320 White Horse Pike

Highlights:

• Days on Market: 100
• Parking Features: Paved Parking
• Heating: Forced Air

Description:

OUTSTANDING VALUE-ADD OPPORTUNITY WITH EXTENSIVE UPSIDE POTENTIAL!
Welcome to 320 White Horse Pike, a fully vacant and highly adaptable triplex with mixed-use zoning and multiple paths for expansion. With three existing units, strong rental demand, and significant configuration flexibility, this property is ideal for investors, developers, or owner-operators seeking a versatile asset on a major thoroughfare.

**Current Configuration and Expansion Options

**Front Downstairs Unit – 3 Bedrooms / 2 Bathrooms
Formerly a deli and zoned for mixed-use commercial, this space can be re-zoned for a residential unit or be converted to office or retail use. Ideal for professional services, boutique retail, personal care, or similar commercial applications (buyer to confirm permitted use).

**Second Downstairs Unit – 3 Bedrooms / 1 Bathroom
Offers substantial expansion potential. Options include:
- Adding an additional bedroom and bathroom to create a 4-bedroom/2-bath unit
- Converting the additional space into flex living or workspace
- Reconfiguring into a fourth rental unit to increase total density and rent roll

**Upstairs Unit – 1 Bedroom / 1 Bathroom
Includes access to an unfinished attic, which may be finished for added living area, creating further income or value potential.

*Combined, these layouts offer multiple long-term strategies including:
- Full residential rental property
- Mixed-use commercial and residential
- A potential four-unit investment property
- Owner-occupied business with income-producing units

*Income and Market Positioning:
Estimated residential rental income is approximately $5,000 per month in its current format, with the ability to increase revenue through reconfiguration, additional units, or commercial use. This property is priced competitively at $369,999, making it an exceptional entry for investors seeking immediate upside.

*Location Benefits
Located directly on the White Horse Pike, this property offers:
- High visibility and drive-by traffic
- Immediate access to public transportation
- Convenient commuter routes in all directions
- Ample paved parking suitable for residential, commercial, or mixed-use operations

*320 White Horse Pike provides substantial flexibility, strong rental projections, and multiple strategies for value creation. An excellent opportunity for investors or buyers ready to maximize the potential of a well-located mixed-use asset.

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Listing ID: 804148655772