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20 Trading Post Way

MEDFORD LAKES, NJ 08055
  • $995,000
  • STATUS: Active Under Contract
  • ON SITE: 29 Days
  • ID#: NJBL2059188
Under Contract
UPDATED: 95 min ago
$995,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1971
County:

School Ratings & Info

Description

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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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Murray & Co. Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T15:56:24.883.
www.mcre.com/homes/146918755
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20 Trading Post Way MEDFORD LAKES, NJ 08055

  • Price: $995,000
  • Status: Active Under Contract
  • On Site: 29 Days
  • Updated: 95 min ago
  • ID#: NJBL2059188
0
Beds
0
Baths
0
½ Baths
0.19
Acres
1971
Built
Neighborhood:
Medford Lakes Boro (20321)
County:
Burlington
Area:
Medford Lakes Boro (20321)
School District:
Medford Lakes Borough Public Schools
Property Description
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!
Exterior Features

Construction Materials FrameLog Siding Garage YN No Parking Features Paved Parking Parking Types On StreetParking Lot Riparian Rights YN No Roof Architectural Shingle Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4000.00 Cooling Central A/C Heating 90% Forced Air Heating YN Yes Net Square Feet 4000.00

Property Features

Accessibility Features Elevator Assessment Year 2022 Business Type Apartment BuildingBanquet Facility/LodgeBed and BreakfastHair Salon and SpaHealth ClubMedicalOther/General RetailProfessionalRestaurant/BarTheater Central Air YN Yes Cooling Fuel Electric Cross Street Stokes Road Entry Level 1 Heating Fuel Natural Gas Hot Water Electric Municipality MEDFORD LAKES BORO Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802831075764 Ownership Interest Fee Simple Possession 0-30 Days CD31-60 Days CD61-90 Days CD90-120 Days CDNegotiable Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 18640.00 Tax Assessment Amount 530000.00 Tax Lot 00003 02 Vacation Rental YN No Water Source Well Zoning LC

Listing courtesy of Keller Williams Realty - Moorestown: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Murray & Co. Real Estate. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-23T15:56:24.883.
 
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