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Leased Mixed-Use Retail Building
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245 S Black Horse Pike, Mount Ephraim, NJ 08059

Two-level property combines first-floor retail with an upstairs apartment under separate lease terms.

Property Size8,192 SF
Days on Market5

Property Features for 245 S Black Horse Pike

General Information

Standard status Active
Size 8,192 SF
Property subtype RETAIL
Occupancy 100%

Site & Location

Traffic Count 22,000 vehicles/day
Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 1

Building Details

Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Wolf Commercial Real Estate, LLC/CORFAC International | New Jersey
Listed By: Corey Hassman
Source: Moodyscre
Added: Aug 7 Changed: Aug 10 Last Checked: Aug 10 at 7:24AM

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 Wolf Commercial Real Estate, LLC/CORFAC International | New Jersey

Investment Insights

Based on property information with market context.

This 8,192-square-foot mixed-use building combines a first-floor retail suite occupied by a dance studio with a second-floor residential apartment. The property is fully leased, with the retail tenancy having 7 years remaining on a 10-year lease term and the apartment occupied under a yearly lease.

Located at 245 S Black Horse Pike in Mount Ephraim, the building fronts a heavily traveled commercial corridor generating 22,000 VPD. Access to I-295, Route 30, and the New Jersey Turnpike supports convenient connections throughout the surrounding area.

Key Highlights

  • Fully leased mixed‑use building with retail and residential components
  • 8,192‑square‑foot building with a first‑floor dance studio and second‑floor apartment
  • Dance studio lease has 7 years left of 10 year term

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Parking Lot & Garage Dental Office Plumbing 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.

Lease Details

1
Residential units
22,000 VPD
Traffic count
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

435
Businesses Nearby
293k
Monthly Visits Nearby

Foot Traffic Nearby

Superstores 27% Apparel 22% Dining 21% Shops & Services 13%
Walmart Superstores
80,082 visits/mo 0.4 miles
ACME Markets Groceries
36,105 visits/mo 0.2 miles
Marshalls Apparel
35,031 visits/mo 0.4 miles
Chick-fil-A Dining
33,873 visits/mo 0.3 miles
Five Below Shops & Services
27,154 visits/mo 0.4 miles

Demographics for 08059, NJ

5,639
Population
2,408
Households
2.3
Avg Household Size
41
Median Age
24%
College-Educated
94%
High-School Grad
1.2 sq mi
ZIP Area
4,699
Density / Sq Mi
$95,635
Median Household Income
$55,574
Median Earnings
$1,458
Median Rent
$231,100
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level property combines first-floor retail with an upstairs apartment under separate lease terms.
Where is this mixed-use property located?
The property is located at 245 S Black Horse Pike Mount Ephraim, NJ.
What are key features of this property?
This property features: Fully leased mixed‑use building with retail and residential components; 8,192‑square‑foot building with a first‑floor dance studio and second‑floor apartment; Dance studio lease has 7 years left of 10 year term
(856) 261-5812 Call to check price and availability
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