11 E Main St - Storefront Retail/Residential FOR SALE


Marlton, NJ 08053
$849,000 USD
609-870-6909
11 E Main St, Marlton, NJ for Sale
$849,000 USD
Storefront Retail/Residential - FOR SALE
1/27
null | 9.46% Cap Rate

11 E Main St
Marlton, NJ 08053


OVERVIEW

Seamless Investment Experience: Step into a fully renovated gem! This turnkey investment opportunity has undergone a comprehensive rehab in 2022, leaving no stone unturned. With all the hard work already taken care of, you can dive straight into reaping the rewards of this prime mixed-use property. Say goodbye to the hassle of renovations and hello to a hassle-free investment experience!" » Stable and Lucrative Leases: The commercial unit on the first floor comes with a remarkable 9-year NNN lease, guaranteeing a stable and consistent income stream for years to come. Additionally, the residential unit on the second floor is currently operating as a highly successful Airbnb, boasting excellent ratings, glowing reviews, strong booking history, and exceptional returns. » Impeccable Improvements: This property has received a complete makeover, including a new roof, windows, siding, and 3 HVAC units. The newly paved asphalt parking lot is fully lined, providing ample space for tenants and customers. Both the commercial and residential units have been upgraded with wood flooring, tiled bathrooms, and stylish tiled backsplashes. Every detail has been carefully considered to enhance the overall appeal and value of this investment."

FOR SALE DETAILS

PRICE

$849,000 USD

PRICE/SF

$219 USD /SF

CAP RATE

9.46%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

$108k Income with Airbnb & Retail 9.48% CAP

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

C-3

APN/PARCEL ID

13-00004-06-00007

ASK ABOUT THIS PROPERTY

Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
609-870-6909

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Jason BensteadBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
609-870-6909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.