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Mixed-Use Property With Restaurant
For Sale
$625,000

345 High Street, Burlington, NJ 08016

Three-level property combines a restaurant space, two apartments, basement storage, and adjacency to public parking.

Property SizeContact for details
Days on Market19

Property Features for 345 High Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Floor Ground

Amenities

basement storage
private side entrance

Building Details

Year Built 1870
Buildings 1
Stories 3
Listing Agency: Avallon Real Estate Group
Listed By: Christopher J. Avallon
Source: Actionplusrealty
Added: Jul 19 Changed: Aug 3 Last Checked: Aug 6 at 4:36AM

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 Avallon Real Estate Group

Investment Insights

Based on property information with market context.

This mixed-use property combines a ground-floor restaurant with two residential apartments above. The second-floor unit includes 2 bedrooms and 2 full bathrooms, while the third-floor unit provides 2 bedrooms and 1 full bathroom. The restaurant area includes a full commercial kitchen, two dining rooms, two cashier stations, and two customer restrooms. One dining room has a separate side entrance, and the building also includes a full basement for storage and utility functions. The property is fully vacant and was built in 1870.

Located in downtown Burlington, the building sits adjacent to a large public parking lot. The combination of commercial and residential space supports restaurant occupancy, apartment leasing, or owner-occupancy options within a single property.

Key Highlights

  • Ground‑floor restaurant with full commercial kitchen and two dining areas
  • Two apartments: 2 bedrooms/2 full bathrooms and 2 bedrooms/1 full bathroom
  • Two dedicated cashier stations and two customer restrooms

Property Analytics

Current Use

J&A ChmneyServices General Contractor All Hands Together Volunteer Organization Taste of Soul Restaurant ... Restaurant

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Carpet & Flooring Store Garden Center Electrical Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

750
Businesses Nearby

Demographics for 08016, NJ

34,617
Population
13,842
Households
2.5
Avg Household Size
41
Median Age
34%
College-Educated
92%
High-School Grad
21.6 sq mi
ZIP Area
1,603
Density / Sq Mi
$92,560
Median Household Income
$49,919
Median Earnings
$1,343
Median Rent
$308,000
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three-level property combines a restaurant space, two apartments, basement storage, and adjacency to public parking.
Where is this mixed-use property located?
The property is located at 345 High Street Burlington, NJ.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Ground‑floor restaurant with full commercial kitchen and two dining areas; Two apartments: 2 bedrooms/2 full bathrooms and 2 bedrooms/1 full bathroom; Two dedicated cashier stations and two customer restrooms
More about this property
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