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Lou & Ann's Deli/Cherry Blossoms Florist 251-257 Route 70 E 3,775 SF 100% Leased Retail Building Cherry Hill, NJ 08034 $1,150,000 ($304.64/SF)
INVESTMENT HIGHLIGHTS
- High traffic exposure, currently operating as a deli, florist and additional residential investment single family home. Central air, Gas heat
- Publilc Water & Sewer, approx. 3400 sq. ft combined, Brick exterior .25 acres with approximately 12 parking spaces (private & on street)
EXECUTIVE SUMMARY
Property sold as a bundle: 251 Rte 70E, Cherry Hill NJ; 257 Rte 70E, Cherry Hill NJ; 4 Brookmead Drive Cherry Hill, NJ
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Bulk/Portfolio Sale
Property Type
Retail
Property Subtype
Building Size
3,775 SF
Building Class
C
Year Built
1940
Price
$1,150,000
Price Per SF
$304.64
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
0.28 AC
Zoning
Commercial
Parking
6 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 09-00342-03-00003 | Improvements Assessment | $98,900 |
| Land Assessment | $197,400 | Total Assessment | $296,300 |
PROPERTY TAXES
Parcel Number
09-00342-03-00003
Land Assessment
$197,400
Improvements Assessment
$98,900
Total Assessment
$296,300
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Lou & Ann's Deli/Cherry Blossoms Florist | 251-257 Route 70 E
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