320 WHITE HORSE PIKE, Waterford Works, NJ 08089
320 WHITE HORSE PIKE, Waterford Works, NJ 08089
320 WHITE HORSE PIKE, Waterford Works, NJ 08089
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Simone Velvel

Simone Velvel

+1(703) 507-7614
Listed by Carla Cornick • Coldwell Banker Realty
$349,999
Est. payment /mo
7,405 Sqft Lot
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Pending

Purchase Type For Sale

MLS Listing ID NJCD2101476

Year Built 2003

Annual Tax Amount $5,008

Tax Year 2024

Lot Size 7,405 Sqft

Acres 0.17

Lot Dimensions 50.00 x 150.00

Property Sub-Type Mixed Use

Source BRIGHT

Property Description

AS IS/WHERE IS - 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.

Location

State NJ

County Camden

Area Chesilhurst Boro (20410)

Zoning COMM

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Flooring Tile/Brick, Wood, Carpet

Heat Source Natural Gas

Exterior

Garage Spaces 6.0

Utilities Available Natural Gas Available

Water Access N

Roof Type Shingle,Flat

Street Surface US Highway/Interstate

Accessibility None

Total Parking Spaces 6

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Private

New Construction N

Schools

School District Winslow Township Public Schools

Others

Tax ID 10-00909-00005

Ownership Fee Simple

Acceptable Financing Cash

Listing Terms Cash

Financing Cash

Special Listing Condition Standard

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Bright MLS (BMLS)
Nearby Locations
Simone Velvel

"Simone's passion for real estate and her love for "The DMV" are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in DC, Maryland and Virginia. "

+1(703) 507-7614

simone@thevelvelgroup.com

11003 Glueck Lane, Kensington, Maryland 20895, USA

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320 WHITE HORSE PIKE

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