request_info_guest false

47 S Centre St

$429,000

47 S Centre St, Merchantville, Nj 08109

Active
Last Updated: 02/08/2025

6

Cap Rate

2,500 sqft

Building Size

Details:
Cap Rate:    6%
Building Size:    2,500 sqft
Year Built:    1880
Price Per Sqft:    $171.60
Zoning:    COMMERCIAL
Highlights:
  • Days on Market: 17
  • Heating: Central
Description:

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.

Map:
Location
Gallery