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308 White Horse Pike, Absecon, NJ 08201

$545,000

  • Sold
  • Closed
  • Commercial
308 White Horse Pike, Absecon, NJ 08201 View this property at 308 White Horse Pike, Absecon, NJ 08201
308 White Horse Pike Absecon NJ 08201

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Property Description

Incredible Investment/Owner User Opportunity- The offering includes a 6,000 SF, 162 seat Restaurant with an adjacent 1,600 SF Professional building and is ideally situated at the intersection of The White Horse Pike and Rt. 9 in Absecon providing high traffic counts and visibility. This prime restaurant location with 130+ feet of frontage on the White Horse Pike (Rt. 30) has over a dozen flagged motels and other local motels in the immediate area as well as being within close proximity to the AC Expressway/Garden State Parkway and AC Airport. The property is Bank Owned and being sold "AS IS".The restaurant offers an extensive commercial kitchen, pizza preparation/take out area, bar, main dining room with fireplace, vaulted room with
dance floor, and an upstairs banquet room. The kitchen includes 30+ linear feet of vented cooking area, various kitchen equipment.The professional building also offers the potential as an auxiliary restaurant related facility which shares some parking spaces with the restaurant

Full Property Details for 308 White Horse Pike

  • Sold For: $545,000
  • Taxes: $24,763 (2012)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 6150749
  • Added: 1, 795 day(s) ago

Property History

  • 308 White Horse Pike, Absecon, NJ
  • Sold at $545,000 on 11/25/13
  • Reduced to $685,000 on 8/15/13
  • Reduced to $789,000 on 5/21/13
  • Listed at $997,000 on 1/3/13

Location

  • Area: Absecon City
  • County: ATLANTIC

Utilities

  • Utility Description: Water Available, Sewer Available, Gas Available, Electricity Available, PhoneUtil

Structural Information

  • Roof: Pitched Roof, Shingle Roof
  • Square Feet: 7,600
  • Year Built: 2014

Lot Features

  • Lot Size (Acres): 0.75
  • Lot Dimensions: 131 x 125
  • Frontage: Boro/Township, State, US Hwy/Interstate
  • Zoning: COMM

Financial Considerations

  • Tax Amount: $24,763
  • Tax Year: 2012
  • Terms: Bank Owned/REO

Listed and Sold by Eagle Commercial Real Estate

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308 White Horse Pike, Absecon, NJ 08201 (MLS# 6150749) is a Commercial property that was sold at $545,000 on November 25, 2013. Want to learn more about 308 White Horse Pike? Do you have questions about finding other Commercial real estate for sale in Absecon? You can browse all Absecon real estate or contact a Coldwell Banker agent to request more information.

Listed and Sold by Eagle Commercial Real Estate