Burlington Twp, NJ
🏢 Commercial Conversion Opportunity
1824 sqft | built 1958
🚀 Rare commercial value-add deal with massive flexibility and redevelopment potential!
Asking Price: $250,000
Estimated ARV: $435K+
🏘️ Conversion or redevelopment play (buyer to verify zoning & use)
💡 Can be used as a live/work property for lawyers, accountants, blue collar trades.
📍 Location Benefits: Easy commuter access | Business-friendly area | Proximity to major metro markets
💰 Exit Strategy Options
🏠 Exit 1 — Owner-User / Live-Work
Operate a business while occupying the property
Reduces overhead by combining workspace and use
Suitable for professional or service-based operations (buyer to verify zoning & use)
Implied Annual Benefit: Cost savings vs. market lease rates
🏢 Exit 2 — Commercial Lease (Single Tenant)
Lease as a professional office or service-based space
Standard commercial build-out (not luxury)
Market-driven pricing to reduce vacancy risk
Projected Rent: $22 – $28 / sq ft annually
Estimated Annual Gross Income: $40,000 – $51,000
🏢 Exit 3 — Live-Work / Flexible Use Lease
Lease to an operator seeking combined workspace and occupancy
Attractive to small businesses, consultants, or trades
Premium driven by flexibility and layout
Projected Monthly Gross: $3,200 – $3,800
Estimated Annual Gross Income: $38,400 – $45,600
🏢 Exit 4 — Value-Add Hold (Stabilize & Refinance / Resale)
Improve, lease, and stabilize the property
Hold for cash flow and appreciation
Exit via refinance (BRRR-style) or resale
Target Resale Range: $435K+ ARV (post-optimization)
👉 Bottom Line
One asset. Four proven exits.
Flexible strategy — from cash flow to capital event.
Flip it, house hack it, lease it, or execute a value-add hold — you decide!
COMPS
🟢 20 New York Ave – 1904 sf → Sold $389,900 (3/7/25)
🟢 12 Peachtree Ln – 1540 sf → Sold $415,000 (8/13/25)
🟢 345 Glenwood – 1846 sf → Sold $510,000 (6/30/25)
(Source: Zillow Housing Market Data)
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