USANJPalmyraPalmyra Gardens207 E Broad St
207 E Broad St, Home with 0 bedrooms, 8 bathrooms and null parking in PALMYRA NJ | Image 1
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$899,000

207 E Broad St, Palmyra, NJ

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mixed Use
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $13,084
Days Active 23
Approx. Age 1940
MLS® Number NJBL2090006

Property Address: 

Average square foot calculated using Size range provided by listing agent.

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!Show Description
MLS® NumberNJBL2090006
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1940
Stories2
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatBaseboard - Electric, Other, 90% Forced Air, Natural Gas, Electric
A/CCeiling Fan(s), Central A/C, Multi Units, Wall Unit, Window Unit(s), Other, Electric
Heating Fuel

Extras

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