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PRICE $1,700,000 SIZE n/a LOT SIZE 12,197 sqft Request More Info Schedule a Showing

Prime Main Street Investment Property | Fully Occupied | Long-Term Lease in Place 10 W. Main Street, Moorestown, NJ Rare opportunity to acquire a landmark mixed-use commercial property located in the heart of historic Moorestown's highly sought-after Main Street corridor. This beautifully maintained and extensively upgraded building offers immediate income, long-term stability, and future redevelopment potential through its flexible CRO (Commercial Residential Office) zoning designation. Currently fully occupied with a lease in place through 2028, plus two additional five-year renewal options, the property provides investors with secure cash flow while preserving future upside through potential residential or mixed-use redevelopment, subject to township approvals. Originally constructed with timeless architectural character and continuously maintained throughout ownership, the building features a stunning brick exterior, oversized covered front porch, grand foyer entrance, high ceilings, detailed trim work, crown molding, and an elegant winding staircase connecting all floors. Recent renovations and capital improvements have positioned the property as a true turnkey investment. Luxury vinyl plank flooring, fresh paint, updated lighting fixtures, premium carpeting, extensive mechanical upgrades, and infrastructure improvements allow for minimal deferred maintenance. Property Highlights Prime Main Street location in the center of Moorestown Fully occupied investment property Current lease through 2028 Two additional 5-year renewal options CRO (Commercial Residential Office) zoning Potential future residential conversion or mixed-use redevelopment Historic building with modern updates 10 on-site parking spaces plus street parking Walking distance to restaurants, shops, and downtown amenities Strong tenant location with excellent visibility Recent Capital Improvements Complete commercial-grade electrical rewire completed approximately one year ago New commercial sub-panels installed throughout the building Interior sewer piping recently replaced with PVC Exterior deck reconstructed prior to current tenancy New sprinkler monitoring system installed approximately two years ago Roof recoated during current ownership Updated flooring, paint, carpeting, and lighting throughout Building Systems The property contains multiple HVAC systems providing efficient climate control throughout the building: Rooftop HVAC system approximately 5-7 years old servicing upper floors with heating and air conditioning Separate HVAC system approximately 2 years old servicing the first floor with heating and air conditioning Existing boiler system supports radiator heat on the upper floors and has been professionally maintained Radiator system serves as supplemental heating, as the HVAC systems independently provide heat throughout the building Two heating zones The building is protected by a monitored sprinkler system and all major systems have been regularly maintained. Insurance & Utilities Tenants maintain renter/business personal property insurance Building insurance maintained by ownership Estimated annual building insurance approximately $13,000 Utility responsibilities allocated pursuant to lease agreements Zoning & Future Potential The property's CRO zoning provides exceptional flexibility and creates future opportunities beyond its current use. The zoning permits both commercial and residential uses, allowing future owners to explore residential conversion, multi-unit redevelopment, or alternative mixed-use configurations, subject to municipal approvals.