Coworking Space with Conference
New
For Sale
Contact for pricing
15 WASHINGTON STREET, Mount Holly, NJ 08060
Flexible professional suites share a client waiting area, kitchen, and conference space.
Property Size4,600 SF
Price / SF$0.17
Days on Market7
Property Features for 15 WASHINGTON STREET
General Information
Standard status
Active
Size
4,600 SF
Property subtype
Commercial
Additional Details
Property Use
Office
Amenities
porch
common waiting area
coffee bar
fully stocked kitchen
conference room
hardwood-style flooring
abundant natural light
WIFI
Building Details
Year Built
1920
Listing Agency:
Compass New Jersey, LLC - Moorestown
(856) 214-2639
Listed By:
Megan Rickborn · License #RS365701
(609) 864-4024
Source:
Cummingsrealtors
Added: Oct 27
Changed: Nov 1
Last Checked: Nov 1 at 4:41AM
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 Compass New Jersey, LLC - Moorestown
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Investment Insights
Based on property information with market context.
This 4,600-square-foot coworking property in a building constructed in 1920 offers professional suites alongside shared spaces. Interior features include architectural details, hardwood-style flooring, natural light, a common waiting area, a coffee bar, and a fully stocked kitchen. The conference room accommodates up to eight people, and a porch provides additional shared space.
The property is on Washington Street in downtown Mount Holly, near the Burlington County Courthouse, restaurants, shops, and other downtown businesses. Wi-Fi and utilities are included in the rent.
The property is on Washington Street in downtown Mount Holly, near the Burlington County Courthouse, restaurants, shops, and other downtown businesses. Wi-Fi and utilities are included in the rent.
Key Highlights
- 4,600 square feet in a building constructed in 1920
- Professional suites with a shared waiting area and kitchen
- Conference room accommodates up to eight
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,268
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
$825.4K
Cap Rate 7%
$589,543
$589.5K
Cap Rate 9%
$458,533
$458.5K
Market Conditions
NOI Build-Up for 4,600 SF
Gross rent
$61.8K $13.44/SF
− Vacancy
−$6.8K −$1.48/SF
EGI
$55.0K $11.96/SF
− OpEx
−$13.8K −$2.99/SF
NOI
$41.3K $8.97/SF
Area
Burlington County, NJ
Vacancy
11.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$825,360
Cap Rate 7%
$589,543
Cap Rate 9%
$458,533
Alternative Uses
Best Use
Office B
$589.5K
$515.9K – $687.8K
NOI $41,268 @ 7.0% cap · market cap 5,158.50%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$9.62M
$8.42M – $11.22M
NOI $673,457 @ 7.0% cap · market cap 84,182.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,013
Businesses Nearby
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Business Placement
Demographics for 08060, NJ
25,426
Population
10,198
Households
2.5
Avg Household Size
38
Median Age
38%
College-Educated
96%
High-School Grad
21.6 sq mi
ZIP Area
1,177
Density / Sq Mi
$107,165
Median Household Income
$59,035
Median Earnings
$1,619
Median Rent
$292,000
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Coworking space - Flexible professional suites share a client waiting area, kitchen, and conference space.
Where is this coworking space located?
The property is located at 15 WASHINGTON STREET Mount Holly, NJ.
What are key features of this property?
This property features: 4,600 square feet in a building constructed in 1920; Professional suites with a shared waiting area and kitchen; Conference room accommodates up to eight
