Views
Listed By:
EXP Realty, LLC
Address
116 White Horse Pike, Chesilhurst, NJ
Price
$ 799,000
Property Attributes
  • MLS#NJCD2024234
  • TypeCommercial
  • CountyCAMDEN
  • CityChesilhurst
  • AreaChesilhurst Boro
  • Zip08089
  • StyleBanquet Facility/Lodge,Restaurant/Bar
  • Year Built1970
  • Taxes$ 8328
  • Price$ 799,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4000
  • Lot Size0.75 Acres
Data Source:
Bright MLS
Property Description

** Overview:** FOR SALE:**Comercial Building with all the existing equipment** This is a rare and unique opportunity to own a well-established and profitable pizza restaurant located at 116 White Horse Pike, Chesilhurst, NJ 08089. The business has been family-owned and fully operational for over 18 years, making it a trusted and beloved eatery in the local community. The package deal includes the property/building in a prime location, offering easy accessibility and high visibility to attract a steady stream of customers. Along with the pizza restaurant, the sale also includes a fully operational and furnished banquet facility, adding versatility and potential for additional revenue streams.** **Key Features:** 1. **Prime Location:** Situated on the bustling White Horse Pike, the restaurant benefits from a high-traffic area, ensuring a consistent flow of potential customers passing by. 2. **Established Reputation:** With 18+ years in operation, the pizza restaurant has earned a solid reputation for serving delicious pizza and providing excellent customer service. Positive reviews and a loyal customer base contribute to its continued success. 3. **Profitable Business:** The restaurant has a proven track record of profitability, making it a turn-key opportunity for aspiring entrepreneurs looking to step into the restaurant industry. 4. **Fully Equipped:** The restaurant comes with all the necessary equipment and fixtures, ensuring a smooth transition for the new owner. A well-equipped kitchen allows for efficient operations and the ability to cater to dine-in, takeout, and delivery orders. 5. **Banquet Facility:** The inclusion of a fully operational and furnished banquet facility opens doors to hosting private events, parties, and gatherings, increasing potential revenue streams. 6. **Newly Paved Parking Lot:** The property features a newly paved parking lot, ensuring ample space for customers' convenience and ease of access. 7. **Opportunity for Growth:** There is potential to expand the business further, such as exploring online ordering platforms, catering services, or introducing new menu items to attract a broader customer base. **Financials and Transition:** Serious buyers will have access to detailed financial records and the opportunity to observe the restaurant's daily operations. The current owner is willing to provide training and support during the transition phase to ensure a seamless handover and continued success. **Act Now:** Don't miss this turn-key opportunity to own a successful pizza restaurant business with a fully operational banquet facility in a prime location. Take the first step toward being your own boss and fulfilling your dream of entering the restaurant industry.

Price History
5/2/2023 Listed $1,299,000
10/23/2023 16% - $1,099,000
2/29/2024 28% - $799,000

General Features

Sewer Public Sewer
Heating Forced Air,Central
Cooling Central A/C
Utilities Electric Available,Multiple Phone Lines,Natural Gas Available,Cable TV,Cable TV Available,Phone,Phone Available,Phone Connected,Water Available
Possession Negotiable
Roof Shingle
Zoning COMMERCIAL
Security Features 24 hour security,Fire Detection System,Exterior Cameras,Electric Alarm
Construction Materials Vinyl Siding,Masonry
Year Built 1970
View Street,Trees/Woods
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Natural Gas
Business Type Banquet Facility/Lodge,Restaurant/Bar
Accessibility Level Entry - Main,Ramp - Main Level,2+ Access Exits,32 + wide Doors,No Stairs,Mobility Improvements
County CAMDEN
New Construction No
Property Type Commercial Sale
Possible Use Food & Beverage,Food Market,Restaurant,Retail
Water Access Y/N No
Property Use Owner User
Status ACTIVE
Directions Off of US 30
ModificationTimestamp 2024-04-23T18:53:11
City CHESILHURST
Buyer Agent Compensation 3
Disclosures Agent has Financial Interest
Total Units 2
MLS Area Chesilhurst Boro (20410)
Lot Size Square Feet 32804.00
Tax Assessed Value 225100.0
Waterfront Y/N No
Street Name WHITE HORSE
Tax Annual Amount 8328.0
Property Condition Very Good
Price Per Sq Ft 199.75
Acceptable Financing Cash,Other,Negotiable
Historic Y/N No
Lease Considered Y/N No
Vacation Rental Y/N No
Days on Market 734
Location Type Highway
Standard Status Active
Year Built Source Estimated
Tax Lot 1
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Natural Gas
Flooring Concrete,Ceramic Tile,Partially Carpeted
Hot Water Natural Gas
Total Stories 2
Heating Y/N Yes
Street Suffix PIKE
Central Air Y/N Yes
Total Restrooms 3
Entry Level 1

Exterior Features

Parking Features Handicap Parking,Lighted Parking,Paved Parking,Private,Security/Monitored
Lot Features Road Frontage
Water Source Well
Inclusions Building and the existing equipment only.
Total Parking Spaces 23
Type of Parking Parking Lot,On Street
Traffic Count 15000-19999
Water View Y/N No
Building Area Total 4000.00
Lot Size Acres 0.75
Lot Size Units Square Feet
Lot Size Source Estimated
Other Equipment See Remarks
Land Assessed Value 63700.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 20

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08089

Price
AVG $240K
$800K
Taxes
AVG $6,601
$8,328
Visits
AVG 183
890
Data Provided by Inside Real Estate®
Year Built
AVG 1908
1970

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