353 Route 70 Medford, NJ $ 299,500
353 Route 70
$ 299,500
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353 Route 70

Medford, NJ, 08055
$ 299,500
Baths0.0 Sq 1,356

Monthly Estimate*

$ 2,092

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View a Virtual Tour
Studio

Commercial Property for sale in Medford, NJ

for $299,500. This 1,356 square foot building was built in 1960 on a lot size of 0.69.

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.

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Commercial Active

Price

$ 299,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,024

Style

Auto Related,Day Care Facility,Flex,Hair Salon and

Lot Size

0.69

Year Built

1960

Town/City

Medford

County/Region

Burlington

MLS | Web ID

NJBL2031122

Features
Interior
Heating Fuel Oil
Flooring Wood Solid Hardwood
Hot Water Electric
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 1
Entry Level 2
Number of Elevators 0
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General
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
Municipality MEDFORD TWP
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 N
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 N
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.
City MEDFORD
Buyer Agent Compensation 2.5
Zoning Description HM
Total Units 0
MLS Area Medford Twp (20320)
Lot Size Square Feet 30056.00
Waterfront Y/N N
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 N
Vacation Rental Y/N N
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 N
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Exterior
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.
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
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
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 N
Water Oriented Y/N N
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Internal Only
Street Number 1 353
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* Excluded Features
List By
Keller Williams Realty - Marlton

Broker

jlmoffa@aol.com

Email

Affordability Calculator

$2,761
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,092
Monthly Property Taxes
$669
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/2/2023$299,500 -1.80% Price Down
6/2/2023$305,000 -3.17% Price Down
10/3/2022$315,000 -5.97% Price Down
8/2/2022$335,000 Listed Price

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353 Route 70, Medford, NJ, 08055 is a Commercial Property for sale at $299,500 with 1,356 sqft and a lot size of 0.69. 353 Route 70 is a studio with 0.0 baths and was built in 1960. The property's zip code is 08055 which is in Medford, NJ