$675,000 354 High Street Town Center

MLS: 1000266164   Type: Commercial   County: Burlington   City: Burlington   Area: Burlington City   Neighborhood: Town Center   Zip: 08016   Style: Restaurant/Bar,/General Retail     Taxes: $15,929

Mortgage $3,169 /mo

Beds

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Half Baths

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Lot Size

Built

0

0

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4,365

4,792

1929

Truly impressive commercial listing in the heart of historic Burlington City. This iconic 3 story brick building on the corner of High and Broad Street contains approx. 10,000 sf. of commercial space which was originally a bank then a fine dining restaurant/bar. The two story first floor main dining area is approx. 40' x 60' and still has the original vault and teller windows along with a 40' bar and dining booths. Huge arch windows, ornate ceiling trim and tall mirrors behind the bar give this space a unique ambiance. The balance of the first floor consists of a 27' x 15' former kitchen area, 2 former prep areas, a beverage station and two office areas. The 2nd and 3rd floors are accessible by stair or the working Otis elevator. The 2nd floor has balcony areas that overlook the main dining room/bar and 3 additional rooms measuring 21 x 21, 15 x 14 and 17 x 25. The 3rd floor features one very large room which measures approx. 65 x 45 along with a large office, a file room, a bathroom and room to incorporate a 2nd bathroom. There is a full basement with plenty of storage and a walk up to the roof (see pic of intersection below). Recent improvements include a new roof, plumbing and electric updated to code and mold remediation throughout. There is a Riverline train station less than 100' from this property and a bus station right out front. Rt 130, Rt 295 and the Burlington Bristol Bridge are just minutes by car. Burlington City also features a waterfront promenade, fine eateries, no meter parking, and a Chamber of Commerce which organizes several crowd drawing events in conjunction with the City such as the Wood Street Fair, Festival of Lights, waterfront concerts, etc. This property puts you right in the center of it all! Available to rent $3500

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Price History

3/14/2018 Listed $895,000
7/23/2018 28% - $650,000

Accessibility Mobility Improvements
Business Type Restaurant/Bar, Other/General Retail, Other
Cool Fuel Natural Gas
County BURLINGTON
Historic Y/N N
Location Type Downtown
MLS Area Burlington City (20305)
New Construction N
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 145.63
Property SubType Other
Property Type Commercial Sale
Tax Year 2018
Vacation Rental Y/N N
Zoning C-1

Interior Features

Building Features Elevator, Safe/Vault, Walk-In Box
Central Air Y/N Y
Cooling Central A/C
Flooring Tile/Brick, Wood, Carpet, Vinyl, Heavy Duty
Heating Forced Air
Heating Fuel Natural Gas
Heating Y/N Y
Hot Water Natural Gas
Utilities Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone

Exterior Features

Building Area Total 4635.00
Construction Materials Brick, Mixed Plumbing
Foundation Details Stone
Lot Dimensions 45X103
Lot Size Acres 0.11
Lot Size Source Assessor
Lot Size Square Feet 4635.00
Navigable Water Y/N N
Roadresponsibility Boro/Township
Roof Flat, Pitched
Sewer Public Sewer
Type of Parking None
Water Access Y/N N
Water Oriented Y/N N
Water Source Public
Water View Y/N N
Waterfront Y/N N

Property Schools



Direct Link:

https://www.searchphillylistings.com/property/16-1000266164-354-High-Street-Burlington-NJ-08016

Gallery (21 photos)

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Property vs Zip Code Avg (08016)

Price 675K Avg 402K

Sqr Feet 4,365 Avg 6,545

Cost / Sqr Ft $155 Avg $62

Taxes $15,929 Avg $8,364

Acres 0.11 Avg 1.51

Visits 224 Avg 56

Walkscore® 85 Avg 55

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: RE/MAX World Class Realty




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Location & Address

SPACE & COMPANY
2200 Walnut Street
Philadelphia, PA
215-600-3674
215-625-4721