11 Main StMarlton, NJ 08053

Property Details for 11 Main St

Year built

1890

Lot size

0.28 AC

Property size (Sq ft)

3,876 SF

Zone code

C-3

Property type

Commercial real estate

APN

13 00004- 06-00007

APU

13000040600007

Description

This exceptional mixed-use property in desirable Marlton, NJ, presents a rare investment opportunity. The 3,876 square foot building, situated on a 0.28-acre lot at 11 E Main Street, boasts a prime location with high visibility. Completely renovated in 2022, this turnkey property requires no additional work. The first floor houses a thriving, award-winning spa chain under a 9-year lease, ensuring a stable income stream. The second floor, currently a successful Airbnb, offers flexible options for short-term rental income or conversion to a long-term residential unit. Extensive upgrades include a new roof, windows, siding, and state-of-the-art HVAC systems. A freshly paved parking lot provides 12 convenient parking spaces. Both units feature modern finishes including wood flooring, updated tiled bathrooms, and sleek tiled backsplashes. This property offers immediate cash flow potential and long-term growth prospects, making it an ideal investment for discerning buyers. Priced at $839,900.

• Alternative Use

  Use

  Valuation

  Residential

  $1,247,420

  Hospitality

  $1,142,630

  Educational

  $950,655

  Medical

  $983,349

  Retail

  $1,478,797

Location Insight

City

Marlton

County

Burlington

State

New Jersey

Latitude

39.8909

Longitude

-74.9216

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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