Views
Listed By:
Keller Williams Realty - Marlton
Address
353 Route 70, Medford, NJ
Price
$ 299,500
Property Attributes
  • MLS#NJBL2031122
  • TypeCommercial
  • CountyBURLINGTON
  • CityMedford
  • AreaMedford Twp
  • Zip08055
  • StyleAuto Related,Day Care Facility,Flex,Hair Salon and
  • Year Built1960
  • Taxes$ 8024
  • Price$ 299,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1356
  • Lot Size0.69 Acres
Data Source:
Bright MLS
Property Description

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 areas1280SF 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 hours 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.

Price History
8/2/2022 Listed $335,000
10/3/2022 6% - $315,000
6/2/2023 4% - $305,000
10/2/2023 2% - $299,500

General Features

Sewer On Site Septic
Heating Forced Air
Cooling Central A/C
Utilities Cable TV,Cable TV Available,Phone Available,Phone Connected,Water Available,Other,Above Ground,Phone,Sewer Available
Possession 0-30 Days CD,120-180 Days,31-60 Days CD,Immediate,Negotiable,Settlement
Roof Flat,Shingle
Zoning HM
Security Features 24 hour security,Security System,Smoke Detector,Carbon Monoxide Detector(s)
Construction Materials Brick
Exclusions Current tenant's dental chairs and equipment.
Year Built 1960
Electric 200+ Amp Service
View Street,Valley,Trees/Woods
Property SubType Office
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Auto Related,Day Care Facility,Flex,Hair Salon and Spa,Institutional,Medical,Other/General Retail,Professional,Recreation,Religious Facility,Storage,Other
Accessibility None
County BURLINGTON
New Construction No
Property Type Commercial Sale
Possible Use Automotive,Barber/Beauty,Car Wash,Church,Commercial,Convenience Store,Day Care,Distribution,Dry Cleaner,Financial,Flex Space,Florist/Nursery,Food & Beverage,Industrial,Institutional,Investment,Laundr
Water Access Y/N No
Property Use Investment
Status ACTIVE
Directions From Marlton or Medford,East on Route 70,PIQ is on the left side of the corner of Route 70 & Chairville Road.
ModificationTimestamp 2024-01-19T07:56:48
City MEDFORD
Buyer Agent Compensation 2.5
Zoning Description HM
MLS Area Medford Twp (20320)
Lot Size Square Feet 30056.00
Tax Assessed Value 246900.0
Waterfront Y/N No
Street Name ROUTE 70
Tax Annual Amount 8024.0
Property Condition Average
Price Per Sq Ft 220.87
Acceptable Financing Cash,Conventional
Historic Y/N No
Vacation Rental Y/N No
Virtual Tour https://drive.google.com/file/d/1S46SULB-G6PKc3mZq7kbH4ZruQuVxlZP/view?usp=sharing
Days on Market 603
Location Type Highway
Standard Status Active
Year Built Source Assessor
Tax Lot 00007
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee No

Interior Features

Heating Fuel Oil
Flooring Wood,Solid Hardwood
Hot Water Electric
Heating Y/N Yes
Central Air Y/N Yes
Total Restrooms 1
Entry Level 2
Clear Span Ceiling Height 15' to 18'

Exterior Features

Parking Features Handicap Parking,Paved Parking
Lot Features Corner,Irregular,Level,Not In Development,Partly Wooded,Road Frontage,Rural,SideYard(s),Trees/Wooded
Water Source Well
Inclusions Some of the Furnishings would be included in the sale...TBD...if desired.
Total Parking Spaces 10
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N No
Building Area Total 1356.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.69
Road Surface Type Black Top,Concrete,Paved,US Highway/Interstate
Road Frontage Length 700
Lot Size Units Square Feet
Lot Size Source Assessor
Door Features ENERGY STAR Qualified Door(s)
Road Responsibility Boro/Township,City/County
Land Assessed Value 204900.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N Yes
LotDimensionsSource Assessor
Car Parking Spaces 8

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08055

Price
AVG $200K
$300K
Taxes
AVG $12,778
$8,024
Visits
AVG 106
322
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1960
Walkscore
AVG 44
6
Data Provided by Walkscore® not using MLS data

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