This exceptional cafe space, located at 7411 Maple Ave in Pennsauken Township, NJ 08109, offers a unique opportunity for a discerning restaurateur. The space, part of a newly renovated 15,000 square foot multi-use building, boasts a flexible layout ranging from 800 to 1600 square feet of indoor space. The building is home to over 35 other small businesses and entrepreneurs, creating a built-in community. A significant advantage is the inclusion of a covered outdoor patio, extending usable space and providing three-season seating. Convenient basement storage and prep areas are also available. Situated on a heavily trafficked section of Maple Avenue, this location benefits from high visibility and easy access. Its proximity to the Cherry Hill Mall (approximately one mile away) further enhances its appeal. The building's stylish, modern design creates a vibrant and exciting atmosphere, unlike any other cafe space in the area. This is a chance to establish a thriving business in a dynamic and supportive environment.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$8,878,830
6.5%
$8,195,840
7%
$7,610,420
Comparable approach
Method
Valuation
Relative Method
$4,507,770
Geo Method
$4,507,770
Alternative Use
Use
Valuation
Industrial / Distribution
$15,438,300
Retail / Commercial
$8,053,210
Mixed-Use / Specialty
$8,132,090
Hospitality / Lodging
$6,106,330
Office
$8,195,840
Institutional / Educational
$8,492,550
Residential Income
$9,936,280
Multifamily
$11,320,600
Automotive / Energy
$7,279,330
Parking / Income-Based Land
$2,405,710
Restaurant / Food Service
$4,459,180
Healthcare / Senior Housing
$8,228,980
Location Insight
City
Pennsauken
County
Camden
State
New Jersey
Latitude
39.9525
Longitude
-75.0324
CBSA code
37980
CBSA name
PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Maple Ave Pennsauken Township, NJ 08109
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
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