Merchantville, NJ 08109 47 S Centre Street

47 S Centre Street Merchantville, NJ - Image 147 S Centre Street Merchantville, NJ - Image 247 S Centre Street Merchantville, NJ - Image 3
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Presented By: Keller Williams Realty
  • MLS# NJCD2085060
  • 01/23/2025
  • Request Tour
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  • SQFT • 2,500

Home Details

Excellent Investment Opportunity: Commercial Building for Sale in the 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. There is a full basement with plenty of storage space a walk-in refrigerator and a walk-in freezer. 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.
Presented By: Keller Williams Realty

Interior Features for 47 S Centre Street

Bathrooms

Total Restrooms2

Other Interior Features

Central Air Y/NYes
Heating FuelNatural Gas, Electric
Heating Y/NYes
Hot WaterNatural Gas

General for 47 S Centre Street

Acceptable FinancingCash, Conventional
Accessibility36 + wide Halls
Business TypeRestaurant/Bar
Cap Rate6.00
CityMERCHANTVILLE
Construction MaterialsBlock
Cool FuelElectric
CoolingCentral A/C
CountyCAMDEN
DirectionsCorner of Main Street & Centre Street
DisclosuresNone
ExclusionsRestaurant Business Assets, Furniture, Fixtures, Equipment, And inventories.
HeatingCentral
Lease Considered Y/NNo
Lot Size Square Feet4230.00
Lot Size UnitsSquare Feet
MLS AreaMerchantville Boro (20424)
ModificationTimestamp2025-04-18T17:15:30
MunicipalityMERCHANTVILLE BORO
New ConstructionNo
Number Of Units Total
OwnershipFee Simple
PossessionImmediate
Price Per Sq Ft Total AG171.6
Property ConditionVery Good
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusACTIVE
Subdivision NameMERCHANTVILLE BORDER
Tax Annual Amount10551.0
Tax Assessed Value198000.0
Tax Lot00008 01
Tax Year2024
Total Actual Rent37200.00
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1880
Year Built SourceEstimated
ZoningCOMMERCIAL

Exterior for 47 S Centre Street

Building Area Total2500.00
Car Parking Spaces5
InclusionsBuilding witht he commercial lease.
Land Assessed Value58800.00
Land Use Code
Lot Dimensions90.00 x 47.00
Lot Size Acres0.10
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Navigable Water Y/NNo
Total Loading Docks0
Total Parking Spaces5
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo

Additional Details

Price History

Rachel Shepherd

Price $429,000
MLS#NJCD2085060
List Date 01/23/2025
Property Type Commercial
Phone 703.929.4729
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