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, cafs, 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 visitorsan 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