158 White Horse PikeAudubon, NJ 08106

For Sale
$1,499,000

Prime location, high-traffic area, strong rental income.

Overview

Added:
Feb 3
Days on market:
40
This exceptional mixed-use property in Audubon, NJ, presents a unique investment opportunity. Situated on a 0.34-acre corner lot at 158 S White Horse Pike, this property boasts 7,300 square feet of space, combining thriving commercial and residential components. The commercial area features a retail storefront, seven conditioned garage bays, ample storage in the basement, and a large parking lot accommodating 15+ vehicles outside and 10+ inside. Currently housing a successful business, this space is ideal for an owner-operator seeking to combine business operations with passive income. The residential component consists of a recently renovated triplex with three two-bedroom, one-bathroom units, generating a consistent annual rental income of $54,000 (before potential increases). Recent upgrades include new kitchens and bathrooms (1-2 years old), new windows (1-2 years old), a CCTV system, and energy-efficient LED lighting. The garage roofs are in varying conditions, with the front bay roof being brand new and the middle roof one year old. The property benefits from a high daily traffic count of 19,242 vehicles on White Horse Pike, providing excellent visibility and accessibility. Located just 20 minutes from Philadelphia and near major roadways (Routes 295 and 130), this property offers unparalleled convenience. The property is zoned for Commercial/Retail and Residential (Mixed Use). Seller financing is optionally available. The potential annual net operating income is estimated between $88,000 and $107,000, with potential annual rental income for the triplex between $114,000 and $132,000.

Property Details for 158 White Horse Pike

Property type
Mixed-use properties, Other mixed-use properties
Square Feet
7,300 SF
Year Built
1909
Lot Size (sq. ft)
14,810 SF

Location Insight

City
Audubon
County
Camden
State
New Jersey
Latitude
39.89347
Longitude
-75.06866
158 White Horse Pike, Audubon, New Jersey

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158 White Horse Pike
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