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Pending
  • $599,900

    1 Madison Ave, Mount Holly, NJ 08060

    6beds
    --baths
    3,200sqft
    : 
    Retail
    Built in 1900
    -- sqft lot
    $-- Zestimate®
    $187/sqft
    $-- HOA

    What's special

    New guttersCoffee shopArt galleryRear door entrance
    GREAT INVESTMENT OPPORTUNITY FOR SMALL BUSINESS OWNERS AND ENTREPRENEURS! This is a must-see for anyone looking to start their own business. Check it out before it's too late! Spacious 1st Floor RETAIL space located in downtown historical Mount Holly with low monthly rent. It's currently a restaurant. This is a place where you can upstart and grow your own business. It's in the UEZ Commercial zone and has a diverse number of uses for your own business, including a restaurant, bar, beauty salon/barber shop, art gallery, coffee shop, and so much more potential (obtain more information on applications for funding via possible grants or loan applications to outfit your business from the County or State UEZ Department). This storefront was previously used as a food service shop and has a mop sink included. It hosts 2 bathrooms with extra space to outfit another one if you desire, (consult a Licensed Contractor). This building is being sold as-is. There are 2 built-in heating/air conditioning units already in place, and also have ductwork and hookups available if you want to install a condenser unit to convert to central air and heat (consult a licensed contractor). There is an opportunity to also subdivide the business into 2 or 3 business opportunities (must be approved by the township planning board). There are 2 separate front door entrances in the front and a rear door entrance as well. In the store, all bathrooms, floorings, and kitchen was completely renovated. The roof is metal and had a partial replacement. All commercial windows, front doors, and apartment windows were replaced. The plumbing and electrical were updated. All new gutters were recently installed. The restaurant downstairs, 2 bedroom apartment and 1 bedroom apartment upstairs, are fully leased. The restaurant is paying $2,275.00 a month; the 1 bedroom apartment upstairs is currently paying $1,650.00 a month rent; and, the 2 bedroom apartment upstairs is currently paying $1,850.00 a month rent, bringing the total monthly rent to $5,775.00 a month revenue; $69,300 annual gross income. All tenants pay their own utilities and the water bill is split 3 ways between the tenants. A new furnace and hot water heater was installed January 2025. This building is in a great location down the street from Virtua Memorial Hospital and at the corner of Madison and Washington streets where the NJ Transit bus stop is located. PLEASE DO NOT APPROACH THE OWNER OF ZADDY'S RESTAURANT. Make your offer before it's too late !!!
    344 days
    on Zillow
    |
    154
    |
    8
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 28, 2025 at 10:46am

    Listed by:

    Angeline Marie Martin 609-744-9705,

    EXP Realty, LLC

    Source: Bright MLS,MLS#: NJBL2072340MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    Heating
    • Wall Unit, Natural Gas
    Cooling
    • Wall Unit(s), Natural Gas
    Appliances
    • Included: Range, Dryer, Exhaust Fan, Instant Hot Water, Oven/Range - Gas, Range Hood, Refrigerator, Washer, Washer/Dryer Stacked, Water Heater, Gas Water Heater
    Features
    • Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Ceiling Fan(s), Combination Kitchen/Dining, Curved Staircase, Family Room Off Kitchen, Eat-in Kitchen, Kitchen - Gourmet, Store/Office, Additional Stairway
    • Flooring: Tile/Brick, Wood
    • Basement: Unfinished,Other,Side Entrance,Exterior Entry
    • Has fireplace: No
    Interior area
    • Total structure area: 3,200
    • Total interior livable area: 3,200 sqft

    Property

    Parking
    • Parking features: Public, Paved, Parking Lot
    Accessibility
    • Accessibility features: 2+ Access Exits, Accessible Hallway(s), Accessible Electrical and Environmental Controls, Accessible Kitchen, Accessible Entrance
    Features
    • Patio & porch: Breezeway
    • Exterior features: Lighting, Flood Lights, Sidewalks
    • Pool features: None
    Lot
    • Size: 8,120 Square Feet
    • Dimensions: 56.00 x 145.00
    • Features: Downtown
    Details
    • Additional structures: Above Grade
    • Parcel number: 230007000015 01
    • Zoning: COMM
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Other
    • Property subtype: Retail
    Materials
    • Vinyl Siding, Brick
    • Foundation: Concrete Perimeter
    • Roof: Flat,Shingle,Metal
    Condition
    • Very Good
    • New construction: No
    • Year built: 1900

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Water Available, Sewer Available, Natural Gas Available, Electricity Available, Phone, Cable Available, Underground Utilities

    Community & HOA

    Location
    • Region: Mount Holly
    • Municipality: MOUNT HOLLY TWP

    Financial & listing details

    • Price per square foot: $187/sqft
    • Tax assessed value: $199,500
    • Annual tax amount: $6,695
    • Date on market: 9/5/2024
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: FHA,Conventional,Cash,VA Loan
    • Inclusions: Mop Sink, Installed 2 Air Conditioning / Heating Units, Two Bathrooms From Commercial Space; 2 Stackable Washer And Dryers, 2 Microwaves, 2 Refrigerators, 2 Stoves, 2 Dishwashers, And 4 Window Air Conditioning Units From Both Apartments Upstairs Inclusive.
    • Exclusions: Zaddy's Restaurant Business Downstairs And Tenant's Personal Belongings Upstairs In Both Aparments.
    • Ownership: Other
    • Total actual rent: 69300
    • Income includes: Apartment Rentals, Other
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