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Listed by Dawn Varallo • BHHS Fox & Roach-Marlton
$ 1,700,000
Est. payment | /mo
0.28 Acres Lot
$ 1,700,000
Est. payment | /mo
0.28 Acres Lot
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJBL2114518
Year Built 1925
Annual Tax Amount $12,292
Tax Year 2025
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 80.00 x 152.00
Property Sub-Type Office
Source BRIGHT
Property Description
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.
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.
Location
State NJ
County Burlington
Area Moorestown Twp (20322)
Zoning R-3
Interior
Hot Water Other
Heating Central
Cooling Central A/C
Heat Source Other
Exterior
Garage Spaces 10.0
Water Access N
Accessibility None
Total Parking Spaces 10
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Moorestown Township Public Schools
Others
Tax ID 22-04502-00017
Ownership Fee Simple
Special Listing Condition Standard
Nearby Locations
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