Excellent investment opportunity! This mixed-use property is perfectly located in the heart of a vibrant neighborhood, featuring a well-established commercial tenant on the first floor renting for $1,700/mo. The storefront offers an open, inviting layout with large windows, ample natural light, and a welcoming reception area ideal for attracting foot traffic. Additional rooms at the rear provide functional space suitable for various business uses. Above the commercial space, discover a spacious, beautifully-maintained two-level residential unit with a separate entrance ensuring privacy. The apartment includes 3 bedrooms, 1 bathroom, a bright and airy living room, and a well-appointed eat-in kitchen with plenty of cabinetry and dining space. Comfortable bedrooms offer generous closet storage, and the modern bathroom features updated fixtures. The roof was replaced a couple years ago. Shared off-street parking is conveniently located at the rear of the property. Additionally, there is convenient on-street parking available directly in front of the building, providing ample parking options for both residents and business patrons. Positioned near shopping, dining, and local services, and just two blocks from the Riverside Light Rail Station and Bus Stop, this property presents a fantastic opportunity for both investors and owner-occupants who can have the commercial rent offset most of the mortgage. Schedule your showing today and capitalize on this high-value investment property!
Pending
$459,900
117 S Pavilion Ave, Riverside, NJ 08075
3beds
2baths
2,500sqft
Est.:
Retail
Built in 1935
-- sqft lot
$-- Zestimate®
$184/sqft
$-- HOA
What's special
Modern bathroomWelcoming reception areaGenerous closet storageFunctional spaceWell-appointed eat-in kitchenLarge windowsAmple natural light
- 23 days
- on Zillow |
- 480 |
- 16 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 05:58pm
Listed by:
Tracy Nguyen 856-261-8971,
Keller Williams Realty - Cherry Hill
Source: Bright MLS,MLS#: NJBL2084312

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Basement
- Area: 650
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Flooring: Carpet, Ceramic Tile, Hardwood, Laminate
- Basement: Interior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 3,150
- Total interior livable area: 2,500 sqft
Property
Parking
- Parking features: On Street, Other
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,699 Square Feet
- Dimensions: 20.00 x 85.00
- Features: Downtown
Details
- Additional structures: Above Grade
- Parcel number: 300090500031
- Zoning: CD
- Zoning description: C-2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Straight Thru,Traditional
- Property subtype: Retail
Materials
- Stucco, Mixed
- Roof: Asphalt
Condition
- Good,Very Good
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Riverside
- Municipality: RIVERSIDE TWP
Financial & listing details
- Price per square foot: $184/sqft
- Tax assessed value: $132,600
- Annual tax amount: $5,441
- Date on market: 4/26/2025
- Listing agreement: Exclusive Agency
- Listing terms: Cash,Conventional,VA Loan,FHA 203(b)
- Inclusions: Refrigerator, Range, Hood In Upper Unit Apartment
- Exclusions: All Trade Fixtures And Appliances In The Commercial Storefront
- Ownership: Fee Simple
- Total actual rent: 20400
- Income includes: Shop Rentals
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