space is suitable for various businesses, such as a nail salon, boba tea shop, hair salon, barber, or hoagie shop, offering endless opportunities.

Key Highlights

• Mixed‑use property featuring commercial space and a residential unit
• Currently tenanted by a popular juice bar, providing immediate rental income
• Tenant occupies both the commercial space and the residential unit, simplifying rent collection

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FAQs

What type of property is this?

Mixed-use property - Commercial and residential units in the heart of Merchantville, NJ.

Where is this mixed-use property located?

The property is located at 22 CENTRE Merchantville, NJ.

What is the asking price?

The asking price for this property is $199,999.

What are key features of this property?

This property features: Mixed‑use property featuring commercial space and a residential unit; Currently tenanted by a popular juice bar, providing immediate rental income; Tenant occupies both the commercial space and the residential unit, simplifying rent collection