47 S Centre St - Restaurant FOR SALE


Merchantville, NJ 08109
$429,000 USD
215-327-1722
47 S Centre St, Merchantville, NJ for Sale
$429,000 USD
Restaurant - FOR SALE
1/14
null | 5.66% Cap Rate

47 S Centre St
Merchantville, NJ 08109


HIGHLIGHTS

  • Heavy Daytime traffic
  • Parking lot
  • Great Investment

OVERVIEW

Excellent Investment Opportunity: Commercial Building for Sale in Heart of Merchantville. This commercial building enjoys a highly visible position in the heart of bustling Merchantville, ensuring maximum exposure to potential customers. The current tenant, a well-established Japanese restaurant, has a 5-year lease with an option to renew, providing stable and consistent income. The building features a dedicated parking lot, offering ample and convenient parking for both customers and staff. Enter into an inviting dining room, complete with a sushi bar. A full bathroom and a well-equipped commercial kitchen are located towards the rear of the building. Stairs lead to additional dining space upstairs, accompanied by a bathroom and a dedicated preparation room. This property presents a strong investment opportunity with a stable income stream and the potential for future appreciation in a thriving location. To schedule a viewing, please provide proof of funds. Please do not disturb employees during business hours.

FOR SALE DETAILS

PRICE

$429,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

5.66%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1883

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.02 AC

LAND SF

1,021 SF

ZONING

Commercial

APN/PARCEL ID

24-00033-0000-00008-01

ASK ABOUT THIS PROPERTY

Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

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Paul ChengKeller Williams Cherry HillMore Info
215-327-1722

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.