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638--640 Stokes

MEDFORD, NJ 08055
  • $1,150,000
  • STATUS: Active
  • ON SITE: 13 Days
  • ID#: NJBL2059526
$1,150,000
  • 0
    BEDS
  • 0.94
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1979
County:

School Ratings & Info

Description

A rare opportunity to own two properties on Stokes Road in Medford. This is a Developer's Dream. Incredible opportunity for an investor, owner occupied, or developer to purchase one lot +G-.(which totals 41,077SF of land), .94 acres. The buildings are the last prime commercial site locations presently available+G-on Stokes Road..., and one of the most strategically based business districts in Medford Township. Previously known as Angelina Trattori, and,+G-. before then, the Lite Bite Restaurant....which are now vacant. The Primary Layout areas in the latter commercial building are included as follows: A. Cathedral Dining Room Front of Bldg. Est. 646 SF, B. Main Dining Room Area Est. 1,344 SF, C. Serving Area Est. 285 SF, D. Kitchen Area Est. 924 SF, E. Kitchen Expanded Area Est. 825 SF. There were three freezer & refrigeration areas, an office, entrance lobby, etc. The property could be completely rehabilitated or demolished to fit one's requirements+G-. or, the complete site could be developed. There's a wide range of professional or retail uses. (See Zoning Document). Additionally, any owner/purchaser could use the main commercial building and/or lease or occupy the residential house, which was a two-family rental property for additional income or, a live-in owner could possibly have a second business on the first floor. Many many options. Presently has a Well & Public Sewer, but public water is available. The main building is approximately 4500 SF and, the house is an estimated 1750 SF. Most important they are positioned near a high traffic volume Signalized intersection. The Traffic Count Average is over 20,000-25,000 vehicles a day. Excellent Dense and Affluent Demographics surrounded by high medium household income developments (Average $125,748.00). Superior Location and Access....it simply doesn't get any better. Zoned CC+G-..(Community Commercial) allows many retail and commercial uses....but, may need a variance depending upon the use. This is one of the last few commercial parcels for sale on Stokes Road in Medford. Close to first class medical facilities, and,....access to numerous points of interest. Simply stated, this parcel most certainly has High Visibility, High Traffic Volume, and is strategically located. Obviously these properties have significant key factors. 1. Strategic Location, 2. Exposure, 3. Visibility, 4. Convenience to other businesses and local communities, 5. Zoning Flexibility, 6. Parking, 7. Many amenities nearby+G-restaurants, high end shopping, medical facilities, etc. 8. Location to your clients & customers. Fantastic location for your existing or future new business. A very substantial benefit here is depending how you develop it, there is enough land, that one can plan for future growth. Medford+GGs accessibility is by I-295, & Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway and, close proximity to center Philadelphia and Shore points. Within close proximity to the high-end Promenade Shopping center, and minutes away from the Cherry Hill & Moorestown Malls, the Marketplace at Garden State, and Centerton Square/Moorestown. It's approximately 30 minutes to center Philadelphia, about an hour's drive to the Jersey Beaches, and 1 hour+ to New York City, not to mention that it's centrally located in the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra Bridge or Burlington/Bristol Bridges connecting with I-95 & Bucks County. Easily accessible to the Philadelphia International Airport and Atlantic City's Int'l Airport. The property is being sold "AS IS", and,.. all inspections, certifications, and approvals are the responsibility of the buyer.

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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 Holloway Real Estate Group | eXp Realty. 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: 2024-02-21T23:51:48.463.
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638--640 Stokes MEDFORD, NJ 08055

