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1820 Rt 70 W

1.01 Acres of Commercial Land in Cherry Hill, NJ 08002

Investment Highlights

  • Outstanding visibility on heavily traveled Route 70 West at Mercer St.
  • Join national retailers such as Wegmans, Dicks Sporting Goods, Home Depot, Nordstrom Rack, DSW, Bed Bath and Beyond, and many more.
  • On the corner at Route 70 West and Mercer Street
  • Ideal for fast food, retail, urgent care or gas/convenience, car wash, New Car Auto Dealership. B-2 Zoning
  • Excellent Traffic counts and demographics.

Executive Summary

This lot is also available for 10 year NNN lease with Acceptable Corporate Guarantee.

Property Facts

Sale Type Investment
Sale Conditions Development Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 1.01 AC

1 Lot Available

Lot 11 & 12

Lot Size 1.01 AC

Development site located in Cherry Hill's most desirable retail zone the Golden Triangle. Route 70 at Mercer Street. 70,000 CPD Front lot Former Gas station .5 acre, rear lot former Restaurant over flow Parking .5 acre, Total 1.01 Acre,

Description

Located at 1820 Route 70 West in Cherry Hill, NJ, this prime 1.01-acre development site offers a rare opportunity in the highly sought-after Golden Triangle retail zone. Positioned at the intersection of Route 70 and Mercer Street, this property benefits from impressive visibility with 70,000 cars passing daily, making it an ideal location for retail, office, or mixed-use development. The site consists of two parcels: a front lot that was formerly a gas station, and a rear lot previously used for restaurant overflow parking. Both lots provide ample space for redevelopment, with a combined area of 1.01 acres. The location is strategically placed within a thriving business community, surrounded by a variety of retail, dining, and commercial establishments, providing a robust customer base. In addition to the prime location, the property is easily accessible from major highways and is just a short drive from Philadelphia International Airport, ensuring convenience for both local and traveling customers. With its high-traffic location and zoning flexibility, this site presents a significant opportunity for investors or businesses looking to capitalize on a high-profile location in a vibrant retail corridor. Broker commissions are available, making this an excellent investment opportunity.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 09-00136-01-00011
  • 09-00136-01-00012
Land Assessment
£305,597
Improvements Assessment
£178,742
Total Assessment
£484,339

zoning

Zoning Code B-2 (commercial zoning district that allows for a variety of business, office, professional, and service uses.)
B-2 (commercial zoning district that allows for a variety of business, office, professional, and service uses.)
  • Listing ID: 33109351

  • Date on Market: 09/09/2024

  • Last Updated:

  • Address: 1820 Rt 70 W, Cherry Hill, NJ 08002

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