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117 W Merchant St

Audubon NJ 08106

3
4
2080 sq. ft.
2000.01 sq. ft.
Townhouse
Currently for sale - view listing

Overview

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 two-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 smalltown 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.

Features

3 bedrooms
4 carspaces
2080 sq. ft. floor area
2000.01 sq. ft. lot size
Townhouse

Property history for 117 W Merchant St

2021
Sold
$300,000
01 Oct 2021 by Suzanne Hoover, of Compass New Jersey, LLC
2017
Sold
$550
01 Oct 2017 by Suzanne Hoover
2017
Sold
$170,000
31 Mar 2017 by Suzanne Hoover

Happy sellers in Audubon

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Local market activity for 3 bedroom townhouses in Audubon

In the last 12 months, 4 three-bedroom townhouses similar to 117 W Merchant St, have been sold.

This represents a 40% increase in three-bedroom townhouses sales when compared to the previous 12 months.

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