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Key Details
Sold Price $825,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 14,000 sqft
Price per Sqft $58
MLS Listing ID NJBL383776
Sold Date 01/31/23
HOA Y/N N
Originating Board BRIGHT
Annual Tax Amount $12,861
Tax Year 2021
Lot Size 9,401 Sqft
Acres 0.22
Lot Dimensions 79.00 x 119.00
Property Description
A very rare opportunity to own an 11 Unit, 14,000 Sq Ft, Mount Holly Landmark Income Producing Property....known as Red Men's Hall. It is strategically located in the historic downtown district, located directly across from Rowan College at BC Culinary Arts Center. A town with deep historic roots, Mount Holly has been experiencing a renaissance. (A little secret....not well known....It was an illegal gaming hall in the center of Mount Holly, for several years, beginning in 1938. The casino had 36 slot machines, two craps tables, two roulette tables, which attracted Mafia Bosses and players alike,....and, plenty of booze). Back to today.....The building is up to code, and has just recently passed the Mount Holly New Jersey Uniform Fire Code and has a Certificate of Inspection. Situated in a very desirable destination in the city,.... the business district street. The location is perfect for many retail, wholesale, business, professional, and possibly internet warehouse/distribution, and light industrial concepts. As you will see we have included a photo sampling of the tenants suites presently leasing. There was one 3000SF first floor street level suite with significant exposure, two window front offices with great exposure (10'x30' & 10'x19') in addition to an estimated 2600 SF of open space, restroom, storage area, etc...and, could be owner occupied, or even divided, but was just recently rented. It's conveniently located to the eastern shore business corridor, and is located within the Tri-State area. This Burlington county seat is a quaint and charming town featuring a bustling downtown district. It is also adjacent to industrialized and commercial market areas. Program incentives include certain tax exemptions for specified material and tangible personal property; corporate tax credits; and subsidized unemployment insurance costs;. Loan programs and grant programs to assist businesses. A very strategic location, easily accessible, and a very short distance to Shore Points, & State Parks. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 206 & 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most importantly it's a short distance to High End Medical Facilities, such as the highly rated Penn & Jefferson & Fox Chase Institutions. Additionally, close to the many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other fast food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia. It bears repeating.... Conveniently, located close to all interstate highways, all bridges, an international airport, sports complexes, shopping, dining, and all the city has to offer. Block 85, Lots 7, 8 and 9. 34-40 Mill Street, Mt. Holly, NJ. The property is being sold "AS IS". All inspection reports are for informational purposes only.
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning B1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Flooring Concrete, Partially Carpeted, Laminated, Vinyl, Wood, Other
Heat Source Natural Gas
Exterior
Utilities Available Cable TV, Cable TV Available, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, Phone Available, Phone Connected, Sewer Available, Water Available, Other
Water Access N
View Canal, Street
Roof Type Flat
Accessibility 2+ Access Exits, 32\"+ wide Doors
Road Frontage City/County
Garage N
Building
Lot Description Corner, Level
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mount Holly Township Public Schools
Others
Tax ID 23-00085-00007
Ownership Fee Simple
SqFt Source Assessor
Security Features Electric Alarm,Exterior Cameras,Fire Detection System,Main Entrance Lock,Monitored,Security System
Acceptable Financing Cash, Conventional, Negotiable
Listing Terms Cash, Conventional, Negotiable
Financing Cash,Conventional,Negotiable
Special Listing Condition Standard
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Bought with Anthony M Pizza • Coastal Elite Realty