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    Mixed-Use Property with Restaurant Space
    Updated: May 11
    Mixed-Use Property with Restaurant Space

    24 S Centre Street S, Merchantville, NJ 08109

    $799,000
    3,248 sqft 0.08 AC lot
    3,248‑square‑foot mixed‑use property on a 0.0826‑acre parcel
    B‑1 zoning with restaurant and residential components
    First‑floor dining area, commercial kitchen, prep area, and two ADA‑compliant restrooms
    Two‑bedroom upper‑level apartment with stainless steel kitchen appliances
    Full basement, rooftop HVAC, and commercial ventilation system
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    This listing looks promising.

    Here's a quick look at some key insights for

    24 S Centre Street S, Merchantville, NJ 08109

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    • Est. Cap Rate

      5.1%
      NOI ÷ price

    • Est. NOI

      $41K
      Annual

    • Mortgage

      $289K
      Sep 2021

    • Last Sold

      Sep 2021
      $445K
    View Property Analytics
    Mixed-Use Property in Merchantville
    Updated: May 11
    Mixed-Use Property in Merchantville

    24 S Centre Street S, Merchantville, NJ 08109

    $799,000
    3,248 sqft
    Mixed‑use property in Merchantville's downtown district offering both commercial and residential income potential.
    First floor equipped for restaurant use with a spacious dining area, commercial kitchen, prep area, and ADA‑compliant restrooms.
    Spacious 2‑bedroom residential apartment on the upper level with stainless steel appliances.
    Rooftop HVAC and commercial ventilation systems already installed for restaurant operations.
    Full basement provides ample storage or additional operational space.
    View details
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Merchantville, NJ, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Starbucks Drive-Through Restaurant
    Starbucks Drive-Through Restaurant

    2501 Merchantville Ave, Pennsauken, NJ 08110

    $2,655,000
    2,200 sqft

    New-construction restaurant asset at 2501 Merchantville Ave in Pennsauken, New Jersey.

    View details
    Pennsauken Retail Opportunity For Sale
    Pennsauken Retail Opportunity For Sale

    5714 Westfield Ave, Pennsauken, NJ

    Contact for pricing
    3,058 sqft 0.32 AC lot

    Vacant retail property with drive-thru in Pennsauken, New Jersey.

    View details
    Restaurant Property with Two Addresses
    Restaurant Property with Two Addresses

    2727 & 2729 E ALLEGHENY AVENUE, Philadelphia, PA 19134

    $460,000

    For sale restaurant property offering two street addresses, suited for food service operators seeking a flexible setup.

    View details
    Six-Hundred-Seat Bar and Nightclub
    Six-Hundred-Seat Bar and Nightclub

    215472 Bridge Street, Philadelphia, PA 19124

    $3,500,000
    15,213 sqft

    Versatile bar and nightclub with two ballrooms, two on-premise commercial kitchens, and multiple event-ready lounge and office spaces.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    RC&S-Zoned Commercial Land
    RC&S-Zoned Commercial Land

    202 N BROADWAY, Gloucester City, NJ 08030

    $45,000
    0.08 AC lot

    Vacant commercial parcel with RC&S zoning near neighboring businesses and I-76.

    View details
    CMX2 Commercial Land
    CMX2 Commercial Land

    426 W YORK Street, Philadelphia, PA 19133

    $79,900
    0.02 AC lot

    Vacant parcel with zoning supporting offices, retail, restaurants, educational facilities, and other commercial uses.

    View details
    CMX2 Commercial Land
    CMX2 Commercial Land

    2002 GERMANTOWN Avenue, Philadelphia, PA 19122

    $100,000
    0.02 AC lot

    Vacant CMX2-zoned parcel supporting varied residential and commercial uses.

    View details
    Highway Commercial Business Parcel
    Highway Commercial Business Parcel

    1531 BLACKWOOD CLEMENTON Road, Blackwood, NJ 08012

    $295,000
    2.80 AC lot

    Irregularly shaped commercial parcel with an existing 3BR/2BA home and highway commercial zoning, positioned for approved retail or business use.

    View details

    Merchantville, NJ Restaurants Market Trends and Statistics

    Explore 2 restaurants for sale in Merchantville, NJ on our real estate platform. These investment opportunities span a total of 6,496 square feet of properties for sale, with an estimated market value of $1,598,000.

    Sale prices for restaurant properties in Merchantville, NJ average $799,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Commercial kitchens 1

    Demographics Overview

    Population 24K
    Population Growth (5Y) +7.2%
    Median Household Income $84,332
    College Educated 36.0%

    High-Yield Neighborhoods for Investment

    Identify Merchantville submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    08109 $799K

    Taxes & Financing

    Tax Rate (average for all types) 4.12%
    Property Tax per SF $25.86 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Camden County

    New Delisted

    Total CRE Inventory on Market (SF)

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