158 White Horse Pike Audubon, NJ 08106-1321
- Commercial real estate
- 0.34 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 158 White Horse Pike
- Construction
- CONCRETE BLOCKS
- Lot size
- 0.34 lot acres
- Property type
- Commercial real estate
- APN
- 01 00056- 02-00008
- APU
- 1000560200008
Description
This exceptional mixed-use property in Audubon, NJ, presents a unique investment opportunity. Situated on a 0.34-acre corner lot at 158 S White Horse Pike, this property boasts 7,300 square feet of space, combining thriving commercial and residential components. The commercial area features a retail storefront, seven conditioned garage bays, ample storage in the basement, and a large parking lot accommodating 15+ vehicles outside and 10+ inside. Currently housing a successful business, this space is ideal for an owner-operator seeking to combine business operations with passive income. The residential component consists of a recently renovated triplex with three two-bedroom, one-bathroom units, generating a consistent annual rental income of $54,000 (before potential increases). Recent upgrades include new kitchens and bathrooms (1-2 years old), new windows (1-2 years old), a CCTV system, and energy-efficient LED lighting. The garage roofs are in varying conditions, with the front bay roof being brand new and the middle roof one year old. The property benefits from a high daily traffic count of 19,242 vehicles on White Horse Pike, providing excellent visibility and accessibility. Located just 20 minutes from Philadelphia and near major roadways (Routes 295 and 130), this property offers unparalleled convenience. The property is zoned for Commercial/Retail and Residential (Mixed Use). Seller financing is optionally available. The potential annual net operating income is estimated between $88,000 and $107,000, with potential annual rental income for the triplex between $114,000 and $132,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Audubon
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0687
- Latitude
- 39.8935
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA