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Jonathan Freedman

jon@jonfreedman.com +1(856) 816-4378

Listed by Melissa Connell • Keller Williams Realty

$ 495,000

Est. payment | -/mo

2,000 Sqft Lot

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$ 495,000

Est. payment | -/mo

Save

2,000 Sqft Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Subdivision Downtown

MLS Listing ID NJCD2121196

Year Built 1920

Annual Tax Amount $7,501

Tax Year 2025

Lot Size 2,000 Sqft

Acres 0.05

Lot Dimensions 16.00 x 125.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubon's charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jersey's most beloved Main Streets. The street-level commercial space is home to the well-established Broken Anchor Barbershop, a beautifully maintained storefront featuring multiple barber stations, custom wood finishes, classic subway tile accents, industrial lighting, a private kitchenette/break area, and excellent street visibility in a thriving downtown setting. Above the commercial space are two residential apartments, each with private entrances. The first apartment is a bright and efficient studio, offering an open-concept layout with a full kitchen, spacious living/sleeping area, generous natural light, and neutral finishes. The second apartment is a comfortable one-bedroom unit featuring a separate bedroom with ample closet space, a full kitchen with abundant cabinetry and counter space, a spacious living room filled with natural light, and an inviting layout that appeals to long-term tenants. All three units are currently leased to excellent, long-standing tenants who would love to remain, providing immediate, stable cash flow from day one.
Located in the heart of Audubon's picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafés, breweries, and year-round community events create a true small-town Main Street experience. The combination of a thriving commercial tenant, two desirable residential apartments, and a walkable downtown location makes this a rare turnkey investment opportunity. Whether you're looking to expand your commercial portfolio or secure a turnkey property with diversified rental income, 117 W. Merchant Street offers the perfect combination of dependable cash flow, timeless Main Street charm, and long-term investment potential.

Location

State NJ

County Camden

Area Audubon Boro (20401)

Zoning COMMERCIAL

Interior

Hot Water Natural Gas

Heating Baseboard - Electric, Other

Cooling Central A/C, Ceiling Fan(s), Ductless/Mini-Split

Flooring Hardwood, Ceramic Tile, Vinyl

Inclusions light fixtures, appliances

Heat Source Natural Gas

Exterior

Garage Spaces 4.0

Water Access N

Roof Type Flat

Accessibility None

Total Parking Spaces 4

Garage N

Building

Lot Description Level

Sewer Public Sewer

Water Public

New Construction N

Schools

Elementary Schools Mansion Avenue School

Middle Schools Audubon Jr-Sr

High Schools Audubon H.S.

School District Audubon Public Schools

Others

Tax ID 01-00066-00002 01

Ownership Fee Simple

Special Listing Condition Standard

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Jonathan Freedman

REALTOR® | License ID: 1967937

+1(856) 816-4378 | jon@jonfreedman.com

117 W MERCHANT ST Audubon, NJ 08106

Jonathan Freedman

Key Details

Location

Interior

Exterior

Building

Schools

Others

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117 W MERCHANT ST