7,405 Sqft Lot
7,405 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Lot Size 7,405 Sqft
MLS Listing ID NJCD2101476
Financing Cash
Total Units 3
Short Sale No
Originating MLS BRIGHT
Property Description
**Current Configuration and Expansion Options
**Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms
Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use).
**Second Downstairs Unit – 3 Bedrooms / 1 Bathroom
Offers substantial expansion potential. Options include:
- Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit
- Converting the additional space into flex living or workspace
- Reconfiguring into a fourth rental unit to increase total density and rent roll
**Upstairs Unit – 1 Bedroom / 1 Bathroom
Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential.
*Combined, these layouts offer multiple long-term strategies including:
- Full residential rental property
- Mixed-use commercial and residential
- A potential four-unit investment property
- Owner-occupied business with income-producing units
*Income and Market Positioning:
Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside.
*Location Benefits
Located directly on the White Horse Pike, this property offers:
- High visibility and drive-by traffic
- Immediate access to public transportation
- Convenient commuter routes in all directions
- Ample paved parking suitable for residential, commercial, or mixed-use operations
*320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.
Location
State NJ
County Camden
Area Chesilhurst Boro (20410)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Flooring Tile/Brick, Wood, Carpet
Heat Source Natural Gas
1-purchase type For Sale
Exterior
Garage Spaces 6
Utilities Available Natural Gas Available
Waterfront N
Water Access N
Roof Type Shingle,Flat
Street Surface US Highway/Interstate
Accessibility None
Parking Type Parking Lot
Total Parking Spaces 6
Building
New Construction N
Foundation Block
Lot Dimensions 50.00 x 150.00
Sewer Public Sewer
Water Private
Schools
School District Winslow Township Public Schools
Others
Tax Amount C$5,008
Tax Year 2024
Tax ID 10-00909-00005
Ownership Fee Simple
Acceptable Financing Cash
Special Sale Standard
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