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$1,250,000
138 Days On Site

55 HIGH STREET -61
MOUNT HOLLY, NJ 08060

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
—
SqFt
—
/SqFt
1970
Built
County:
BURLINGTON
Listing courtesy of BHHS Fox & Roach-Marlton
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+1(856)912 2973
55 HIGH STREET -6155 HIGH STREET -6155 HIGH STREET -6155 HIGH STREET -61
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PRIME MIXED-USE INVESTMENT OPPORTUNITY 13,000± SF | Historic Downtown Mount Holly | Significant Value-Add Potential 55–61 High Street presents a unique opportunity to acquire a substantial 13,000± square foot property in the heart of historic Downtown Mount Holly. The property offers a combination of existing commercial income and significant future residential upside, making it an attractive opportunity for investors, developers, and owner-users. The first floor features four fully occupied commercial storefronts, providing established in-place income from multiple tenants. Tenants are responsible for their own utilities and applicable expenses, helping provide a more predictable operating structure for the owner. The upper levels offer substantial value-add potential, with the building having Plans for six (6) two-bedroom residential apartments. The current owner is also actively pursuing a zoning change to permit mixed-use and multifamily development, which could further enhance the property's redevelopment potential and allow for the proposed residential component. A rear lot on Brainerd Street is included with the property, providing additional flexibility for parking, rear access, outdoor space, or potential future development, subject to applicable approvals. Prime Downtown Mount Holly Location Situated prominently along High Street in the center of Downtown Mount Holly, the property benefits from excellent visibility and proximity to the borough's restaurants, shops, professional services, entertainment, municipal facilities, and other downtown amenities. Mount Holly's historic downtown continues to attract investment and redevelopment, creating an attractive environment for properties that combine commercial and residential uses. The property's location also provides convenient access to major South Jersey roadways and Philadelphia. Investment Highlights 13,000± SF property Four fully occupied commercial storefronts Established in-place rental income Tenants pay their own utilities and applicable expenses Preliminary approvals for six (6) two-bedroom apartments Owner is pursuing rezoning for mixed-use/multifamily use Significant potential for additional residential income Rear lot on Brainerd Street included Potential for additional parking and rear access Excellent High Street visibility Located in the heart of historic Downtown Mount Holly Close to restaurants, retail, professional services, and entertainment Strong value-add and redevelopment potential Opportunity to create a diversified commercial and residential income-producing property 55–61 High Street offers investors the opportunity to acquire a substantial downtown asset with income in place and significant potential for future growth. The combination of existing commercial occupancy, preliminary residential approvals, ongoing efforts to secure mixed-use/multifamily zoning, and the included rear lot creates multiple avenues for increasing the property's income and long-term value.

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Listing Snapshot
Price 
$1,250,000
Days On Site 
138 Days
Bedrooms 
N/A
Inside Area (SqFt) 
0.0 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.12 Acres
Year Built 
1970
MLS® Number 
NJBL2113284
Status 
Active
Property Tax 
$22,303
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoListing updated with changes from the MLS®
a month agoPrice changed to $1,250,000
5 months agoListing first seen on site
General Features
Acres 
0.12
Parking 
Parking Lot
Parking Spaces 
12
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Special Circumstances 
Standard
Water Source 
Public
Zoning 
B1
Interior Features
Appliances 
Gas Water Heater
Cooling 
Central Air
Heating 
Natural GasRadiant
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Exterior Features
Construction Details 
Brick
Community Features
MLS Area 
Mount Holly Twp (20323)
School District 
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Schools
School District
MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of BHHS Fox & Roach-Marlton



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Neighborhood & Commute
Source: Walkscore
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