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Key Details
Sold Price $955,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,203 sqft
Price per Sqft $183
Subdivision Town Center
MLS Listing ID NJBL2018826
Sold Date 07/08/22
Originating Board BRIGHT
Year Built 1855
Annual Tax Amount $11,353
Tax Year 2021
Lot Size 0.250 Acres
Acres 0.25
Lot Dimensions 50.00 x 218.00
Property Description
A rare opportunity awaits the future owner of this prime retail/residential building in the heart of charming downtown Moorestown. Centrally located across from the Community House, this commercial dwelling with a private rear parking lot has two high-visibility storefronts, each with a huge display window, plus an expansive two-bedroom apartment upstairs, and storage areas on the third floor and a full basement with outside access. There is the possibility of creating additional living space on the third floor. Ideal for an investor or small business enterprise, this desirable in-town property is filled with vintage character and modern updates. Exceptionally well maintained, this historic circa 1855 building's first floor currently houses an upscale clothing, gift, jewelry and accessories boutique measuring about 1,150 square-feet and a 750 square-foot catering/takeout business . Both shops feature hardwood floors, high ceilings, neutral paint colors, elaborate crown moldings, chandeliers, track lighting and a half bath. Offering 50-feet of street frontage in one of Moorestown's most desirable commercial areas, the deep lot includes a private driveway off East Main Street leading to a dedicated rear parking lot for shoppers and tenants. A separate front door leads to the upstairs apartment. Other highlights include a newer roof, fire and security monitoring/alarm systems.
Location
State NJ
County Burlington
Area Moorestown Twp (20322)
Zoning COMM
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling Multi Units, Window Unit(s)
Flooring Carpet, Hardwood, Tile/Brick, Other
Heat Source Natural Gas
Exterior
Garage Spaces 12.0
Utilities Available Above Ground, Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Connected, Sewer Available, Water Available
Water Access N
View Street, Other
Roof Type Asphalt,Shingle,Pitched
Street Surface Concrete,Paved,Access - On Grade
Accessibility None
Total Parking Spaces 12
Garage N
Building
Lot Description Backs - Open Common Area, Cleared, Level, Private, Road Frontage, Other
Foundation Block, Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Moorestown Township Public Schools
Others
Tax ID 22-02407-00021
Ownership Fee Simple
SqFt Source Estimated
Security Features Carbon Monoxide Detector(s),Electric Alarm,Smoke Detector
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Flamur Rama • Keller Williams Realty - Atlantic Shore