1 /
67
Map
$309,511*
●
Commercial -
Off Market
17 W BROAD STREET
BURLINGTON, NJ 08016
Studio
0 Bath
$198,000 - $240,000
Reference Base Price*
41.33%
Since Jun 1, 2020
National-US
Primary Model
About This Property
A rare opportunity to own a prime mix use commercial building in
the downtown Historic District of Burlington City. Excellent for
any owner occupied professional with a business or investor. Build
equity by subsidizing it with rental income. The building mix is
presently that of Two Professional office suites on the first
floor, and, a two bedroom two bath residential unit on the 2nd
floor which is beautifully decorated & maintained. The first floor
front unit consist of 1140 SF with 2 powder rooms, with another
1038 SF office suite & private entrance. (Many options). The first
floor presently has several professional office areas, in addition
to a storage area/communications room. The offices are in excellent
condition & the design is somewhat flexible to meet individual
requirements. The office suite has a kitchenette area. The
apartment is now available for rent. It did have just for two
of the suites (The apartment and office suite downstairs). $2350.00
monthly income, but could be substantially increased. We estimate
the building could generate close to $3900.00 per month. There's
also a completely upgraded 2 Bedroom Apartment on the 2nd. floor,
w/(2) full baths. Located directly in front of the River Line
Rail Station, & minutes from I-295, NJ Turnpike, Route 130,
Burlington Bristol Bridge. Direct access to Major Highways, shore
areas, restaurants, retailers, & businesses. Easy access to
Philadelphia Int'l Airport, & Center city. It's where William
Penn's Quakers founded West Jersey in 1677. The City of Burlington
is a truly diverse, caring community on Delaware River that
welcomes & respects all residents & visitors alike. Be one of the
owners or investors to capitalize on Burlington's City's
Redevelopment. This property is priced right, & won't last long.
The building is separately zoned for all four units.
There are two newer high energy efficient units in the two
bedroom apartment. There are many options with the building.
The upstairs rent could be increased significantly. We
believe that the revenue can be easily increased to over $3900.00
per month if structured correctly....or, could be an excellent
owner occupied, and subsidized by the added lease income.
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Commercial
Property Taxes
$12,218
HOA Dues
-
Year Built
1890
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 3, 2020 | No longer available | - | |
No longer available | |||
Jun 5, 2019 | Price Change | $219,000 | |
Price Change | |||
Apr 2, 2019 | Relisted | - | |
Relisted | |||
Apr 1, 2019 | No longer available | - | |
No longer available | |||
Mar 30, 2019 | No longer available | - | |
No longer available |
Show More
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
09/07/2018
|
|
Studio
|
-
|
-
|
-
Studio
-
|
-
-
|
-
|
-
|
12/05/2017
|
|
Studio
|
-
|
-
|
$229,000
Studio
-
|
-
-
|
-
|
-
|