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Listing IDNJBL2031122
Price$299,500
SqFt
1,356
Acres
0.690
StatusACTIVE
CountyBurlington
Year Built1960
Property TypeCommercial Sale
Property Sub TypeOffice
A very rare opportunity to own a commercial property on Route 70, in Medford, NJ. This property is strategically positioned and has the flexibility for many businesses & uses, such as retail, professional offices, day care, boutiques, antiques, gift specialty shops, crafts, office/warehouse, etc. Most importantly, is the strategic location at a lighted intersection … directly on Route 70. As presently laid out....the estimated room dimensions are Reception area 14'x11, Administration Offices/file storage 8'x23', Rest Room 8'x5', Front Office'12'x14', Open Dental Area four stations 21'23, Lab area two areas 6'x8 & 6'x6 & Hallway 13'x 3'. This obviously enhances the value of the property. The traffic volume is 25,000 to 45,000 vehicles per day (which varies vastly on weekends due to the shore traffic). Fantastic exposure. The property has two ingress & egress driveways. Once upon a time is was a historical church, then converted to dental offices. It is presently being used a Dental Office, tenant with four dental chairs. Very easily adaptable to either orthodontic or periodontal practices….or other medical uses. Presently the tenant is on a Month-to-Month lease. Over the past few years, the owner has upgraded the HVAC, newer duct work, furnishings, and security system. Roof is approximately 12 years old. There is a shed on the property and most likely is a tear down. It has septic system and private well. It is being sold “AS IS”. All certifications and inspections are for Buyer's Informational purposes. Seller will obtain Municipal Smoke/Carbon Monoxide/Fire Extinguisher Certificate of compliance…(If required). Obviously, the possibilities and potential are endless as to the many commercial and/or mixed uses. There are many ways to customize the Retail/Warehouse areas…1280SF for Retail, and Warehouse/Work Area of 800SF., many other options. Here are just a few of the features: Minutes to many Fast Food and Local Restaurants. Close to First Class medical facilities, Virtual Hospital is literally minutes away, along with Jefferson & University of Penn in Philadelphia... Additionally, .... This property does have high visibility, high traffic count, & is strategically located a short distance from the Route 73 corridor. It's accessible by I-295, & Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway & close proximity to center Philadelphia and Shore Points. Additionally, within close proximity to the high-end Promenade Shopping Center, and minutes away from the Cherry Hill & Moorestown Malls, the Market Place at Garden State, & Centerton Square, Moorestown. It's approximately 30-35 minutes to center Philadelphia, about an hour’s drive to the Jersey Beaches, and 1.5-2.0 hours to New York City, not to mention that it's centrally located in the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra & Burlington/Bristol Bridges connecting with I-95 & Bucks County. Easily accessible to the Phila International Airport and Atlantic City's Int'l Airport. It simply doesn't get any better. This will not last long.
County
Burlington
Price/SqFt
220.87
Property Sub Type
Office
Property Type
Commercial Sale
Year Built
1960
Zoning
HM
Building Total SqFt Source
Estimated
Central Air
yes
Cooling Type
Central A/C
Flooring Type
Wood, Solid Hardwood
Heating
yes
Heating Type
Forced Air
Car Parking Spaces
8
Construction Materials
Brick
Cooling Fuel
Electric
Electric Service
200+ Amp Service
Fencing
Y
Foundation Details
Block
Heating Fuel
Oil
Hot Water
Electric
Lot Dimensions Source
Assessor
Lot Size Dimensions
0.00 x 0.00
Lot Size Source
Assessor
Lot Size Units
Square Feet
New Construction
no
Parking Features
Handicap Parking, Paved Parking
Road Responsibility
Boro/Township, City/County
Road Surface Type
Black Top, Concrete, Paved, US Highway/Interstate
Roof
Flat, Shingle
Sewer Septic
On Site Septic
Tidal Water
no
Total Garage and Parking Spaces
10
Truck/Trailer Parking Spaces
2
Type of Parking
Parking Lot
Utilities
Cable TV, Cable TV Available, Phone Available, Phone Connected, Water Available, Other, Above Ground, Phone, Sewer Available
Water Access
no
Water Oriented
no
Water Source
Well
Water View
no
Country
US
Location Type
Highway
MLS Area
Medford Twp (20320)
Municipality
MEDFORD TWP
Views
Street, Valley, Trees/Woods
Waterfront
no
Zoning Description
HM
Accessibility Features
None
Business Type
Auto Related, Day Care Facility, Flex, Hair Salon and Spa, Institutional, Medical, Other/General Retail, Professional, Recreation, Religious Facility, Storage, Other
Days on Market
515
Historic
no
Potential Tenancy
Multiple
Property Condition
Average
Property Use
Investment
Year Assessed
2022
Year Built Source
Assessor
Acceptable Financing
Cash, Conventional
Association Recreation Fee
N
Automatically Update Tax Values
yes
Exclusions
Current tenant's dental chairs and equipment.
Inclusions
Some of the Furnishings would be included in the sale...TBD...if desired.
Net SqFt
1356
Ownership Interest
Fee Simple
Possession
0-30 Days CD, 120-180 Days, 31-60 Days CD, Immediate, Negotiable, Settlement
Riparian Rights
no
Sale Type
Standard
Tax Annual Amount
8024
Tax Assessed Value
246900
Tax Data Updated
no
Tax Lot
00007
Tax Year
2022
Vacation Rental
no
Listing courtesy of Keller Williams Realty - Marlton (856) 441-6800
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Keller Williams Realty - Marlton. Data last updated on Thursday, March 28th, 2024 04:44:49 PM.
© 2024 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of Keller Williams Realty - Marlton. Data last updated on Thursday, March 28th, 2024 04:44:49 PM.
Contact - Listing ID NJBL2031122
John Luca
88 Lantana Dr.
Hockessin, DE 19707
Phone: 3029996966
Phone Alt: 3027405872
Data services provided by IDX Broker