  • Price: $1,150,000
  • Status: Active
  • On Site: 13 Days
  • ID#: NJBL2059526
0
Beds
0
Baths
0
½ Baths
0.94
Acres
1979
Built
Neighborhood:
Medford Twp (20320)
County:
Burlington
Area:
Medford Twp (20320)
School District:
Medford Township Public Schools
Property Description
A rare opportunity to own two properties on Stokes Road in Medford. This is a Developer's Dream. Incredible opportunity for an investor, owner occupied, or developer to purchase one lot +G-.(which totals 41,077SF of land), .94 acres. The buildings are the last prime commercial site locations presently available+G-on Stokes Road..., and one of the most strategically based business districts in Medford Township. Previously known as Angelina Trattori, and,+G-. before then, the Lite Bite Restaurant....which are now vacant. The Primary Layout areas in the latter commercial building are included as follows: A. Cathedral Dining Room Front of Bldg. Est. 646 SF, B. Main Dining Room Area Est. 1,344 SF, C. Serving Area Est. 285 SF, D. Kitchen Area Est. 924 SF, E. Kitchen Expanded Area Est. 825 SF. There were three freezer & refrigeration areas, an office, entrance lobby, etc. The property could be completely rehabilitated or demolished to fit one's requirements+G-. or, the complete site could be developed. There's a wide range of professional or retail uses. (See Zoning Document). Additionally, any owner/purchaser could use the main commercial building and/or lease or occupy the residential house, which was a two-family rental property for additional income or, a live-in owner could possibly have a second business on the first floor. Many many options. Presently has a Well & Public Sewer, but public water is available. The main building is approximately 4500 SF and, the house is an estimated 1750 SF. Most important they are positioned near a high traffic volume Signalized intersection. The Traffic Count Average is over 20,000-25,000 vehicles a day. Excellent Dense and Affluent Demographics surrounded by high medium household income developments (Average $125,748.00). Superior Location and Access....it simply doesn't get any better. Zoned CC+G-..(Community Commercial) allows many retail and commercial uses....but, may need a variance depending upon the use. This is one of the last few commercial parcels for sale on Stokes Road in Medford. Close to first class medical facilities, and,....access to numerous points of interest. Simply stated, this parcel most certainly has High Visibility, High Traffic Volume, and is strategically located. Obviously these properties have significant key factors. 1. Strategic Location, 2. Exposure, 3. Visibility, 4. Convenience to other businesses and local communities, 5. Zoning Flexibility, 6. Parking, 7. Many amenities nearby+G-restaurants, high end shopping, medical facilities, etc. 8. Location to your clients & customers. Fantastic location for your existing or future new business. A very substantial benefit here is depending how you develop it, there is enough land, that one can plan for future growth. Medford+GGs accessibility is by I-295, & Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway and, close proximity to center Philadelphia and Shore points. Within close proximity to the high-end Promenade Shopping center, and minutes away from the Cherry Hill & Moorestown Malls, the Marketplace at Garden State, and Centerton Square/Moorestown. It's approximately 30 minutes to center Philadelphia, about an hour's drive to the Jersey Beaches, and 1 hour+ to New York City, not to mention that it's centrally located in the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra Bridge or Burlington/Bristol Bridges connecting with I-95 & Bucks County. Easily accessible to the Philadelphia International Airport and Atlantic City's Int'l Airport. The property is being sold "AS IS", and,.. all inspections, certifications, and approvals are the responsibility of the buyer.
Exterior Features

Construction Materials Masonry Garage YN No Lot Features Backs to TreesClearedFront YardLandscapingSubdivision PossibleOther Parking Features Private Parking Types Parking Lot Property Condition GoodAverage Riparian Rights YN No Road Responsibility Boro/Township Roof Shingle View Street Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 6250.00 Cooling Central A/C Exclusions Three Oven Fixtures Flooring Tile/Brick Heating Central Heating YN Yes Net Square Feet 6250.00

Property Features

Acceptable Financing ConventionalCash Accessibility Features Mobility Improvements Assessment Year 2022 Business Type OtherRestaurant/Bar Central Air YN Yes Cooling Fuel Natural Gas Cross Street Nelson Electric 200+ Amp ServiceCircuit Breakers Elevators 0 Foundation Details Crawl Space Heating Fuel Natural Gas Historic YN No Hot Water Natural Gas Internet Services SatelliteFiber OpticCableBroadbandOther Lease Considered YN No Municipality MEDFORD TWP Navigable Water YN N New Construction YN No Number Of Units Total 2 Original MLSNumber 802840305192 Ownership Interest Fee Simple Possession 0-30 Days CD120-180 Days31-60 Days CD61-90 Days CDSettlementOther Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 25279.84 Tax Assessment Amount 761900.00 Tax Lot 00041 01 Utilities Electric AvailableNatural Gas AvailableCable TV AvailableAbove Ground Vacation Rental YN No Water Source Well Zoning GC

Listing courtesy of Keller Williams Realty - Marlton: .


©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 Holloway Real Estate Group | eXp Realty. 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: 2024-02-21T23:51:48.463.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053