55 High Street -61Mount Holly, NJ 08060

Description

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.

Property Information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1970

Lot size

0.12 acres

Lot dimensions

75.00 x 68.00

Parking spaces

12

Zoning

B1

Days on market

106

MLS^® Listing#

NJBL2113284

Property Features

Appliances

Gas Water Heater

Cooling

Central Air

Heating

Natural Gas · Radiant

Parking

Parking Lot

Construction

Brick

Sewer

Public Sewer

Water source

Public

Schools

District

MOUNT HOLLY TOWNSHIP PUBLIC SCHOOLS

Financial Details

Annual taxes

$22,303Tax year 2025

Assessed value

$595,900

Parcel number

23-00050-00007

Directions

New Jersey Turnpike: Exit 5 provides direct highway access to Mount Holly via County Route 541. Interstate 290: Connects the region to major regional corridors. U.S. Route 206: Passes just east of Mount Holly, linking North and South Jersey. U.S. Route 130: Runs west of Mount Holly, offering a direct route toward Burlington and Camden. New Jersey Route 38: A major east-west highway passing just south of downtown Mount Holly. County Route 541 (Burlington-Mount Holly Road): The primary commercial artery feeding directly into High Street. County Route 537: Cuts directly through the town, connecting Moorestown to Freehold.