Palmyra, NJ 08065,207 E BROAD ST
Palmyra, NJ 08065,207 E BROAD ST
Palmyra, NJ 08065,207 E BROAD ST
Palmyra, NJ 08065,207 E BROAD ST
Palmyra, NJ 08065,207 E BROAD ST
Palmyra, NJ 08065,207 E BROAD ST
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Listed by Celenia Martinez • Realty Mark Advantage
$ 899,000
Est. payment | /mo

9,997 Sqft Lot


Save
$ 899,000
Est. payment | /mo
Save

9,997 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Palmyra Gardens

MLS Listing ID NJBL2090006

Year Built 1940

Annual Tax Amount $13,084

Tax Year 2024

Lot Size 9,997 Sqft

Acres 0.23

Lot Dimensions 50.00 x 200.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Introducing an exceptional investment opportunity at 207 E. Broad Street in picturesque Palmera Boro, New Jersey! This newly listed property is a remarkable blend of commercial and residential spaces, featuring two prime storefronts complemented by six modern residential apartments. Spanning over 10,000 square feet, this income-producing gem boasts a solid cap rate of 9.2, making it a savvy addition to any portfolio.

Step inside the first-floor commercial unit, which serves as a stunning venue and retail area, perfect for attracting foot traffic and customers. The second commercial space is a versatile front office, ideal for a variety of businesses. The property underwent a complete rehabilitation in 2023, ensuring that every corner reflects modern design and functionality.

With an impressive annual income, this property is not only priced to sell, but also offers fantastic growth potential for a motivated seller. Don't miss your chance to capitalize on this unique opportunity to own a thriving asset in a vibrant community. Act fast, as this listing won't last long!

Location

State NJ

County Burlington

Area Palmyra Boro (20327)

Zoning COMMERCIAL

Interior

Hot Water Electric, Natural Gas

Cooling Ceiling Fan(s), Central A/C, Multi Units, Wall Unit, Window Unit(s), Other

Flooring Carpet, Concrete, Hardwood, Heavy Duty, Laminated, Luxury Vinyl Tile, Marble, Stone, Other

Equipment Negotiable

Heat Source Natural Gas, Electric

Exterior

Garage Spaces 20.0

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Roof Type Foam

Accessibility 2+ Access Exits

Total Parking Spaces 20

Garage N

Building

Foundation Brick/Mortar, Concrete Perimeter

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Palmyra Borough Public Schools

Others

Tax ID 27-00081-00011

Ownership Fee Simple

SqFt Source Assessor

Security Features Carbon Monoxide Detector(s),Fire Detection System,Smoke Detector

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Financing Cash,Conventional,Other

Special Listing Condition Standard

Bright MLS (BMLS)
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4550 Crain Hwy, Ste 100, Plains, MD, 20695

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207 E BROAD ST