Dream Home Finder

Lake Pine, Medford NJ Homes for Sale

Lake Pine Homes for Sale - Medford

This simply doesn't happen every day in Medford, NJ. A very rare opportunity to own a 5,865 square foot, one-story, masonry neighborhood retail strip center on 1.33 acres, with expansion possibilities (Possibly 3000 to 5000 SF). This center currently has four tenants (with executed leases) , which includes a Barber Shop, Dry Cleaners, Photography Shop, and an Italian Restaurant. Each lease is for multiple years. Each tenant has it's own gas and electric meters. There's also a fifth electric meter for the common areas. There is public water & sewer.... which the owner bills back each according to square footage. In excess of 50 Parking spaces, could be more. Leases could be increased at the end of each expiration date. The property benefits from a sizeable market of residents, and densely population of townhouses, condos, apartments, and single-family houses. Its strategic position strengthens its appeal. Most important is the traffic count on both roads, in addition to it's location at a lighted intersection....with frontages and ingress / egress on both Tomlinson Mill Road & Taunton Blvd. All of the former and latter factors make this an attractive investment opportunity. Within close proximity to the high-end Promenade Shopping center, Garden State Park and minutes away from the Cherry Hill & Moorestown Malls, and the Market Place at Garden State, and Centerton Square/Moorestown. Excellent Dense and Affluent Demographics surrounded by high income developments (125,748.00 per year) in a five-mile radius. Superior Location and Access....it simply doesn't get any better. Access to numerous points of interest. Literally thousands of Townhouses, Condos, etc....within two miles. This unit is a centrally & strategically located off Taunton Blvd. & Tomlinson Mill Road & Hopewell Road. It's accessible by I-295, Routes 38, 206, 73, 70, PA & NJ Turnpikes, & the Atlantic City Expressway and, close proximity to center Philadelphia and Shore points. Route 70 is minutes away, and Route 73 about 8 minutes away. Approximately 30 minutes to center Philadelphia. About an hour's drive to the Jersey Beaches or New York City, and the Tri State area. A short drive to the Ben Franklin, Walt Whitman, Tacony-Palmyra Bridge or Burlington/Bristol Bridge connecting with I-95 & Bucks County. Easily accessible to the Philadelphia International Airport and Atlantic City's Int'l Airport...which allows many retail and commercial uses. Close to first class medical facilities such as University of Penn Hospital, Cooper MD Anderson Cancer Center & Hospital, Fox Chase, and Virtua. Conveniently located on Taunton Blvd., a short distance to the new Renaissance of the Taunton Forge Shopping Center with Restaurants, Tacos Tio, Shops, Illiano's, and many shops, etc. Just to mention some attractive features: 1. Public Water & Sewer. 2. Each unit is independently metered Gas & Electric. 3. Parking for 50 Vehicles. 4. High Visibility, Exposure & Traffic Count. 5. It’s minutes to high end shopping and restaurants. 6. Less than an hours drive to many shore points. 7. Location in respect to your clients and customers. 8. Convenience to other businesses and communities locally…and, within the Tri-State Area. 9. Natural Gas & Electric. Being sold “AS IS”.

238 Taunton Blvd, Medford

Listing courtesy of Keller Williams Realty - Marlton. Contact: (856) 441-6800

Start Your Search
board logo

© 2024 TReND. All Rights Reserved.
The data relating to real estate for sale on this website appears in part through the TReND Internet Data Exchange (IDX) program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Real Estate Company participates, and is provided by TReND through a licensing agreement. Real estate listings held by brokerage firms other than Real Estate Company are marked with the IDX icon and detailed information about each listing includes the name of the listing broker.
All information provided is deemed reliable but is not guaranteed. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.