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    7 E Park Ave Merchantville, NJ 08109

    For Sale
    $39,900

    BusinessOpportunity - MERCHANTVILLE, NJ

    Type:Retail
    Days on Market:
    24
    Last Refresh:
    Dec 7 at 5:06 am

    Property Features for 7 E Park Ave

    General Information

    Property type
    Other
    Property subtype
    Retail
    Standard status
    Active
    Parking
    40
    Parking features
    Parking Lot, On Street

    Utilities

    Heating system
    Heat Pump (Heating), Forced Air, Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1945
    Building materials
    Block

    Keller Williams Realty - Medford (609) 654-5656 [email protected]

    Listing agent James L Moffa (609) 654-5656 License #901791

    Listing date Nov 14, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turn-Key BYOB Restaurant Opportunity

    This is an established, manageable, turn-key BYOB restaurant business opportunity. Park Place Cafe & Restaurant is an award-winning restaurant, offering a new owner the opportunity to purchase a fully built-out restaurant business. It includes an established and well-renowned name, a list of loyal repeat guests, a professionally designed website with a successful social media following, and all the equipment needed to immediately launch the business. The venue permits 30 seated patrons with additional sidewalk seating and plenty of parking. The restaurant has been featured in major publications and has received awards, including being voted 'Best of New Jersey' multiple times. This opportunity is suitable for a sous chef looking to take the next step or a chef wanting to express culinary ambitions. It is located in a small quaint town, 10 minutes from Philadelphia and a 5-minute drive to Collingswood, Haddonfield, or PATCO stations, with proximity to major highways. The low rent and favorable lease term are advantageous. The owner can accommodate a quick closing or allow the right buyer time with an extended settlement.
    Location Intelligence

    Current Use by Public Records

    Turn key restaurants

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Merchantville
    County
    Camden
    State
    New Jersey
    Longitude
    -75.04933929
    Latitude
    39.95124435

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    FAQs

    What type of property is this?
    Restaurant - Established turn-key restaurant business opportunity in Merchantville, NJ.
    Where is this restaurant located?
    The property is located at 7 E Park Ave Merchantville, NJ.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: - Turn-key, award-winning restaurant with established reputation, loyal clientele, and successful social media following.; - Fully built-out restaurant at a fraction of the cost of starting from scratch, including all equipment.; - Favorable lease terms and low rent for a venue with 30 indoor seats plus sidewalk seating and ample parking.
    (609) 654-5656
    Request Owner's contact information
    7 E Park Ave Merchantville, NJ 08109
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    Merchantville, NJ 08109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7 E Park Ave Merchantville, NJ 08109
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