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PRICE $525,000 SIZE 10,000 sqft LOT SIZE 1.93 ac Request More Info Schedule a Showing

Welcome to 55 South John F. Kennedy Way, a 10,000 square foot standalone mixed use, commercial building sitting on 1.93 acres of land in the heart of Willingboro, NJ. Located directly across from Willingboro High School and offering roughly 50 on-site parking spaces, this versatile property presents a rare opportunity for buyers seeking a flexible-use space for nonprofit, community, institutional purposes or even residential redevelopment. The building is currently used as a private event space and social club, and is fully tax-exempt under a 501(c)(7) nonprofit designation. The tax exemption is grandfathered in under the current zoning, meaning that the building has been legally operating in a commercial capacity despite being located in a Residential R-3 zone. This "legal non-conforming use" allows the building to continue being used as an event hall, private club, charter school, daycare, community center, church, or any other non profit use without needing zoning changes. Additionally, the tax-exempt status can be transferred to a new owner so long as the use remains aligned with qualifying nonprofit activity. If your vision shifts in another direction, the property can also be converted back to residential use, with the potential for future development under R-3 zoning. Inside, the building is divided into two main zones. One side features a massive banquet hall with high ceilings, carpeting, a stage area, multiple restrooms, and an open layout ready to host weddings, parties, fundraisers and more. The other side includes a lounge and bar room with a fully built-out bar, including, TVs, and a pool table "” perfect for a social club, youth space, or adult recreation area. There are additional flex rooms that can be used as offices, photo corners, waiting areas, or storage. Utilities include public water, sewer, electric, and natural gas, with central air and gas heat throughout. While the kitchen equipment may not be included, the kitchen is already equipped with ventilation, ready for easy turnover. Seller financing is also available with negotiable terms, including a balloon payment option over 2-5 years. The building has no known structural, electrical, or plumbing issues, and there are no open permits or violations. With zoning flexibility, transferable tax exemption, and multiple use potential, this is a true turn-key opportunity for a business owner, savvy investor, or organization looking for a long-term home base. Sellers are also willing to sell the business only minus the Real Estate, inquire within!