Skip To Content

9-11 W Broad Street

PALMYRA, NJ 08065
  • $950,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: NJBL2037354
$950,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1934
County:

School Ratings & Info

Description

COMMERCIAL AND RESIDENTIAL MIXED-USE PROPERTY!! GREAT OPPORTUNITY FOR INVESTORS!!2 PROPERTIES IN 1! 9 W BROAD ST & 11 W BROAD ST! 4 UNITS TOTAL! What a great opportunity to OWN a 4 unit mixed-use property. This 4 unit property consists of 2 commercial units - each 4,400 sqft in size, a 8,800 sq ft basement, and 2 residential units - both units have 3 bedrooms & 1 full bathroom. Commercial Unit 1 is an operating convenience store business: Palmyra Dollar Plus. Palmyra Dollar Plus has been in business since 2009 and has a yearly revenue of approximately $665,000.00, and yearly lottery sales of approximately $22,000.00. Commercial Unit 2 is vacant & has the potential to rent for around $3,500.00. This unit was previously rented to a bicycle shop.Both Residential Units are currently rented below market rent and could be rented for up to $1,500. Apartment 1 is rented for $1,200.00. Apartment 2 is rented for $900.00 on a month-to-month lease. Both of the apartments have separate entrances and utilities. The apartments use oil heat.A RESTAURANT LIQUOR LICENSE #33 IS AVAILABLE FOR THIS LOCATION(OPTIONAL). THE PRICE FOR THE LIQUOR LICENSE IS SEPARATE.

Monthly Payment Calculator



©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
www.njhousehunter.com/homes/134804743
Print Image

9-11 W Broad Street PALMYRA, NJ 08065

  • Price: $950,000
  • Status: Active
  • On Site: 21 Days
  • ID#: NJBL2037354
0
Beds
0
Baths
0
½ Baths
0.2
Acres
1934
Built
Neighborhood:
Palmyra Boro (20327)
County:
Burlington
Area:
Palmyra Boro (20327)
School District:
Palmyra Borough Public Schools
Property Description
COMMERCIAL AND RESIDENTIAL MIXED-USE PROPERTY!! GREAT OPPORTUNITY FOR INVESTORS!!2 PROPERTIES IN 1! 9 W BROAD ST & 11 W BROAD ST! 4 UNITS TOTAL! What a great opportunity to OWN a 4 unit mixed-use property. This 4 unit property consists of 2 commercial units - each 4,400 sqft in size, a 8,800 sq ft basement, and 2 residential units - both units have 3 bedrooms & 1 full bathroom. Commercial Unit 1 is an operating convenience store business: Palmyra Dollar Plus. Palmyra Dollar Plus has been in business since 2009 and has a yearly revenue of approximately $665,000.00, and yearly lottery sales of approximately $22,000.00. Commercial Unit 2 is vacant & has the potential to rent for around $3,500.00. This unit was previously rented to a bicycle shop.Both Residential Units are currently rented below market rent and could be rented for up to $1,500. Apartment 1 is rented for $1,200.00. Apartment 2 is rented for $900.00 on a month-to-month lease. Both of the apartments have separate entrances and utilities. The apartments use oil heat.A RESTAURANT LIQUOR LICENSE #33 IS AVAILABLE FOR THIS LOCATION(OPTIONAL). THE PRICE FOR THE LIQUOR LICENSE IS SEPARATE.
Exterior Features

Construction Materials Block Garage YN No Parking Types On Street Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 8800.00 Cooling Central A/C Heating None Net Square Feet 19000.00

Property Features

Acceptable Financing CashConventionalNegotiable Accessibility Features Level Entry - Main Assessment Year 2021 Business Type Convenience Store/GasApartment BuildingOther/General Retail Central Air YN Yes Cooling Fuel None Heating Fuel Natural GasOil Hot Water Natural GasOil Municipality Palmyra Boro Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802012778594 Ownership Interest Fee Simple Possession Negotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 11343.00 Tax Assessment Amount 284300.00 Tax Lot 00016 01 Vacation Rental YN No Water Source Public Zoning Mixed Use

Listing courtesy of Homesmart First Advantage Realty: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-12-06T23:50:18.16.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802012778594-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802012778594-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_802012778594-2.jpg
Logo
Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053