Mixed-Use Garage and Triplex Property

AUDUBON, NJ 08106 Audubon, NJ 08106

Claim this Listing
For Sale
$1,350,000

SINGLE_FAMILY - AUDUBON, NJ

Property size:
7,150 SF
Price / SF:
$188/SF
Added:
Jun 19, 2026
Days on Market:
22
Last Refresh:
Jul 10 at 10:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Active
Size
7,150 SF

Building Details

Year built
1940

Listing agent Dawn Varallo License #RS361696

Listing office BHHS Fox & Roach Marlton-Voorhees Home Marketing Center NJ

Listing date Jun 19, 2026

MLS# NJCD2120234

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

The property combines a commercial automotive/garage facility with an attached residential triplex. The commercial portion includes a retail storefront, office space, seven garage bays, storage areas, restroom facilities, and basement storage. The attached residential component is a 2,500 SF triplex with three 2-bedroom, 1-bath apartments, consisting of one first-floor unit and two second-floor units. All apartments are currently occupied, and two units were fully renovated in Spring 2026. The residential units have separate entrances, separately metered utilities, tenant parking, and washer/dryer facilities in two units.

Located on a prominent corner lot in Audubon, NJ, the property fronts White Horse Pike (Route 30) and benefits from heavy travel. The remarks indicate frontage on a heavily traveled corridor with strong visibility and signage opportunities, along with convenient access to major routes. The property is less than 3 miles from I-295 and provides easy access to I-676 and the Pennsylvania border, with minutes to Route 168 and Route 130.

This layout supports multiple tenant and operating scenarios. For an owner-operator, the garage and office space can be used on-site while the residential triplex provides ongoing rental occupancy. For investors, the mixed-use configuration offers both commercial working space and residential income in a single asset, with seller financing available for qualified buyers.

Key Highlights

  • Commercial building approx. 4,900 SF with retail storefront, office space, 7 garage bays, storage, restroom facilities, and basement storage
  • Attached 2,500 SF triplex: three 2‑bed/1‑bath units (1 first‑floor, 2 second‑floor); all apartments currently occupied
  • Mixed‑use setup with separate entrances and separately metered utilities plus tenant parking; washer/dryer facilities in two units

Local Financial Insights For Office B

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 $157.0k $21.96
− Vacancy −$23.2k −$3.25
EGI $133.8k $18.71
− OpEx −$33.4k −$4.68
NOI $100.3k $14.03
7,150 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.43M
$1.25M – $1.67M (±1% cap)
NOI $100,332 @ 7.0% cap · market cap 7.43%
Second Best
Multifamily LT 5
$1.16M
$1.02M – $1.36M (±1% cap)
NOI $81,317 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$1.81M
$1.59M – $2.12M (±1% cap)
NOI $126,904 @ 7.0% cap · market cap 9.40%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Auto shops

Similar Off Market Nearby

  • D&J Auto Service — 107 S Black Horse Pike, Mt Ephraim, NJ 08059
  • Palma's Automotive — 529 W Kings Hwy, Audubon, NJ 08106
  • Ron's Auto Services Inc — 301 W Kings Hwy, Audubon, NJ 08106
  • Howards Gulf Service — 507 W Kings Hwy, Audubon, NJ 08106
  • Independence Automotive — 750 S White Horse Pike, Audubon, NJ 08106

FAQs

What type of property is this?
Auto shop - Owner-user or investor opportunity with an auto-oriented garage facility plus an attached three-unit residential triplex.
Where is this auto shop located?
The property is located at Audubon, NJ.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Commercial building approx. 4,900 SF with retail storefront, office space, 7 garage bays, storage, restroom facilities, and basement storage; Attached 2,500 SF triplex: three 2‑bed/1‑bath units (1 first‑floor, 2 second‑floor); all apartments currently occupied; Mixed‑use setup with separate entrances and separately metered utilities plus tenant parking; washer/dryer facilities in two units
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