Medford, NJ 08055,170 ROUTE 70
Medford, NJ 08055,170 ROUTE 70
Medford, NJ 08055,170 ROUTE 70
60
$925,000
$925,000
Est.Price: ?

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4,200 SqFt

170 ROUTE 70 Medford, NJ 08055

Est. payment /mo
SOLD DATE : 10/03/2023

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Key Details

Sold Price $925,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 4,200 sqft

Price per Sqft $220

MLS Listing ID NJBL2029538

Sold Date 10/03/23

Originating Board BRIGHT

Year Built 1977

Annual Tax Amount $16,077

Tax Year 2022

Lot Size 3.340 Acres

Acres 3.34

Lot Dimensions 0.00 x 0.00

Property Description

A very rare opportunity to own a High Visibility, prime 4200 Square Foot property situated on 3.34 acres on Route 70 East in Medford, NJ. Zoned Highway Commercial HC-1. The retail area is 1800 SF and the warehouse 2400 SF. It’s presently a Carpet Firm with a very large warehouse. Great visibility. The owner has indicated, and an older plot plan supports it, that at least another 4200 SF could be added to the right side of the existing building if desired....for growth or for immediate expansion. The retail area has HVAC, and the warehouse area is Air Conditioned. There are many uses that this building/property could be utilized for. This could provide innovative warehouse solutions for small and medium sized businesses. The latter could include Ecommerce, retail, manufacturing, professional and technical service spaces, or many other applications. The traffic flow on Route 70 is 30,000 to 45,000 vehicles + per day....and varies on weekends and is on the East Route side going to the shore. This building has two 10' Wide 12' High Drive In Overhead Garage Doors, that opens into 16’ High Ceilings. It’s strategically located within the Tri-State Area. Conveniently located to both the New Jersey and Pennsylvania Turnpikes. One of its main features is that the retail space has both heated and air conditioned, while the warehouse is heated. It’s truly a rare find, in this location. It has a paved parking lot for 16+ parking spaces and could be more. Perfect convenience with Access to all the city has to offer. Close proximity to Higher Medical Facilities & Teaching Facilities…such as Cooper, Fox Chase, Jefferson, Virtua & Penn. Close Proximity to High End Shopping, The Promenade Shopping Center, Centerton Square (Wegmans & Costco), Moorestown and Cherry Hill Malls. Convenient location to Routes 70, 73, 206, 38 and the Atlantic City Expressways & Garden State Parkway. Easy access to the Ben Franklin, Walt Whitman, Burlington Bristol, Commodore Barry, Tacony-Palmyra Bridges. Close to the Philadelphia International Airport, and Atlantic City Airport and Sports Stadiums. Just an unbeatable location that highlights this property. Less than 45 minutes to Long Beach Island, and other shore points. Unlike many communities, Medford has not lost its’ “soul” to the suburban sprawl which has consumed many of New Jersey’s towns. Medford has a bustling Village area, where unique shops and restaurants line our original and historic “Main Street.”...and, and, supports new businesses. The residential areas in Medford have been created with respect for the woodlands, streams and lakes surrounding us. Homes of log cabins, Victorian estates and contemporary facades dot the landscape. Dedicated open space, private camps, bike paths and sidewalks allow for many recreational activities. With Medford’s border of a million acres of protected forest and over 50% of the township as dedicated open space and natural surroundings, Medford is assured of a quiet and healthy environment for the future. This is a very prime Route 70 East location.

Location

State NJ

County Burlington

Area Medford Twp (20320)

Zoning HCRH

Interior

Hot Water Natural Gas

Heating Central, Forced Air

Cooling Central A/C

Flooring Concrete

Heat Source Electric

Exterior

Garage Spaces 18.0

Utilities Available Natural Gas Available, Cable TV Available, Electric Available, Multiple Phone Lines, Phone, Phone Available, Phone Connected, Water Available, Sewer Available

Waterfront N

Water Access N

View Street, Trees/Woods

Roof Type Rubber,Asphalt,Shingle

Street Surface Access - On Grade,Black Top,Paved,US Highway/Interstate

Accessibility Other, 2+ Access Exits, 36\"+ wide Halls, 32\"+ wide Doors, >84\" Garage Door

Road Frontage City/County, Public, State

Parking Type Off Site, Parking Lot

Total Parking Spaces 18

Garage N

Building

Lot Description Backs to Trees, Front Yard, Interior, Level, Not In Development, Partly Wooded, Road Frontage, Rural, Trees/Wooded

Foundation Slab

Sewer Mound System, On Site Septic

Water Well

New Construction N

Schools

School District Medford Township Public Schools

Others

Tax ID 20-00903 02-00024

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Negotiable, Other

Listing Terms Cash, Conventional, Negotiable, Other

Financing Cash,Conventional,Negotiable,Other

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James L Moffa • Keller Williams Realty - Marlton
Bought with Margaret Willwerth • Century 21 Alliance-Medford

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Stacie Nance

Agent | License ID: 5011001/RSR006430

+1(410) 245-5320

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