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20 Trading Post Way, Medford Lakes, NJ 08055
$950,000
20 Trading Post Way, Medford Lakes, NJ 08055View this property at 20 Trading Post Way, Medford Lakes, NJ 08055
20 Trading Post WayMedford LakesNJ08055
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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!
Full Property Details
Full Property Details for 20 Trading Post Way
General
- Price: $950,000
- Taxes: $19,053 (2023)
- Status: Active
- Type: Retail
- MLS ID: NJBL2059188
- Updated: 5/26/2024
- Added to Site: 144 day(s) ago
Business
- Business Type: Apartment Building, Banquet Facility/Lodge, Bed and
Rooms
Bathrooms
- Restrooms: 3
Parking
- Total Spaces: 25
- Parking Features: Paved Parking
- Parking Type: On Street, Parking Lot
Location
- Area: Medford Lakes Boro (20321)
- Municipality: MEDFORD LAKES BORO
- County: Burlington
- Cross Streets: Stokes Road
- Driving Directions: Stokes Road to Trading Post Way OR Tabernacle Road to Trading post Way
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Well
Structural Information
- Construction: Frame, Log Siding
- Roof: Architectural Shingle
- Entry Floor Number: 1
- Stories/Levels: 2
- Year Built: 1971
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,102
- Lot Size Source: Assessor
- Lot Dimensions: 0.00 x 0.00
- Zoning: LC
Financial Considerations
- Price Per Sq. Ft.: $237.5
- Assessment Year: 2023
- Tax w/Assessment: $530,000
- Tax Amount: $19,053
- Tax Year: 2023
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
- Ownership: Fee Simple
- Lot Number: 00003 02
Listed by Keller Williams Realty - Moorestown, Jennifer M D'Alesandro
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Schools
Schools serving 20 Trading Post Way
School Districts:Medford Lakes Borough Public Schools, Lenape Regional High School District
Rating | Name | Grades | Distance |
---|---|---|---|
44 Neeta Trl, Medford Lakes, NJ 08055 | 3-8 | 0.2 mi | |
Nokomis School
135 Mudjekeewis Trl, Medford Lakes, NJ 08055 | PK-2 | 0.7 mi | |
600 Tabernacle Rd, Medford, NJ 08055 | 9-12 | 1.6 mi | |
110 Carranza Rd, Tabernacle, NJ 08088 | 9-12 | 4.7 mi | |
235 Hartford Rd, Medford, NJ 08055 | 9-12 | 4.8 mi | |
120 Tomlinson Mill Rd, Marlton, NJ 08053 | 9-12 | 5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20 Trading Post Way
Date
Details
Price
Change
Source
5/26/2024
Price Reduced
$950,000
-4.52%
MLS
1/24/2024
Listed
$995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20 Trading Post Way
20 Trading Post Way, Medford Lakes, NJ 08055 (MLS# NJBL2059188) is a Retail property. 20 Trading Post Way is currently listed for $950,000 and was received on January 24, 2024. Want to learn more about 20 Trading Post Way? Do you have questions about finding other Retail real estate for sale in Medford Lakes? You can browse all Medford Lakes real estate or contact a Coldwell Banker agent to request more information.