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Two-Story Mixed-Use Building
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1 W Park Ave, Merchantville, NJ 08109

B-1 corridor property with an existing office configuration and ground-floor retail, upper-level office, or residential use potential.

Property Size11,000 SF
Days on Market144

Property Features for 1 W Park Ave

General Information

Standard status Active
Size 11,000 SF
Property subtype Mixed Use, Multifamily
Zoning B-1

Additional Details

Corner Location Yes

Building Details

Buildings 1
Stories 2
Listing Agency: Cooper Square Acquisitions
Listed By: Angad Guglani · License #324324251
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 6:07PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cooper Square Acquisitions

Investment Insights

Based on property information with market context.

This two-story mixed-use property contains over 11,000 square feet and is currently arranged for office occupancy. The floor plan can be divided into sections of 2,000 and 3,500 square feet, providing flexibility for multiple occupants or tailored commercial layouts.

Located at the corner of W Park Avenue and Centre Street in Merchantville, the building sits within a B-1 mixed-use zoning corridor. The district permits ground-floor retail, offices subject to street-level limitations, restaurants, banks, fitness studios, art studios, and apartments above other permitted uses. The existing office use is non-conforming, while the upper floor may accommodate office or residential use under the stated zoning framework.

Key Highlights

  • Over 11,000 square feet across 2 floors
  • Divisible into 2,000 and 3,500 square foot sections
  • Corner position at W Park Ave and Centre Streets

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage Dental Office Real Estate Agency Auto Parts Store Cafe & Coffee Shop Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

695
Businesses Nearby

Demographics for 08109, NJ

23,306
Population
9,314
Households
2.5
Avg Household Size
41
Median Age
27%
College-Educated
86%
High-School Grad
4.8 sq mi
ZIP Area
4,855
Density / Sq Mi
$84,332
Median Household Income
$44,288
Median Earnings
$1,142
Median Rent
$227,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - B-1 corridor property with an existing office configuration and ground-floor retail, upper-level office, or residential use potential.
Where is this mixed-use property located?
The property is located at 1 W Park Ave Merchantville, NJ.
What are key features of this property?
This property features: Over 11,000 square feet across 2 floors; Divisible into 2,000 and 3,500 square foot sections; Corner position at W Park Ave and Centre Streets
More about this property
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