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    116 White Horse Pike Chesilhurst, NJ 08089

    For Sale
    $799,000

    High-traffic location, fully equipped, cannabis-friendly.

    Property size:
    4,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 4,000 square foot retail building, situated on a 0.75-acre lot at 116 White Horse Pike in Chesilhurst, New Jersey, presents a unique investment opportunity. Currently operating as a successful pizza restaurant, this turnkey property boasts a fully equipped kitchen and dining area, ready for immediate use. The included banquet facility offers additional revenue streams through private events and catering. The property's cannabis-friendly zoning opens doors to a wide range of potential uses beyond its current configuration. A newly paved parking lot ensures ample customer parking. The high-traffic location on White Horse Pike guarantees excellent visibility and consistent foot traffic, maximizing potential for success. The existing equipment and established infrastructure minimize start-up costs and allow for a seamless transition for new owners. Opportunities for expansion include catering services, online ordering, or adding new menu items to the existing restaurant operation. This property offers a rare combination of established business infrastructure, prime location, and flexible zoning, making it an ideal investment for entrepreneurs seeking a profitable venture with significant growth potential. Priced at $799,000.

    Property Features for 116 White Horse Pike

    General Information

    Property type
    Retail properties
    Square Feet
    4,000 SF
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1970
    Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Dental Office Building Supply Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Skin Care Clinic Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Chesilhurst
    County
    Camden
    State
    New Jersey
    Longitude
    -74.86929
    Latitude
    39.73509

    Nearby Comparable

    • $800,000
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      Chesilhurst Commercial Building For Sale

      Standalone retail property with high visibility and cannabis-friendly zoning.
      116 White Horse Pike, Chesilhurst, NJ 08089
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      Bar and Apartment Investment Opportunity

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    • $299,000
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      Former Restaurant/Bar on Large Lot

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    Nearby Similar for Sale

    • $800,000
      0.75 Acres

      Chesilhurst Commercial Building For Sale

      Standalone retail property with high visibility and cannabis-friendly zoning.
      116 White Horse Pike, Chesilhurst, NJ 08089
      View Details

    FAQs

    What type of property is this?
    Retail property - High-traffic location, fully equipped, cannabis-friendly.
    Where is this retail property located?
    The property is located at 116 White Horse Pike Chesilhurst, NJ.
    What is the asking price?
    The asking price for this property is $799,000.
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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
    116 White Horse Pike Chesilhurst, NJ 08089
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