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Key Details
Sold Price $240,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 768 sqft
Price per Sqft $312
Subdivision None Available
MLS Listing ID 1001247988
Sold Date 03/23/23
HOA Y/N N
Originating Board TREND
Year Built 1950
Annual Tax Amount $3,972
Tax Year 2017
Lot Size 2.820 Acres
Acres 2.82
Lot Dimensions IRR
Property Description
This is a very rare opportunity to own a Prime 2.72 Acre Parcel strategically located on Route 206, with high visibility. The owners had a Wetland Delineation Constraints Report issued, so that the new buyer can determine exactly what is needed in the way of buffers, Septic, etc. There is the option to tie into the CVS System on the lot adjacent to this. The owner would have to make negotiate that with the next door's owner. The property has 300 feet frontage on Route 206, and, backs up directly to Old Indian Mills Road...which with approvals could have ingress's and egress's on both roadways. The overall dimensions are 300' x 325'. Obviously, there are many uses, but...any and all uses would have to be approved by the township, or through the variance process. The possibilities ... include but not limited to...a Scale down Retail Shopping Center, Management offices, Stores & Shops, Financial Institutions, Insurance, Car Dealership, etc. This would be an excellent owner occupancy, and provides several options from an investment standpoint. The property is being sold "AS IS". The buyers are responsible for all inspections, certifications, etc. The present tenants are relatives of the owners, and,.... are on a month to month basis, with no lease. Owners, very motivated to sell. The house that is on the property,...for all intensive purposes...in addition to development purposes...it would be a complete and certain tear down. A very strategic location, easy accessible, and a very short distance Medford, Cherry Hill, and Shore Points, and State Parks. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 206, 73, 70, 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most important its a short distance to High End Medical Facilities, such as the highly rated Penn & Jefferson Institutions. Additionally ...close to many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other Fast Food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia.
Location
State NJ
County Burlington
Area Tabernacle Twp (20335)
Zoning R/C
Rooms
Other Rooms Primary Bedroom
Interior
Hot Water Electric
Cooling Window Unit(s)
Fireplace N
Heat Source Oil
Exterior
Utilities Available Water Available, Sewer Available, Natural Gas Available, Electric Available, Phone, Cable TV Available
Waterfront N
Water Access N
Roof Type Pitched,Shingle
Street Surface US Highway/Interstate
Accessibility None
Road Frontage State
Parking Type None
Garage N
Building
Foundation Stone, Brick/Mortar
Sewer Public Sewer, On Site Septic, Community Septic Tank, Private Septic Tank
Water Public, Well
New Construction N
Schools
School District Lenape Regional High
Others
Tax ID 35-00204-00002
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with James L Moffa • Keller Williams Realty - Marlton