709 Stokes Medford, NJ ^$ 895,000

709 Stokes

^$ 895,000

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709 Stokes

Medford, NJ, 08055

^$ 895,000

Studio Baths0.0 Sq 6,907

Monthly Estimate*

^$ 6,252

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Studio

Commercial Property for sale in Medford, NJ

for $895,000. This 6,907 square foot building was built in 1985 on a lot size of 1.4.

Exceptional opportunity to acquire a free standing office/retail/medical building in the heart of Medford. Offers outstanding visibility on heavily traveled Stokes Road, Medfords main artery. 6,900 SF, 2-story building with ample parking in the Community Commercial zoning district, which allows for a wide range of permitted office, medical, retail and specialty uses. Versatile floor plan with tons of interior improvements and a turn-key professional office set up. This building was originally demised and metered for 4 separate tenants. While it is currently set up as a single tenant space, it could easily be put back to its original configuration. Great for an existing business looking to relocate and gain the benefit of this location or a start up business looking to capitalize on a great location. An investor can realize an excellent return once this value add acquisition is stabilized. Close proximity to Philadelphia and the shore. Easy access and short distances to Route 70, 206, & Atlantic City Expressway.

Commercial Active

Price

^$ 895,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 28,222

Style

Day Care Facility,Garden Center,Medical,/General R

Lot Size

1.4

Year Built

1985

Town/City

Medford

County/Region

Burlington

MLS | Web ID

NJBL2063212

Features

Interior

Heating Fuel Natural Gas

Flooring Luxury Vinyl Plank Carpet Tile/Brick

Hot Water Natural Gas

Heating Y/N Y

Central Air Y/N Y

General

Sewer Public Sewer

Heating Forced Air

Cooling Central A/C

Possession Immediate

Roof Shingle

Zoning CC

Construction Materials Brick Vinyl Siding

Year Built 1985

Property SubType Office

Tax Year 2023

Percent Ownership Fee Simple

Cool Fuel Electric

Municipality MEDFORD TWP

Business Type Day Care Facility Garden Center Medical Other/General Retail Professional Religious Facility Restaurant/Bar School

Accessibility None

County BURLINGTON

New Construction N

Property Type Commercial Sale

Water Access Y/N N

Status ACTIVE

Directions Route 70 or Jackson Road to Stokes. Closest cross streets are Nelson and Lenape Trail

City MEDFORD

Buyer Agent Compensation 2.5

Zoning Description Community Commercial

Total Units 0

MLS Area Medford Twp (20320)

Lot Size Square Feet 60984.00

Waterfront Y/N N

Street Name STOKES

Tax Annual Amount 28222.0

Vacation Rental Y/N N

Days on Market 12

Standard Status Active

Year Built Source Assessor

Tax Lot 00011

Buyer Agent Compensation Type % Of Gross

Exterior

Parking Features Handicap Parking Lighted Parking Paved Parking Private

Water Source Public

Type of Parking Parking Lot

Water View Y/N N

Building Area Total 0.00

Lot Dimensions 0.00 x 0.00

Lot Size Acres 1.40

Lot Size Units Square Feet

Lot Size Source Assessor

Land Assessed Value 455000.00

Navigable Water Y/N N

Water Oriented Y/N N

Internal Only

Street Number 1 709

* Excluded Features

List By

Keller Williams Realty

Broker

kfishbein@kw.com

Affordability Calculator

$8,604

Per Month

Monthly Principal & Interest: $6,252
Monthly Property Taxes: $2,352
Monthly Home Insurance: --

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Yearly 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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Nearby

Trends
Schools

Commerical listings in Medford, NJ

Average List Price ^$568,600

Percent of Sale Price 36%

About Medford, NJ

23,353 Population

5% Since 2002

^$115,204 Median Income

46.19 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2136830 Elementary School

2137124 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/8/2024	$895,000		Listed Price

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709 Stokes, Medford, NJ, 08055 is a Commercial Property for sale at $895,000 with 6,907 sqft and a lot size of 1.4. 709 Stokes is a studio with 0.0 baths and was built in 1985. The property's zip code is 08055 which is in Medford, NJ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BrightMLS Broker Reciprocity^SM program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Weichert, Realtors® participates, and is provided by BrightMLS through a licensing agreement.

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709 Stokes

Commercial Property for sale in Medford, NJ

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