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$800,000
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Property Description
Prime commercial opportunity at 116 White Horse Pike in Chesilhurst. The property is located in an area where the Borough has approved cannabis-related uses under the recently adopted cannabis zoning resolution, creating a unique opportunity for cannabis operators or investors seeking entry into the expanding New Jersey cannabis market. The building is currently vacant and available for immediate repositioning or redevelopment. A licensed cannabis operator associated with this location has expressed interest in operating from the property and is currently seeking an investor to purchase the building and lease it for a cannabis operation. This presents a potential sale-leaseback opportunity for investors. Excellent visibility and access along White Horse Pike with strong potential for cannabis retail, cultivation, or other permitted commercial uses, subject to local licensing and regulatory approvals. Ideal opportunity for cannabis investors, operators, or developers seeking a strategic location in Camden County.
Full Property Details
Full Property Details for 116 White Horse Pike
General
- Price: $800,000
- Taxes: $10,161 (2025)
- Status: Active
- Type: Commercial Service
- Source: BrightMLSPhilly
- MLS ID: NJCD2024234
- Updated: 3/6/2026
- Added to Site: 1, 434 day(s) ago
Business
- Business Type: Banquet Facility/Lodge, Restaurant/Bar
Interior
- Flooring: Concrete, Ceramic Tile, Partially Carpeted
Rooms
Bathrooms
- Restrooms: 3
Additional Information
- Security/Safety: 24 hour security, Fire Detection System, Exterior Cameras, Electric Alarm
- Equipment: See Remarks
Parking
- Total Spaces: 23
- Parking Features: Handicap Parking, Lighted Parking, Paved Parking, Private, Security/Monitored
- Parking Type: Parking Lot, On Street
Location
- Area: Chesilhurst Boro (20410)
- Municipality: CHESILHURST BORO
- County: CAMDEN
- Driving Directions: Off of US 30
- Traffic Count: 20000-29999
- Location Details: Highway
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Natural Gas
- Heating Type: Forced Air, Central
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Well
- Utility Description: Electric Available, Multiple Phone Lines, Natural Gas Available, Cable TV, Cable TV Available, Phone, Phone Available, Phone Connected, Water Available
Structural Information
- Construction: Vinyl Siding, Masonry
- Roof: Shingle
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 4000
- Year Built: 1970
- Year Built Source: Estimated
- Property Condition: Very Good
Unit Information
- # Tenants: Single
Lot Features
- Property View: Street, Trees/Woods
- Lot Size (Acres): 0.75
- Lot Size (Sq. Ft.): 32,804
- Lot Size Source: Estimated
- Zoning: COMMERCIAL
- Lot Description: Road Frontage
Financial Considerations
- Price Per Sq. Ft.: $200
- Assessment Year: 2025
- Tax w/Assessment: $225,100
- Tax Amount: $10,161
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
- Inclusions: Building with the existing equipment.
- Lot Number: 1
Listed by EXP Realty, LLC, Gulmufer Ali
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Price & Sales History for 116 White Horse Pike
Date
Details
Price
Change
Source
3/26/2025
Price Increased
$800,000
0.13%
MLS
2/29/2024
Price Reduced
$799,000
-27.3%
MLS
10/22/2023
Price Reduced
$1,099,000
-15.4%
MLS
5/01/2023
Price Reduced
$1,299,000
-7.15%
MLS
7/12/2022
Price Reduced
$1,399,000
-6.73%
MLS
4/21/2022
Listed
$1,499,990
455.55%
MLS
6/02/2005
Sold
$270,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 116 White Horse Pike
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,905
3%
$215,100
-4%
2023
$8,657
4%
$225,100
—
2022
$8,329
3%
$225,100
—
2021
$8,061
3%
$225,100
—
2020
$7,827
-11%
$225,100
-13%
2018
$8,771
2%
$258,200
—
2017
$8,567
3%
$258,200
—
2016
$8,278
1%
$258,200
—
2015
$8,164
-7%
$258,200
—
2019
$8,812
14%
$258,200
—
2013
$7,743
—
$258,200
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 116 White Horse Pike
116 White Horse Pike, Chesilhurst, NJ 08089 (MLS# NJCD2024234) is a Commercial Service property. 116 White Horse Pike is currently listed for $800,000 and was received on April 21, 2022. Want to learn more about 116 White Horse Pike? Do you have questions about finding other Commercial Service real estate for sale in Chesilhurst? You can browse all Chesilhurst real estate or contact a Coldwell Banker agent to request more information.

