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Listed by Dawn Varallo • BHHS Fox & Roach-Marlton
$ 565,000
Est. payment | /mo
3,920 Sqft Lot
$ 565,000
Est. payment | /mo
3,920 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision None Available
MLS Listing ID NJBL2117588
Year Built 1900
Annual Tax Amount $11,603
Tax Year 2025
Lot Size 3,920 Sqft
Acres 0.09
Lot Dimensions 29.00 x 135.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Downtown Mount Holly Mixed-Use Investment Opportunity
Positioned in the heart of Historic Downtown Mount Holly, 40 High Street presents a rare opportunity to acquire a fully renovated mixed-use asset in one of Burlington County's most established county-seat communities. Combining stable commercial occupancy, residential income, and significant value-add potential, this property is ideally suited for investors seeking dependable cash flow with future upside.
Prime Downtown Location
Located directly across from and adjacent to the Burlington County Courthouse complex, the property benefits from exceptional visibility and a constant flow of professionals, attorneys, government employees, jurors, residents, and visitors throughout the week. High Street serves as the commercial backbone of Mount Holly's vibrant downtown, offering a walkable environment filled with locally owned restaurants, boutiques, cafés, breweries, financial institutions, and professional offices.
Quality Building with Flexible Layout
The property has been extensively renovated and meticulously maintained, offering investors a turnkey asset with minimal deferred maintenance. The building features separate utilities for each floor, independent entrances for the upper-level units, central air conditioning throughout, and flexible floor plans that accommodate multiple tenancy options.
The first floor consists of approximately 3,166 square feet of commercial space currently occupied by a successful restaurant, along with additional rear office space and a separate rear entrance that enhances operational efficiency.
The second floor offers approximately 1,598 square feet and is currently leased as an apartment while also providing the flexibility to be converted or utilized as professional office space, creating multiple leasing strategies depending on market demand.
The third floor features an upgraded 986-square-foot apartment with modern finishes, providing additional residential income.
A major advantage of the property is its parking. In addition to available on-site parking, the building backs directly to a large free municipal parking lot, providing abundant parking for restaurant patrons, office users, tenants, and visitors—an amenity rarely found in traditional downtown business districts.
Exceptional Investment Opportunity
This asset offers investors multiple income streams through a combination of commercial and residential tenants while preserving future upside. The property's flexible zoning and layout provide opportunities to reconfigure existing space, increase rental income, or pursue the creation of an additional residential unit, subject to municipal approvals.
With separately metered utilities, diversified tenant mix, limited capital improvement requirements, and a highly desirable downtown location, the property offers an attractive balance of stable cash flow and long-term appreciation potential.
Whether held as a long-term investment or repositioned to maximize rental revenue, 40 High Street represents a unique opportunity to own a landmark mixed-use property in one of South Jersey's most active and historically significant downtown districts.
Property Highlights
Prime mixed-use investment in Historic Downtown Mount Holly
Directly adjacent to the Burlington County Courthouse and government offices
Approximately 3,166 SF of first-floor commercial space occupied by an established restaurant
Approximately 1,598 SF second-floor unit with residential and commercial flexibility
Upgraded 986 SF third-floor apartment
Potential to create an additional residential unit, subject to approvals
Recently renovated and exceptionally well maintained
Separate utilities for each floor
Separate entrances for residential units
Central air conditioning throughout
Rear access to the commercial space
Abundant free municipal parking directly behind the property
Strong combination of current income, tenant diversity, and value-add potential
Positioned in the heart of Historic Downtown Mount Holly, 40 High Street presents a rare opportunity to acquire a fully renovated mixed-use asset in one of Burlington County's most established county-seat communities. Combining stable commercial occupancy, residential income, and significant value-add potential, this property is ideally suited for investors seeking dependable cash flow with future upside.
Prime Downtown Location
Located directly across from and adjacent to the Burlington County Courthouse complex, the property benefits from exceptional visibility and a constant flow of professionals, attorneys, government employees, jurors, residents, and visitors throughout the week. High Street serves as the commercial backbone of Mount Holly's vibrant downtown, offering a walkable environment filled with locally owned restaurants, boutiques, cafés, breweries, financial institutions, and professional offices.
Quality Building with Flexible Layout
The property has been extensively renovated and meticulously maintained, offering investors a turnkey asset with minimal deferred maintenance. The building features separate utilities for each floor, independent entrances for the upper-level units, central air conditioning throughout, and flexible floor plans that accommodate multiple tenancy options.
The first floor consists of approximately 3,166 square feet of commercial space currently occupied by a successful restaurant, along with additional rear office space and a separate rear entrance that enhances operational efficiency.
The second floor offers approximately 1,598 square feet and is currently leased as an apartment while also providing the flexibility to be converted or utilized as professional office space, creating multiple leasing strategies depending on market demand.
The third floor features an upgraded 986-square-foot apartment with modern finishes, providing additional residential income.
A major advantage of the property is its parking. In addition to available on-site parking, the building backs directly to a large free municipal parking lot, providing abundant parking for restaurant patrons, office users, tenants, and visitors—an amenity rarely found in traditional downtown business districts.
Exceptional Investment Opportunity
This asset offers investors multiple income streams through a combination of commercial and residential tenants while preserving future upside. The property's flexible zoning and layout provide opportunities to reconfigure existing space, increase rental income, or pursue the creation of an additional residential unit, subject to municipal approvals.
With separately metered utilities, diversified tenant mix, limited capital improvement requirements, and a highly desirable downtown location, the property offers an attractive balance of stable cash flow and long-term appreciation potential.
Whether held as a long-term investment or repositioned to maximize rental revenue, 40 High Street represents a unique opportunity to own a landmark mixed-use property in one of South Jersey's most active and historically significant downtown districts.
Property Highlights
Prime mixed-use investment in Historic Downtown Mount Holly
Directly adjacent to the Burlington County Courthouse and government offices
Approximately 3,166 SF of first-floor commercial space occupied by an established restaurant
Approximately 1,598 SF second-floor unit with residential and commercial flexibility
Upgraded 986 SF third-floor apartment
Potential to create an additional residential unit, subject to approvals
Recently renovated and exceptionally well maintained
Separate utilities for each floor
Separate entrances for residential units
Central air conditioning throughout
Rear access to the commercial space
Abundant free municipal parking directly behind the property
Strong combination of current income, tenant diversity, and value-add potential
Location
State NJ
County Burlington
Area Mount Holly Twp (20323)
Zoning B1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 100.0
Water Access N
Roof Type Flat
Street Surface Other
Accessibility None
Total Parking Spaces 100
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Mount Holly Township Public Schools
Others
Tax ID 23-00047 01-00018
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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Timothy Bowen
REALTOR® | License ID: 2191967