219 W Camden Ave

Investment Highlights

High Traffic Densely Populated Area Centrally Located By Route 73 Has 2 Driveway Access on Busy County Road The Camden Ave Corridor From Lenola Road to Route 73 Is undergoing Redevelopment That will be Completed By Summer 2023 Zoned Lenola Town Center With Many Available Uses Including Restaurant, Brewery, and Distillery Currently Operates As Restaurant And Can Continue As Restaurant Or Can Be Purchase For Redevelopment Adjacent Property Available For Purchase As Well To Add Add to Size & Frontage Of Parcel

Executive Summary

Excellent opportunity and location located in Moorestown right off route 73. The corridor that property is located has undergone a complete revitalization project that is almost complete with new roads, sidewalks, landscaping, etc. The local government has also targeted this area for redevelopment by recently by designating the area in need of " rehabilitation".. This allows the local government to offer long term tax abatements for improvements by property owners. This is a densely populated area that is experiencing an influx of building and redevelopment in 2023. Property layout is unique with multiple buildings, well maintained equipment and refrigeration. Unlimited business opportunities for this location. Current business operation at site and its employees are unaware of future potential sale so we ask for discretion and all contact will be through primary contact listed.

• Sale Type    Investment
• Sale Condition    Redevelopment Project
• Property Type    Retail
• Property Subtype    Restaurant Restaurant Flex Light Manufacturing General Retail Fast Food General Retail Storefront Retail/Office Restaurant
• Building Size    2,745
• Building Class    C
• Year Built    1950
• Price    725,000
• Price Per SF    264
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.19
• Land Acres    0.34 AC

• Bus Line
• Signage