20 Trading Post Way Medford Lakes, NJ $ 995,000
20 Trading Post Way
$ 995,000
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20 Trading Post Way

Medford Lakes, NJ, 08055
$ 995,000
Baths0.0 Sq 4,000

Monthly Estimate*

$ 6,950

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Studio

Commercial Property for sale in Medford Lakes, NJ

for $995,000. This 4,000 square foot building was built in 1971 on a lot size of 0.19.

SO MUCH OPPORTUNITY in the HEART of MEDFORD LAKES on the unique TRADING POST WAY!!! With over 4,000 sq ft of potential, the possibilities are endless as an investor to collect rental income OR as an owner-occupied business OR both! The lower and upper floors each have 2000 sq ft.. On the lower floor, 1300 sq ft is finished, has a drive thru window & is rented until November 2025 w/ current tenants having no intentions of leaving. There is another 700 sq ft of unfinished area on the lower floor that is also currently rented. All of the upper floor (2000 sq ft) is an unfinished canvas & ready for you to tailor to meet your specific business goals. This is an ideal location for just about any business w/ high visibility & an abundance of traffic from the community. Some options might include an eatery/restaurant, brewery, retail, medical, fitness/yoga w/ a juice bar, professional office space, apartments for residents to live in on the second floor & the list goes on (please review your ideas w/ the town for approval)! We estimate the potential rental income for the whole building, once finished, would be about $8000/mo or more! There are currently three separate entrances in the front of the building, one entrance in the back & there is ample parking (3 spots on the property including 1 handicapped spot & plenty of municipal parking around the building). The 2 heating units are approximately 3 yrs. old. This property is not just a space; it's an investment in the future success of your business w/ the flexibility to design and adapt how you see fit!

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Commercial Contingent

Price

$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 19,053

Style

Apartment Building,Banquet Facility/Lodge,Bed and

Lot Size

0.19

Year Built

1971

Town/City

Medford Lakes

County/Region

Burlington

MLS | Web ID

NJBL2059188

Features
Interior
Heating Fuel Natural Gas
Hot Water Electric
Total Stories 2
Heating Y/N Y
Street Suffix WAY
Central Air Y/N Y
Total Restrooms 3
Entry Level 1
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General
Sewer Public Sewer
Heating 90% Forced Air
Cooling Central A/C
Possession 0-30 Days CD 31-60 Days CD 61-90 Days CD 90-120 Days CD Negotiable
Roof Architectural Shingle
Zoning LC
Construction Materials Frame Log Siding
Year Built 1971
Property SubType Mixed Use
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality MEDFORD LAKES BORO
Business Type Apartment Building Banquet Facility/Lodge Bed and Breakfast Hair Salon and Spa Health Club Medical Other/General Retail Professional Restaurant/Bar Theater
Accessibility Elevator
County BURLINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE UNDER CONTRACT
Directions Stokes Road to Trading Post Way OR Tabernacle Road to Trading post Way
City MEDFORD LAKES
Buyer Agent Compensation 2.5
Total Units 0
MLS Area Medford Lakes Boro (20321)
Lot Size Square Feet 8102.00
Waterfront Y/N N
Street Name TRADING POST
Tax Annual Amount 19053.0
Price Per Sq Ft 248.75
Vacation Rental Y/N N
Days on Market 61
Standard Status Active Under Contract
Year Built Source Assessor
Tax Lot 00003 02
Buyer Agent Compensation Type % Of Gross
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Exterior
Parking Features Paved Parking
Water Source Well
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 4000.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.19
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 175000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 20
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* Excluded Features
List By
Keller Williams Realty - Moorestown

Broker

jenagent4u@gmail.com

Email

Affordability Calculator

$8,538
Per Month
81%
19%
0%
Monthly Principal & Interest
$6,950
Monthly Property Taxes
$1,588
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
1/25/2024$995,000 Listed Price

Map


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20 Trading Post Way, Medford Lakes, NJ, 08055 is a Commercial Property for sale at $995,000 with 4,000 sqft and a lot size of 0.19. 20 Trading Post Way is a studio with 0.0 baths and was built in 1971. The property's zip code is 08055 which is in Medford Lakes, NJ