For Sale
$1,750,000

1351 Black Horse PikeMonroe, NJ 08094

17,710 SF Restaurant/Storefront

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 17,710-square-foot commercial property, located at 1351 N Black Horse Pike in Monroe, New Jersey (08094), presents a remarkable investment opportunity. Boasting 250 feet of prime frontage on the Black Horse Pike, this Class A, fee-simple property sits on a 4.71-acre lot and includes a well-maintained 225-space parking lot. Built in 1973, the building features a newer rubber membrane flat roof (2021) and six newer roof-mounted package AC units. Interior highlights include updated guest bathrooms and banquet rooms, a 19x39 updated lobby, two large banquet rooms (each with its own bar), a 26x26 kitchen area with two walk-in refrigerators, two storage rooms, a game room, an upper-level guest room with a bathroom, another office, attic space, and a 900-square-foot basement. The property also benefits from a 600-amp 3-phase electrical system with a backup generator and an Ansul fire suppressant system in the kitchen. Professional landscaping enhances the curb appeal. Currently zoned C, this versatile property offers a wide array of potential uses beyond its previous function as a meeting/banquet hall. The asking price is $1,750,000 ($98.81 per square foot). This is a rare chance to acquire a significant commercial property with exceptional visibility and ample parking in a desirable location.

Highlights

  • 17,710 SF commercial building on a 4.71-acre lot in Monroe, NJ (08094), with 250 feet of Black Horse Pike frontage.
  • Class A fee-simple property with a newer rubber membrane roof (2021) and six new roof-mounted AC units.
  • Features include a 225-space parking lot, updated bathrooms and banquet rooms, and a 600-amp 3-phase electrical system with a backup generator.
  • The building also includes a large kitchen, multiple storage rooms, and a 900 SF basement.
  • Zoned C, offering versatile use options; asking price: $1,750,000 ($98.81/SF).

Property Details for 1351 Black Horse Pike

Property type
Retail properties, Restaurants
Square Feet
17,710 SF
Class
A
Year Built
1973
Buildings
1
Lot Size (sq. ft)
205,168 SF

Location Insight

City
Monroe
County
Gloucester
State
New Jersey
Latitude
39.705597105744
Longitude
-75.009213739196
1351 Black Horse Pike, Monroe, New Jersey

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1351 Black Horse Pike
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