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    302 Erial Road

    PINE HILL, NJ 08021
    • $280,000
    • STATUS: Active
    • ON SITE: 217 days
    • ID#: NJCD402396
    UPDATED: 44 min ago
    $280,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1940
    County:

    School Ratings & Info

    Description

    302 Erial Road is a 2,076 SF single-story commercial building and is being sold as a package investment opportunity with 300 Erial Road, both centrally located in the Pine Hill Commercial Business District. These facilities are in the heart of a New Jersey Opportunity Zone and offer the potential for Capital Gains Deferment, Capital Gains Reduction, or even Capital Gains Elimination through the Camden County Opportunity Zones Program. This building is currently formatted as a TURN-KEY restaurant and has undergone a full rehabilitation that includes an extensive list of recent capital improvements. Its layout includes multiple dining areas, a fully equipped bar, a large kitchen with separate cleaning, preparation, and cooking areas, a back-office, three bathrooms (with ADA Compliance), a walk-in refrigeration/freezer room, ample storage, and even a keg room located in the basement. The adjoined building (300 Erial Road) being sold as a package with 302 Erial Road allows for immediate cash flow or even the potential opportunity of expanding the restaurant footprint by more than 2,000 additional square feet.

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-06T17:53:30.233.
    www.sunrisehomesalesteam.com/homes/110529428
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    302 Erial Road PINE HILL, NJ 08021

    • Price: $280,000
    • Status: Active
    • Updated: 44 min ago
    • ID#: NJCD402396
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1940
    Built
    Neighborhood:
    Pine Hill Boro (20428)
    County:
    Camden
    Area:
    Pine Hill Boro (20428)
    School District:
    Pine Hill Borough Board Of Education
    Property Description
    302 Erial Road is a 2,076 SF single-story commercial building and is being sold as a package investment opportunity with 300 Erial Road, both centrally located in the Pine Hill Commercial Business District. These facilities are in the heart of a New Jersey Opportunity Zone and offer the potential for Capital Gains Deferment, Capital Gains Reduction, or even Capital Gains Elimination through the Camden County Opportunity Zones Program. This building is currently formatted as a TURN-KEY restaurant and has undergone a full rehabilitation that includes an extensive list of recent capital improvements. Its layout includes multiple dining areas, a fully equipped bar, a large kitchen with separate cleaning, preparation, and cooking areas, a back-office, three bathrooms (with ADA Compliance), a walk-in refrigeration/freezer room, ample storage, and even a keg room located in the basement. The adjoined building (300 Erial Road) being sold as a package with 302 Erial Road allows for immediate cash flow or even the potential opportunity of expanding the restaurant footprint by more than 2,000 additional square feet.
    Exterior Features

    Construction Materials Brick Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

    Interior Features

    Building Area Total 2076.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 2076.00

    Property Features

    Accessibility Features Ramp - Main Level Assessment Year 2020 Association YN No Business Type Restaurant/Bar Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Electric Incorporated City Name Pine Hill Boro Lease Considered YN Yes Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 304290216771 Ownership Interest Fee Simple Possession Settlement Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 6624.00 Tax Assessment Amount 125600.00 Tax Lot 00009 01 Vacation Rental YN No Water Source Public Zoning Cbd Zoning Description Commercial Business District

    Listing courtesy of Procision Commercial Realty.


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Mackintosh Realty Inc. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-05-06T17:53:30.233.
     
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