About this home

Exceptional opportunity to acquire 1-3 Hires Ave, offering multiple income-producing commercial and residential spaces in the heart of Salem's established downtown business district. Unlock the potential of this well-maintained brick multi-unit property offering both residential income and commercial flexibility. Perfect for investors and business owners, this property features two distinct units designed to maximize opportunity. The second-floor residential unit offers a comfortable 2-bedroom layout that is filled with charm and on the lower level, the commercial space is ready for your vision but is currently being utilized as a bakery. Whether you're looking to expand your investment portfolio or establish your business while collecting rental income, this property delivers flexibility, functionality, and strong potential in a convenient Carneys Point location. Endless possibilities await-don't miss this unique mixed-use opportunity!

Facts and features

Schools

• Salem Middle School

  elementary · 3-8 · 0.1 mi

  3

• Salem High School

  high · 9-12 · 0.9 mi

  5

• John Fenwick Elementary School

  elementary · K-2 · 0.3 mi

Price history

• Oct 13, 2026 · Listed$195,000

Where it is