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329 Otter St
For Sale $565,000
$565,000
- 0 Units
- Unknown Sq Ft
- 7,650 Sq Ft
- Unknown Cap Rate
Description
Prime Investment Opportunity: Mixed-Use Property at the Corner of Otter and Locust Streets
Situated at the corner of Otter and Locust Streets, this property presents an ideal opportunity for investors or business owners. The building consists of two distinct units: a spacious commercial area on the first floor and a large apartment on the second floor.
The first-floor commercial space spans over 2,500 square feet and offers great versatility for a variety of business types. It includes multiple overhead garage doors for easy access, two full bathrooms (one of which is ADA-compliant), a kitchen and break room, and a reception area or private office. The space is divided into three main work or storage areas, allowing for endless configurations. The entire space features durable vinyl tile flooring and is equipped with updated HVAC systems, which are serviced annually.
The second-floor apartment, accessible via a private entrance or through the commercial space, is perfect for an owner-occupied business. The apartment features a kitchen with custom cabinetry and a tile floor, a dining room and living room with hardwood flooring, three carpeted bedrooms, and a full bathroom with tile flooring. A bonus room at the rear boasts large windows that let in abundant natural light, creating a serene atmosphere. Additionally, an elevated deck off the back provides outdoor living space.
The property includes off-street parking, a rear yard, stucco exterior, and excellent visibility. Located just minutes from Route 13, I-95, and the PA/NJ Turnpike, this property is perfectly situated for any business venture.
This is an exceptional investment opportunity you won’t want to miss!
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $565,000 |
| Property Type | Flex Space |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1955 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 04008037 |
| MLS # | PABU2081034 |
| Property ID | 319927508 |
| Lot Sqft | 7,650 |
| Zoning | R2 |
| Days on Market | 46 |
| Original List Price | Unknown |
| Date Updated | October 10, 2024 |
| Date Created | October 09, 2024 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Robert Wade Melling an agent of .
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Data last updated: November 24, 2024.
Robert Crawford
REAL ESTATE AGENT