Address
302 Erial Road Pine Hill, NJ
Price
$ 280,000
Property Attributes
- MLS#NJCD402396
- TypeCommercial
- CountyCAMDEN
- CityPine Hill
- AreaPine Hill Boro
- Zip08021
- StyleRestaurant/Bar
- Year Built1940
- Taxes6624
- Price$ 280,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage2076
Listing Provided Courtesy Of:
Procision Commercial Realty
Data Source:
Bright MLS
Property Description
302 Erial Road is a 2,076 SF single-story commercial building and is being sold as a package investment opportunity with 300 Erial Road, both centrally located in the Pine Hill Commercial Business District. These facilities are in the heart of a New Jersey Opportunity Zone and offer the potential for Capital Gains Deferment, Capital Gains Reduction, or even Capital Gains Elimination through the Camden County Opportunity Zones Program. This building is currently formatted as a TURN-KEY restaurant and has undergone a full rehabilitation that includes an extensive list of recent capital improvements. Its layout includes multiple dining areas, a fully equipped bar, a large kitchen with separate cleaning, preparation, and cooking areas, a back-office, three bathrooms (with ADA Compliance), a walk-in refrigeration/freezer room, ample storage, and even a keg room located in the basement. The adjoined building (300 Erial Road) being sold as a package with 302 Erial Road allows for immediate cash flow or even the potential opportunity of expanding the restaurant footprint by more than 2,000 additional square feet.
| Price History | |
|---|---|
| 9/30/2020 | Listed $280,000 |
General Features
| Accessibility | Ramp - Main Level |
|---|---|
| Business Type | Restaurant/Bar |
| Construction Materials | Brick |
| Cool Fuel | Electric |
| Cooling | Central A/C |
| County | CAMDEN |
| Days on Market | 194 |
| Heating | Forced Air |
| MLS Area | Pine Hill Boro (20428) |
| New Construction | No |
| Ownership | Fee Simple |
| Possession | Settlement |
| Price Per Sq Ft | 134.87 |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Sewer | Public Sewer |
| Tax Annual Amount | 6624.0 |
| Tax Lot | 00009 01 |
| Tax Year | 2020 |
| Vacation Rental Y/N | No |
| Water Access Y/N | No |
| Zoning | CBD |
| Zoning Description | Commercial Business District |
Interior Features
| Central Air Y/N | Yes |
|---|---|
| Heating Fuel | Natural Gas |
| Heating Y/N | Yes |
| Hot Water | Electric |
| Total Restrooms | 3 |
Exterior Features
| Building Area Total | 2076.00 |
|---|---|
| Lot Dimensions | 77.50 x 200.00 |
| Lot Size Acres | 0.00 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 0.00 |
| Navigable Water Y/N | No |
| Type of Parking | Parking Lot |
| Water Oriented Y/N | No |
| Water Source | Public |
| Water View Y/N | No |
| Waterfront Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 08021
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