24 S Center St S Merchantville, NJ 08109
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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