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Welcome to 823 W Atlantic Avenue, a prime investment opportunity located in the heart of Laurel Springs. This well-maintained, two-story mixed-use property features two fully occupied units with solid rental income and active lease agreements in place. The lower level offers approximately 1,500 square feet of commercial storefront space. With large picture windows that invite natural light, this space is ideal for indoor and outdoor seating, making it attractive for retail or food service. It includes countertops, sinks, a half bath, a separate office/storage room, and central air for year-round comfort. Upstairs, a spacious 2-bedroom, 1-bath apartment is filled with charm, from the wood coffered ceilings at the entry to the bright living area with neutral carpeting and plenty of natural light. The eat-in kitchen/dining area features wood cabinetry, a dishwasher, garbage disposal, and vinyl flooring, while the full bathroom offers a tub/shower combo with tile flooring. The primary bedroom includes a large walk-through closet that leads to a private laundry room, and both bedrooms are comfortably carpeted. Wall units provide air conditioning. The major utility systems are located in the unfinished basement, which is accessible from the lower unit, providing easy access for maintenance and service. There is a parking area in the back of the building for employees of the retail space and for the upstairs tenants. The driveway is shared with an easement for the neighboring building, and the owner has use of the left side of the lot. Surrounded by thriving local businesses such as The Hair Saloon, Clean Streak, Kids Karate All Stars, and Bella Vita Pizza, this centrally located property offers convenience, visibility, and steady income. It's also just minutes from the PATCO Speedline, major roadways, restaurants, and shopping, offering unbeatable accessibility for both tenants and customers. Don't miss your opportunity to own a fully leased, income-producing property in a desirable South Jersey community.
DAYS ON MARKET | 3 | LAST UPDATED | 5/30/2025 |
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YEAR BUILT | 1920 | COMMUNITY | Laurel Springs Boro (20420) |
COUNTY | CAMDEN | STATUS | Active |
PROPERTY TYPE(S) | Commercial |
School District | STERLING HIGH |
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High School | STERLING H.S. |
ADDITIONAL DETAILS | |
AIR | Ceiling Fan(s), Central Air, Electric, Wall Unit(s) |
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AIR CONDITIONING | Yes |
APPLIANCES | Gas Water Heater |
AREA | Laurel Springs Boro (20420) |
CONSTRUCTION | Brick |
HEAT | Baseboard, Oil |
LOT DIMENSIONS | 20.00 x 0.00 |
PARKING | On Street, Private, Parking Lot |
SEWER | Public Sewer |
TAXES | 7806 |
VIEW | Yes |
VIEW DESCRIPTION | Street |
WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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