Property Description
Exceptional Mixed-Use Investment Opportunity in the Heart of Downtown Audubon! Ideally situated along Audubons charming Merchant Street business district, this fully occupied, income-producing property offers an outstanding opportunity to own a piece of one of South Jerseys 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 Audubons picturesque downtown, this property benefits from the vibrant energy of Merchant Street, where locally owned shops, restaurants, cafs, breweries, and year-round community events create a true small-town 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 youre 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.