219 W Camden Ave
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219 W Camden Ave
2,745 SF Retail Building Moorestown, NJ 08057 $1,027,666 CAD ($374 CAD/SF)
Investment Highlights
- High Traffic Densely Populated Area Centrally Located By Route 73.
- Has 2 Driveway Access on Busy County Road.
- The Camden Ave Corridor From Lenola Road to Route 73 Is undergoing Redevelopment That will be Completed By Summer 2023.
- Zoned Lenola Town Center With Many Available Uses Including Restaurant, Brewery, and Distillery.
- Currently Operates As Restaurant And Can Continue As Restaurant Or Can Be Purchase For Redevelopment.
- Adjacent Property Available For Purchase As Well To Add Add to Size & Frontage Of Parcel.
Executive Summary
Excellent opportunity and location located in Moorestown right off route 73. The corridor that property is located has undergone a complete revitalization project that is almost complete with new roads, sidewalks, landscaping, etc. The local government has also targeted this area for redevelopment by recently by designating the area in need of " rehabilitation".. This allows the local government to offer long term tax abatements for improvements by property owners. This is a densely populated area that is experiencing an influx of building and redevelopment in 2023. Property layout is unique with multiple buildings, well maintained equipment and refrigeration. Unlimited business opportunities for this location. Current business operation at site and its employees are unaware of future potential sale so we ask for discretion and all contact will be through primary contact listed.
Data Room Click Here to Access
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
2,745 SF
Building Class
C
Year Built/Renovated
1950/2000
Price
$1,027,666 CAD
Price Per SF
$374 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Land Acres
0.34 AC
Zoning
Center Zone - Lenola Town Center Zone. Current Approved Use As Eat In & Take Out Restaurant. Brewery & Distillery Conditional Approved Use By Planning Board.
Parking
19 Spaces (6.92 Spaces per 1,000 SF Leased)
Frontage
100 ft on W Camden Ave
Amenities
- Pylon Sign
- Restaurant
- Signage
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 22-01100-0000-00010 | Improvements Assessment | $181,669 CAD |
| Land Assessment | $190,788 CAD | Total Assessment | $372,457 CAD |
PROPERTY TAXES
Parcel Number
22-01100-0000-00010
Land Assessment
$190,788 CAD
Improvements Assessment
$181,669 CAD
Total Assessment
$372,457 CAD
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219 W Camden Ave
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