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

Price
AVG $250K
$280K
Taxes
AVG $13,064
$6,624
Visits
AVG 113
123
Year Built
AVG 1956
1940
Walkscore
AVG 43
44
Data Provided by Walkscore ® not using MLS data

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