1501 Route 206
Tabernacle, NJ, 08088 $ 375,000
Baths0.0 Sq 768 Monthly Estimate*
$ 2,619
Studio
for $375,000. This 768 square foot building was built in 1950 on a lot size of 2.82.
This is a very rare opportunity to own a Prime 2.72 Acre Parcel strategically located on Route 206, with high visibility. Back on the market again. Township would not allow a holding yard for automobiles.....so, the owner has decided to sell. The Township is looking for retail settings., and other uses. Obviously, there are many uses, but...any and all uses would have to be approved by the township, or through planning & zoning, or, the variance process. There was an option to tie into the CVS Pumping Station System on the lot adjacent to this. The owner would have to negotiate that with the next door's owner. The overall dimensions are 300' x 325'. The property has 300 feet frontage on Route 206, and backs up directly to Old Indian Mills Road...which with approvals could have ingresses and egresses on both roadways. The overall dimensions are 300' x 325'. The possibilities ... include but not limited to...a Scale down Retail Shopping Center, Management offices, Stores & Shops, Financial Institutions, .Insurance, but, no Car Dealership. This would be an excellent owner occupancy and provides several options from an investment standpoint. The property is being sold "AS IS". The present owner put thousands into the existing building. The buyers are responsible for all inspections, certifications, etc. Presently has a Cesspool, and Water well. A very strategic location, easy accessible, and a very short distance Medford, Cherry Hill, and Shore Points, and State Parks. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 206, 73, 70, 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most important its a short distance to High End Medical Facilities, such as the highly rated Penn & Jefferson Institutions. Additionally ...close to many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other Fast Food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia.
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Commercial ActiveInstitutional,Apartment Building,Shopping Center,M
FeaturesInteriorHeating Fuel Oil
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer On Site Septic Community Septic Tank Private Septic Tank
Heating 90% Forced Air
Cooling Window Unit(s)
Utilities Water Available Sewer Available Natural Gas Available Electric Available Phone Cable TV Available
Possession Immediate
Roof Pitched Shingle
Zoning R/C
Construction Materials Block
Year Built 1950
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality TABERNACLE TWP
Business Type Institutional Apartment Building Shopping Center Medical Bed and Breakfast Hotel/Motel Marina Recreation Storage Other
Accessibility None
County BURLINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From Medford Medford Lakes Rd to Route 206 Left at light PIQ on left after the CVS and one lot North.
City TABERNACLE
Buyer Agent Compensation 2.5
MLS Area Tabernacle Twp (20335)
Lot Size Square Feet 122839.00
Waterfront Y/N N
Street Name ROUTE 206
Tax Annual Amount 4199.0
Price Per Sq Ft 488.28
Vacation Rental Y/N N
Days on Market 40
Location Type Urban
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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ExteriorWater Source Public Well
Type of Parking None
Foundation Details Stone Brick/Mortar
Water View Y/N N
Building Area Total 768.00
Lot Dimensions IRR
Lot Size Acres 2.82
Road Surface Type US Highway/Interstate
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 82100.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByKeller Williams Realty - MarltonBroker
Affordability Calculator
- Monthly Principal & Interest
- $2,619
- Monthly Property Taxes
- $350
- 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.
Learn more about how to save NearbyCommerical listings in Tabernacle, NJ
Average List Price $375,000
Percent of Sale Price 0%
About Tabernacle, NJ 6,889 Population
-4% Since 2002
$ 96,900 Median Income
45.68 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing HistoryDate | Price | Price Change | Description |
---|
3/8/2024 | $375,000 | | Listed Price |