Merchantville, NJ 08109 7 E Park Avenue

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Presented By: Keller Williams Realty - Marlton
  • MLS# NJCD2079394
  • 11/14/2024
  • Request Tour
  • Request Info
  • SQFT • 1,000

Home Details

Step into an established, small & manageable, turn-key BYOB restaurant business opportunity. Park Place Cafe & Restaurant is an award-winning restaurant offering a new owner the opportunity to purchase a fully built-out restaurant business at a fraction of the cost when compared to starting from scratch! Available with everything in place for your continued success - an established & well renowned, award-winning name, the steadfast list of loyal repeat guests, a professionally designed website with a very successful social media following and all the equipment included to immediately launch your own business! Continue to easily market through the established media sites, connecting with the loyal clientele who have you bookmarked for watching menu changes and happenings; add your own sphere for more exposure! You can choose to put your personal touches on the decor, create the menu that youve dreamed about, all with the support of a high-profile name and outstanding reputation in the culinary restaurant business. Park Place Cafe & Restaurant has had multiple stories written in major publications, along with awards for being voted Best of New Jersey multiple times! Youll find this a perfect fit for any sous chef looking to take that next step or the chef that wants to express his or her culinary ambitions. A rare find in a small quaint town just 10 minutes from Philadelphia and 5-minute drive to Collingswood, Haddonfield or PATCO stations, close to many major highways. The owner can accommodate a quick closing or allow the right buyer time with an extended settlement. Low rent & favorable lease term continues on a venue that permits 30 seated with additional sidewalk seating and plenty of parking. Everything is in place, allowing you to step in Day 1 to begin your path to success! Call for a private tour.
Presented By: Keller Williams Realty - Marlton

Interior Features for 7 E Park Avenue

Bathrooms

Total Restrooms1

Other Interior Features

SeatingCapacity30
Central Air Y/NYes
FlooringEngineered Wood, Tile/Brick, Vinyl
Heating FuelNatural Gas
Heating Y/NYes
Hot WaterNatural Gas
Number of Elevators
Total Stories1

General for 7 E Park Avenue

Acceptable FinancingCash, Conventional
Accessibility32 + wide Doors
Association Recreation FeeN
Building FeaturesFire Alarm, Display Window, Exhaust System, Oven/Range(s), Private Restrooms, Refrigerator(s), Shelving
Business NamePark Place Cafe & Restaurant
Business TypeRestaurant/Bar
CityMERCHANTVILLE
Construction MaterialsBlock
Cool FuelElectric
CoolingCentral A/C
CountyCAMDEN
Current UseRestaurant
DirectionsWest on Route 38, on Chaple Ave W., Bear Slightly Left on S. Centre Street, Left on Park Place.
DisclosuresUse and Occupancy Permit, Sell Entirely
Electric200+ Amp Service
HeatingProgrammable Thermostat, Heat Pump - Electric BackUp, Forced Air
Historic Y/NNo
Leasable Area1000
Lease Amount1624.00
Lease Amount FrequencyMonthly
Lease Considered Y/NYes
Location TypeDowntown
Lot Size Square Feet0.00
Lot Size UnitsSquare Feet
MLS AreaMerchantville Boro (20424)
ModificationTimestamp2025-01-24T11:46:08
MunicipalityMERCHANTVILLE BORO
New ConstructionNo
Number of Units Leased1
OwnerPaysSewer, Water
Possession31-60 Days CD, 61-90 Days CD, 90-120 Days CD, Settlement, Other, Negotiable
Price Per Sq Ft Total AG124.9
Property SubtypeRetail
Property TypeBusiness Opportunity
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Tax Annual Amount7764.0
Tax Assessed Value145700.0
Tax Lot00029
Tax Year2024
TransportationCommuter Rail Station 1 to 5 miles, Commuter Lots less than 5 miles, Airport less than 10 miles
UtilitiesAbove Ground, Cable TV Available, Natural Gas Available, Phone Available, Water Available, Sewer Available, Cable TV, Electric Available
Vacation Rental Y/NNo
ViewStreet
Water Access Y/NNo
Waterfront Y/NNo
Year Built1945
Year Built SourceEstimated
ZoningB-1 CENTRAL BUSINESS

Exterior for 7 E Park Avenue

Building Area Total1000.00
Car Parking Spaces40
Foundation DetailsSlab
InclusionsTotal Contents excluding Personal Belongings. See Furniture, Fixtures and Equipment Inventory List.
Land Assessed Value32400.00
Land Use Code
Lot Dimensions26.00 x 0.00
Lot FeaturesLevel, Road Frontage
Lot Size Acres0.00
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Other EquipmentSee Remarks
Parking FeaturesPublic, Paved Parking, Lighted Parking
Road Frontage Length26
Road ResponsibilityCity/County
Road Surface TypePaved
Total Loading Docks0
Total Parking Spaces40
Type of ParkingOn Street, Other, Parking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $124,900
MLS#NJCD2079394
List Date 11/14/2024
Property Type Business Op
Phone 703.929.4729
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