Unique investment opportunity!!! Bar with kitchen on the first floor, waiting to be brought back to life! Prime location right on the pike! 2BD/1BTH apartment on the second floor. Strictly as-is sale, buyer is responsible for the CO. Seller obtained property via tax lien foreclosure. Seller makes no guarantees or warranties as to the condition or accuracy of the information provided. Seller has never seen nor been to property. Seller prefers to use Brennan Title to complete the transaction. Seller open to seller-financing. Schedule your private tour today!
Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare. **Current Configuration and Expansion Options **Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use). **Second Downstairs Unit – 3 Bedrooms / 1 Bathroom Offers substantial expansion potential. Options include: - Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit - Converting the additional space into flex living or workspace - Reconfiguring into a fourth rental unit to increase total density and rent roll **Upstairs Unit – 1 Bedroom / 1 Bathroom Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential. *Combined, these layouts offer multiple long-term strategies including: - Full residential rental property - Mixed-use commercial and residential - A potential four-unit investment property - Owner-occupied business with income-producing units *Income and Market Positioning: Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside. *Location Benefits Located directly on the White Horse Pike, this property offers: - High visibility and drive-by traffic - Immediate access to public transportation - Convenient commuter routes in all directions - Ample paved parking suitable for residential, commercial, or mixed-use operations *320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.
Waterford Works is located in New Jersey. Waterford Works, New Jersey has a population of 4,448. Waterford Works is more family-centric than the surrounding county with 33.96% of the households containing married families with children. The county average for households married with children is 28.19%.
The median household income in Waterford Works, New Jersey is $89,479. The median household income for the surrounding county is $75,485 compared to the national median of $69,021. The median age of people living in Waterford Works is 44.8 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 22.5 degrees. The average rainfall is approximately 46.4 inches per year, with 14.8 inches of snow per year.
