Laurel Springs NJ Real Estate & Commercial for Sale

Welcome to 823 W Atlantic Avenue, a prime investment opportunity located in the heart of Laurel Springs. This well-maintained, two-story mixed-use property features two fully occupied units with solid rental income and active lease agreements in place. The lower level offers approximately 1,500 square feet of commercial storefront space. With large picture windows that invite natural light, this space is ideal for indoor and outdoor seating, making it attractive for retail or food service. It includes countertops, sinks, a half bath, a separate office/storage room, and central air for year-round comfort. Upstairs, a spacious 2-bedroom, 1-bath apartment is filled with charm, from the wood coffered ceilings at the entry to the bright living area with neutral carpeting and plenty of natural light. The eat-in kitchen/dining area features wood cabinetry, a dishwasher, garbage disposal, and vinyl flooring, while the full bathroom offers a tub/shower combo with tile flooring. The primary bedroom includes a large walk-through closet that leads to a private laundry room, and both bedrooms are comfortably carpeted. Wall units provide air conditioning. The major utility systems are located in the unfinished basement, which is accessible from the lower unit, providing easy access for maintenance and service. There is a parking area in the back of the building for employees of the retail space and for the upstairs tenants. The driveway is shared with an easement for the neighboring building, and the owner has use of the left side of the lot. Surrounded by thriving local businesses such as The Hair Saloon, Clean Streak, Kids Karate All Stars, and Bella Vita Pizza, this centrally located property offers convenience, visibility, and steady income. Its also just minutes from the PATCO Speedline, major roadways, restaurants, and shopping, offering unbeatable accessibility for both tenants and customers. Dont miss your opportunity to own a fully leased, income-producing property in a desirable South Jersey community.

Great investment!!!The price for sale is the store fron and a two beds apatment in upstairs. The store front is vacant . It was a drop off store. Apartment has been rented for $1100 currently as month to month. As is condition. The buyer is responsible for obtainning CO. Looking for lease for the store front as $1350

Opportunities seem far & few between. Receiving a positive cash flow seems far away. But this 2.5 story building with two to three units solves the problem. Flexible floor plan where you can tailor to fit your needs. Most is finding Location Location Location which this property diffidently has. Check the Documents section to view the building's floor plans, Location map and more. Located on Rt 30 the White Horse Pike, which over the last 2+ years has experiencing almost a total transition. This site is 1.4 miles +- from Jefferson Hospital & the Rowan University Medical Center, 1.3 miles +- from the PATCO Transportation Complex. Commercial, Business and new housing developments abound. Parking a problem? No! 20 spots with easy expansion to 22 car parking The second floor was just renovated. You have an open floor plan apartment, containing living room, dining area, 2 bedroom's 1 bath along with a walk up loft, den or office. The first floor contains approximately 1,064 +-square feet to do what you wish. There is an option to rent to the existing tenant that is on a month to month lease. The yearly lease expired September 30, 2024. A tenant since 2005, professional office, light use, renting 386 + - square feet, including a powder room at $695.00 a month with utilities included, The tenant will sign a 1 year lease with a 5 year option. The tenant is on a month to month lease and will vacate prior to closing if need be. This is an as is sale. Inspections were completed in 2024.Buyer is responsible for all inspections and certificates prior to closing.