Medford, NJ 08055,38 S MAIN ST
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Medford, NJ 08055,38 S MAIN ST
Medford, NJ 08055,38 S MAIN ST
Medford, NJ 08055,38 S MAIN ST
Medford, NJ 08055,38 S MAIN ST

$269,900

Est. payment /mo

$269,900

Est.Price: ?

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38 S MAIN ST Medford, NJ 08055

2,988 Sqft Lot

SOLD DATE : 05/20/2016

Key Details

Sold Price $269,900

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Subdivision Medford Village

MLS Listing ID 1002389852

Sold Date 05/20/16

HOA Y/N N

Originating Board TREND

Year Built 1917

Annual Tax Amount $6,104

Tax Year 2015

Lot Size 2,988 Sqft

Acres 0.07

Lot Dimensions 45X69

Property Description

This is a very rare opportunity to own a prime main street retail/residential mixed used building in Historic Medford Village. Presently, the first level includes a retail rental shop & second level is a stunning 2 bedroom apartment, which is completely upgraded...and, is leased until Dec 2016. Simply gorgeous. The total rental income was $2160.00 a month & could definitely be increased. The retail tenant downstairs has moved, thus opening up a fantastic opportunity to have a retail business on Main Street. Both units are completely independent with separate meters...except for the water and sewer. Parking on site plus free on street & public parking. A Full Dry Basement w/ Bilco Doors. Located in the business/retail core of restaurants, shops & offices. Under the present 413 "HVC" Historic Village Commercial the following uses include Shops, Retail, Clubs/Lodges, General offices, etc. High Visibility easily accessible ..located in the center of Prestigious Medford Village, NJ....directly across from the famous Historic Braddocks Restaurant, and a block from the newly opened Pop Shop. Prime location, 3 blocks to Route 70 and close to 295 Interchanges. Located in the business/retail core of restaurants, shops, & offices. This location is a very short distance to many surrounding amenities such as the Promenade Shopping Center, Cherry Hill and Moorestown Malls, many Famous Restaurants, High End Shops, and close proximity to Center Philadelphia.. Medford has expanded the scope of permitted retail and commercial uses (See Ordinance 2012-14). Prime location & easily accessible. Undoubtedly, these units have been excellently maintained & upgraded....Natural light throughout. This property is priced right, & won't last long. Excellent for owner occupancy, and, provides several options from an investment standpoint. Doesn't get much better than this. This is an opportunity for a very special purchase. This is being sold "AS IS"....Must be Court approved.

Location

State NJ

County Burlington

Area Medford Twp (20320)

Zoning HVC

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Electric

Flooring Wood, Carpet, Vinyl

Fireplace N

Heat Source Natural Gas

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

Accessibility None

Road Frontage Boro/Township

Garage N

Building

Building Description Other, Ceiling Fans,Display Window,Fire Alarm

Foundation Stone, Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Other

New Construction N

Schools

School District Lenape Regional High

Others

Tax ID 20-01706-00007

Ownership Fee Simple

Acceptable Financing Conventional, Private

Listing Terms Conventional, Private

Financing Conventional,Private

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Bright MLS (BMLS)
Listed by James L Moffa • Weichert Realtors-Marlton
Bought with Mary Ann Holloway • Connection Realtors

Greg Kolandjian

Team Leader | License ID: 0225205024

+1(540) 737-8150

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