1351 Black Horse PikeMonroe, NJ 08094

Property Details for 1351 Black Horse Pike

Lot size

4.70 AC

Property type

Other commercial real estate

APN

11 00701-0000-00015

APU

1100701000000015

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $67,744,224

  Hospitality

  $62,053,348

  Educational

  $51,627,656

  Medical

  $53,403,212

  Retail

  $80,309,688

Location Insight

City

Williamstown

County

Gloucester

State

New Jersey

Latitude

39.7049

Longitude

-75.0104

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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