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Listed by James L Moffa • Keller Williams Realty - Marlton
Bought with Anthony M Pizza • Weichert Realtors Coastal

$825,000

$849,900 2.9%

Est. payment - /mo

14,000 SqFt

Sold on 01/31/2023

34-40 MILL ST Mount Holly, NJ 08060

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Brian Colonna

+1(609) 364-6466

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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

Annual Tax Amount $12,861

Tax Year 2021

Lot Size 9,401 Sqft

Acres 0.22

Lot Dimensions 79.00 x 119.00

Property Sub-Type Retail

Source BRIGHT

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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Brian Colonna

+1(609) 364-6466

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34-40 MILL ST Mount Holly, NJ 08060

Key Details

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34-40 MILL ST