3201 Route 38, Mount Laurel, NJ 08054 - Photo 1

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$1,075,000

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Property Description

Rare opportunity to own an 8 Suite Professional Office Building on Route 38, in Mt. Laurel. It's strategically positioned next to the Larchmont Shopping Center, just past the traffic light with a very busy highway exposure, high visibility... and, easy access. There are 8 units, each with one restroom, of which three office suites are presently leased. This building has a full basement, with each suite having basement storage space. The condition of the overall building is above average. Everything in this complex meets or exceeds code. Each unit is independently metered. Each tenant pays for their own electric, cable and for a percentage of water and sewer. Presently an excellent opportunity to own, occupy or invest. Provides great visibility for signage. The location is a very short distance to many surrounding amenities such as the Centerton Square Shopping Center, Promenade Shopping Center, Cherry Hill & Moorestown Malls, many famous Restaurants, High End Shops, and close proximity to Center Philadelphia & Shore Points. Easy access and short distances to Route 70, 73, 38, & 206, Interstate 295, NJ Turnpike & Atlantic City Expressway.

Full Property Details

Full Property Details for 3201 Route 38

General

Price: $1,075,000
Taxes: $23,677 (2024)
Status: Active
Type: Business
Source: BrightMLSPhilly
MLS ID: NJBL384540
Updated: 12/10/2024
Added to Site: 1, 613 day(s) ago

Business

Business Type: Institutional, Medical

Rental Information

Lease/Rent Term: 36 Months

Interior

Flooring: Tile/Brick, Carpet, Vinyl

Rooms

Bedrooms

Primary Bedroom: Unspecified

Additional Information

Other Features: Private Restrooms

Parking

Total Spaces: 30
Parking Features: Paved Parking, Handicap Parking, Lighted Parking
Parking Type: Parking Lot

Location

Area: Mount Laurel Twp (20324)
Municipality: MOUNT LAUREL TWP
County: Burlington
Cross Streets: Larchmont
Driving Directions: Route 38 West, Past Larchmont Blvd., PIQ on right hand side.
Traffic Count: 15000-19999
Location Details: Suburban

Heating & Cooling

Central air: Yes
Cooling Type: Central A/C
Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Water Available, Sewer Available, Electric Available, Phone, Cable TV Available, Under Ground

Structural Information

Construction: Aluminum Siding, Vinyl Siding, Brick, CPVC/PVC, Copper Plumbing
Foundation: Concrete Perimeter, Brick/Mortar
Roof: Pitched, Shingle
Walls/Ceilings: Other
Stories/Levels: 2
Year Built: 1987
Year Built Source: Estimated

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 1.02
Lot Size (Sq. Ft.): 44,301
Lot Size Source: Assessor
Lot Dimensions: IRR
Zoning: COM

Financial Considerations

Price Per Sq. Ft.: $134.38
Assessment Year: 2024
Tax w/Assessment: $750,000
Tax Amount: $23,677
Tax Year: 2024
Tenant Pays: Electricity, Heat, Water, Sewer, Hot Water, Insurance

Disclosures and Reports

Ownership: Fee Simple
Lot Number: 26

Listed by Keller Williams Realty - Marlton, James L Moffa

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Listing agent

— 3201 Route 38 —

James L Moffa

Keller Williams Realty - Marlton

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Schools

Schools serving 3201 Route 38

School Districts:Mount Laurel Township Public Schools, Lenape Regional High School District

Name	Grades	Distance
Fleetwood Elementary School 231 Fleetwood Ave, Mount Laurel, NJ 08054	PK-4	1.3 mi
Mount Laurel Hartford School 397 Hartford Rd, Mount Laurel, NJ 08054	5-6	1.4 mi
Thomas E. Harrington Middle School 514 Mount Laurel Rd, Mount Laurel, NJ 08054	7-8	2.6 mi
Lenape High School 235 Hartford Rd, Medford, NJ 08055	9-12	3.7 mi
Cherokee High School 120 Tomlinson Mill Rd, Marlton, NJ 08053	9-12	6.7 mi
Shawnee High School 600 Tabernacle Rd, Medford, NJ 08055	9-12	9.7 mi
Seneca High School 110 Carranza Rd, Tabernacle, NJ 08088	9-12	11.7 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 3201 Route 38 Get Price Alerts and Save Property

Date

Details

Price

Change

Source

11/29/2023

Price Reduced

$1,075,000

-6.52%

MLS

10/26/2020

Listed

$1,150,000

—

MLS

Get Price Alerts and Save Property

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 3201 Route 38

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Updated 2 days ago

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Updated 5 days ago

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Active
Updated 15 hours ago

3
Beds
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Total Baths
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Sq. Ft.

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Updated 10 hours ago

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Total Baths
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Listed by Weichert Realtors-Medford, Brandannette M Hauer

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Price Reduced

-$5,000 (-1.75%)

$280,000

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Active
Updated 2 days ago

2
Beds
2
Total Baths
1,104
Sq. Ft.

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Price Reduced

-$84,100 (-9.51%)

$799,900

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Active
Updated 2 days ago

4
Beds
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Total Baths
3,427
Sq. Ft.

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Price Reduced

-$76,000 (-5.15%)

$1,399,000

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Single Family
Active
Updated 9 hours ago

5
Beds
3
Total Baths
4,857
Sq. Ft.

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526 Kings Hwy, Moorestown, NJ 08057 - Photo 1

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Single Family
Active
Updated 3 days ago

6
Beds
4
Total Baths
4,117
Sq. Ft.

Listed by Keller Williams Realty - Moorestown, Samuel N Lepore

3201 Route 38, Mount Laurel, NJ 08054 (MLS# NJBL384540) is a Business property. 3201 Route 38 is currently listed for $1,075,000 and was received on October 26, 2020. Want to learn more about 3201 Route 38? Do you have questions about finding other Business real estate for sale in Mount Laurel? You can browse all Mount Laurel real estate or contact a Coldwell Banker agent to request more information.

3201 Route 38 Mount Laurel, NJ 08054