158 S White Horse Pike
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158 S White Horse Pike
10,013 SF Retail Building Audubon, NJ 08106 $1,499,000 ($150/SF)
Investment Highlights
- Prime Corner Lot in Audubon: High-traffic location with 19,242 vehicles daily, perfect for retail or service businesses.
- Strong Rental Income: Triplex offers $114,000-$132,000 in annual rental income, with steady demand and potential for rent increases.
- Well-Maintained Property: Recent upgrades include new windows, energy-saving LED lighting, renovated kitchens and bathrooms, and CCTV security.
- Turnkey Investment: Includes established bedliner business, 7 garage bays, retail space, basement storage, and fully occupied triplex.
- Ideal for Owner-Operators: Perfect for Auto Mechanics, Contractors, or businesses needing vehicle storage and field staff parking.
- Easy Access and Seller Financing: Located just 20 minutes from Philadelphia, with quick access to major highways and negotiable seller financing optio
Executive Summary
Maximize your investment potential with this turnkey property offering a unique opportunity for an Owner-Operator or Investor. This prime corner lot in Audubon (Camden County) boasts a stable residential triplex and a fully operational retail/garage/storage space with a large parking lot, offering the perfect mix of business operations and passive income. The property includes an established bedliner business, 7 conditioned garage bays, retail storefront, basement storage, and three fully occupied 2-bedroom/1-bathroom residential rental units with a strong rental history.
This property is ideal for a variety of business ventures, including Auto Mechanics, HVAC/Plumbing/Electricians, Contractors, or any business requiring substantial parking and vehicle storage. The triplex provides a potential annual rental income between $114,000 and $132,000, while the commercial space offers an additional 4,900+ SF for your business needs, including 7 garage bays, storage areas, and a retail store. With a Net Operating Income between $88,000 and $107,000 annually, this location ensures strong cash flow.
Strategically located along the main road in Audubon, the property benefits from 19,242 vehicles passing daily, making it a high-visibility location for retail or service businesses. The property has been meticulously maintained and features recent updates, including newer windows, hardwood floors, renovated kitchens and bathrooms, LED lighting, and energy-efficient systems. Additionally, CCTV security, workshop equipment like a 12,000 lb 4-post lift, and a pressure washer system ensure a fully operational and secure business environment.
The triplex provides an additional 2,418 SF of residential space, generating a steady rental income of $54,000 annually, with room for growth through future rent increases. The property is well-connected, located just 20 minutes from Philadelphia, with easy access to major highways such as Route 295 and Route 130 for convenient North/South and East/West access. Situated on 0.34 acres and zoned Mixed-Use Commercial/Retail/Residential, this property offers endless possibilities for growth and profitability. Seller financing options are available and negotiable, making this an unbeatable investment opportunity.
This property is ideal for a variety of business ventures, including Auto Mechanics, HVAC/Plumbing/Electricians, Contractors, or any business requiring substantial parking and vehicle storage. The triplex provides a potential annual rental income between $114,000 and $132,000, while the commercial space offers an additional 4,900+ SF for your business needs, including 7 garage bays, storage areas, and a retail store. With a Net Operating Income between $88,000 and $107,000 annually, this location ensures strong cash flow.
Strategically located along the main road in Audubon, the property benefits from 19,242 vehicles passing daily, making it a high-visibility location for retail or service businesses. The property has been meticulously maintained and features recent updates, including newer windows, hardwood floors, renovated kitchens and bathrooms, LED lighting, and energy-efficient systems. Additionally, CCTV security, workshop equipment like a 12,000 lb 4-post lift, and a pressure washer system ensure a fully operational and secure business environment.
The triplex provides an additional 2,418 SF of residential space, generating a steady rental income of $54,000 annually, with room for growth through future rent increases. The property is well-connected, located just 20 minutes from Philadelphia, with easy access to major highways such as Route 295 and Route 130 for convenient North/South and East/West access. Situated on 0.34 acres and zoned Mixed-Use Commercial/Retail/Residential, this property offers endless possibilities for growth and profitability. Seller financing options are available and negotiable, making this an unbeatable investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
10,013 SF
Building Class
C
Year Built
1988
Price
$1,499,000
Price Per SF
$150
Tenancy
Single
Building Height
2 Stories
Building FAR
0.68
Lot Size
0.34 AC
Zoning
Commercial - Commercial; Mixed; Multi-Use; Residential; Retail; Multi-Family
Parking
8 Spaces (0.8 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Signage
Walk Score ®
Very Walkable (74)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 01-00056-02-00008 | Improvements Assessment | $130,000 |
Land Assessment | $160,000 | Total Assessment | $290,000 |
PROPERTY TAXES
Parcel Number
01-00056-02-00008
Land Assessment
$160,000
Improvements Assessment
$130,000
Total Assessment
$290,000
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158 S White Horse Pike
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