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Key Details
Sold Price $250,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 2,995 sqft
Price per Sqft $83
MLS Listing ID NJCD2033458
Sold Date 12/05/22
Originating Board BRIGHT
Year Built 1965
Annual Tax Amount $11,980
Tax Year 2020
Lot Size 5,502 Sqft
Acres 0.13
Lot Dimensions 50.00 x 110.00
Property Description
The opportunities are endless for this unique commercial property located in Merchantville's up-and-coming Central Business District. Located just down the street from the popular Blue Monkey Tavern, adjacent to a thriving 55+ community, and along a heavily trafficked pedestrian pathway, this property is a blank slate just waiting for the right owner to snatch it up. Permitted principal uses include retail sales, physical fitness/yoga/martial arts studios, art studios, travel agencies, real estate offices, opticians, certain professional offices, restaurants, and banks. Maximize your investment by adding apartments above, or start fresh and build a senior citizen multifamily building. If you're just looking for cash flow, the current tenant operates a gym/yoga studio and would love to stay. Solidly built and priced to sell, this type of property doesn't come available very often, so move fast!
Location
State NJ
County Camden
Area Merchantville Boro (20424)
Zoning B-1 - CENTRAL BUS. DIST
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 2.0
Water Access N
Roof Type Flat
Accessibility Level Entry - Main, No Stairs, 2+ Access Exits
Total Parking Spaces 2
Garage N
Building
Lot Description Corner
Foundation Slab
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Merchantville Public Schools
Others
Tax ID 24-00022-00001
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with George King Jr. • Keller Williams Realty - Moorestown