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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 $1,650,000 ($437/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
Freestanding
Building Size
3,775 SF
Building Class
B
Year Built
1940
Price
$1,650,000
Price Per SF
$437
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Land Acres
0.28 AC
Zoning
Commercial
Parking
6 Spaces (1.59 Spaces per 1,000 SF Leased)
Frontage
109 FT on Brookmead Dr

Amenities

  • Pylon Sign
Walk Score ®
Very Walkable (70)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

MOM's - My Organic Market
Bank of America
9Round
CKO Kickboxing
Whole Foods Market
Planet Fitness
Starbucks
My Gym
Saladworks
Truist

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-00342-03-00003
Land Assessment
$197,400
Improvements Assessment
$98,900
Total Assessment
$296,300
  • Listing ID: 31948407

  • Date on Market: 5/29/2024

  • Last Updated:

  • Address: 251-257 Route 70 E, Cherry Hill, NJ 08034

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