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Property profile & analytics
FOR SALE
Commercial real estate

24 S Center St S Merchantville, NJ 08109

3,248 SF Built 1957
Entity Owned 4-yr Hold
Property ID
US59-Q002988
24 S Center St S, Merchantville, NJ 08109 For Sale
$799,000 3,248 SF
24 S Center St S, Merchantville, NJ 08109
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Property summary
AI-generated overview

Located in the heart of Merchantville's downtown district, this versatile mixed-use property offers a great opportunity for investors and owner-operators. The first floor is set up for restaurant use and features a spacious dining area, commercial kitchen, prep area, and two ADA-compliant restrooms. Rooftop HVAC and commercial ventilation systems are already installed for restaurant operations. The property also includes a full basement, providing ample room for storage or additional operational use. The upper level offers a spacious residential apartment with 2 bedrooms, multiple living areas, kitchen equipped with stainless steel appliances. Conveniently situated near Cherry Hill, Collingswood, and Philadelphia, the property benefits from strong visibility, easy accessibility, and close proximity to shopping, dining, and major commuter routes. Ideal for owner-operators, mixed-use investors, or those seeking both residential and commercial income potential.

Property profile
Verified
Property type Commercial real estate
Year built 1957
Total area 3,248 SF
UPID US59-Q002988
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Yong Xing LLC · 4 yrs held
Yong Xing LLC
since 2021
2 recorded transactions
2021
$445,000
2019
$385,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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