Neal Cohen

Real Estate Agent
License# RS296771

708 STOKES ROAD, Medford, NJ 08055

 (Sold on )

$1,695,000

  • Open House
  • New Listing
  • Price Reduced
  • Active
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  • 0 BedroomBeds
  • 0 BathroomBaths
  • Sqft
  • 0Acres
  • CommercialType
  • NJBL2066556MLS#
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Property Description

A very rare and exceptional opportunity, in Medford, NJ to own an independently free standing professional office building on three quarters of an acre. This is truly a magnificently designed flex building. The possibilities and potential are endless to the many commercial and mixed uses allowed within the Community Commercial (CC) Zone. The building is in excellent condition. It could provide innovative warehouse solutions, for small to medium-sized businesses. The latter could include Ecommerce, retail, professional and technical service spaces, or many other applications. It also includes a dynamic showroom for your business. Located within.one of the most strategically based business districts on Route 541, Stokes Road,and, serves as one of the primary arteries in Medford, with great exposure, & heavy traffic count of 20,000 to 25,000 vehicles per day and most important, significant visibility. Excellent dense and affluent demographics, surrounded by high medium household income housing developments ($125,748.00 per yr). A very adaptable and flexible layout. This building has it alland, it is one of the few 10,000 SF Buildings in Medford, NJ. It was renovated, and updated in 2009 which included all of the fixtures, materials and electric. The present design is such, that it provides much adaptability and flexibility, . and could be modified in many configurations. Or, could stay just the way it is....(two units). Its truly a rare find in Medford. It is presently used as a design, engineering, installation, and service company....for residential and commercial electronic installations. Heres just a few of the many important features this building has. 1. Close to first class medical facilities such as University of Penn, Cooper MD Anderson Cancer Center and Hospital, Fox Chase, and Virtua. 2. Minutes to many fast food & high end restaurants. 3. High Visibility and Traffic Count. 4. Its accessible from I-295, Routes 38, 70, 73, 206, PA & NJ Turnpikes, Atlantic City Expressway. 5. Close proximity to Center Philadelphia and Shore Points. 6. Close proximity to the Promenade Shopping Center, and minutes away from the Moorestown & Cherry Hill Malls, Centerton Sq, The Market Place at Garden State, etc. 7. Public Sewerage (private well), 8. Completely Solar Powered, 9. Parking for 40 + vehicles. 10. Zoning Use Flexibility. 11. Location to your clients and customers. 12. Exposure, Visibility, and convenience to other businesses and communities. 13. Roof has a 35 year warranty. 14. Could be multiple tenants if desired. A fantastic location for your existing or future business. The property is being sold AS IS.

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Property Details 708 STOKES ROAD, MEDFORD, NJ 08055

Facts & Features

  • MLS #: NJBL2066556
  • Status: Active
  • Date Listed: 06/10/2024
  • Type: Commercial
  • Sub Type: Retail
  • Year Built: 1970
  • Price: $1,695,000
  • Acres: 0.77
  • Area: Medford Twp (20320)
  • County: Burlington

Amenities

  • View: Street
  • Waterfront Type: Well

Interior

  • Flooring: Hardwood
  • Utilities: Above Ground, Cable TV, Electric Available, Multiple Phone Lines, Natural Gas Available, Phone, PhoneConnected, Sewer Available, Water Available, Other
  • Heating: Solar - Active, Programmable Thermostat, Forced Air, Central, Ceiling
  • Cooling: Central A/C, Solar On Grid, Programmable Thermostat

Exterior

  • Lot Description: Backs to Trees, Cleared, Road Frontage, Year Round Access, SideYard(s), Partly Wooded, Landscaping, Level, Interior
  • Roof: Flat
  • Construction: Block, Brick, Brick Front

Schools

  • School District: Medford Township Public Schools
  • Middle: Medford Township Memorial
  • High: Shawnee

Additional Information

  • Zoning: Cc

Tax Information

  • Tax: $35,490

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