Address
1409 Route 70 E Cherry Hill, NJ
Price
$ 99,000
Property Attributes
  • MLS#NJCD413066
  • TypeBusiness Op
  • CountyCAMDEN
  • CityCherry Hill
  • AreaCherry Hill Twp
  • NeighborhoodBARCLAY
  • Zip08034
  • StyleRestaurant/Bar
  • Year Built1970
  • Taxes$ 368833
  • Price$ 99,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1600
  • Lot Size12.24 Acres
Listing Provided Courtesy Of:
Keller Williams Realty - Cherry Hill
Data Source:
Bright MLS
Property Description

Well Established, independently owned quick-service restaurant, specializing in Vietnamese Food Pho noodle and rice dishes. Currently have thousands of customers in the database who can be marketed to on a continuous basis. Check out our FaceBook page to see it for yourself https://www.facebook.com/phobarclay. We have an E=commerce website and a mobile ordering App with ChowNow. Also working with Doordash, GrubHub, UberEats. The restaurant is 1600 square feet with seating for 55, outside seating for 12, and is situated along a heavily traveled main road. The restaurant is in a busy shopping center including Planet Fitness and Salad Works. A Super WaWa is set to be built in the coming months. The local area is well populated with a population of over 71000 people within a ten-mile radius. We have a transferable lease in place with attractive rent and an option to renew. Everything is in place to take over and take what has already been established and make it grow even more. Our long time employees are well trained, dependable and loyal. The lease is open for negotiation with the landlord. The owners are moving to Florida. All showing must show proof of fund. Welcome to schedule your showing.

Price History
2/10/2021 Listed $129,000
2/27/2021 16% - $109,000
3/21/2021 4% - $105,000
3/29/2021 6% - $99,000

General Features

Acceptable Financing Cash
Accessibility 36 + wide Halls
Business Type Restaurant/Bar
Construction Materials Frame
Cooling Central A/C
County CAMDEN
Current Use Restaurant
Days on Market 97
Heating Central, Forced Air
Leasable Area 1600
MLS Area Cherry Hill Twp (20409)
Municipality CHERRY HILL TWP
New Construction No
Possession Immediate
Price Per Sq Ft 61.88
Property SubType Retail
Property Type Business Opportunity
Property Use Owner User
PropertyCondition Excellent
Sewer Public Sewer
Subdivision Name BARCLAY
Tax Annual Amount 368833.0
Tax Lot 00041
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning COMMERCIAL
Zoning Description Restaurant

Interior Features

Central Air Y/N Yes
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Natural Gas
Total Restrooms 1

Exterior Features

Building Area Total 1600.00
Car Parking Spaces 650
Inclusions Restaurant Business assets, Furniture, Fixture & Equipment.
Lot Dimensions 0.00 x 0.00
Lot Size Acres 12.24
Lot Size Square Feet 533174.00
Navigable Water Y/N No
Total Parking Spaces 653
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Private/Community Water, Public
Water View Y/N No
Waterfront Y/N No

Amenities

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

Property vs Zip Code Average in 08034

Price
AVG $100K
$100K
Taxes
AVG $368,833
$368,833
Visits
AVG 47
46
Year Built
AVG 1970
1970
Walkscore
AVG 68
68
Data Provided by Walkscore ® not using MLS data

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