Rivera Realty

20 TRADING POST WAY, MEDFORD LAKES, NJ 08055

20 TRADING POST WAY, MEDFORD LAKES, NJ 08055

$895,000

Sq. Ft.: 4,000
Type: Commercial
Listing Courtesy of: Keller Williams Realty - Moorestown (856) 316-1100
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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 . 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-$10,000/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!
Listing Courtesy of: Keller Williams Realty - Moorestown (856) 316-1100
Property Features
Location Information
County: BURLINGTON
Municipality: MEDFORD LAKES BORO
Cross Street: Stokes Road
Latitude: 39.86383
Longitude: -74.80472
MLS Area: Medford Lakes Boro (20321)
Interior Features
Heating: 90% Forced Air
Heating Fuel: Natural Gas
Cooling: Central A/C
Exterior Features
Is New Construction: No
Roof: Architectural Shingle
Septic or Sewer: Public Sewer
Water: Well
Parking Description: Paved Parking
Lot Size in Acres: 0.19
Commercial/Industrial Type: Apartment Building, Banque
Approximate Net Sq. Ft.: 4,000
Additional Information
ListDate: 2024-01-24 00:00:00.0
Property SubType: Commercial Sale
Year Built: 1971
Status: Active
Tax Year: 2024
Tax Amount: $16,538


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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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BRIGHT(MRIS/Trend) data last updated at November 23, 2024 2:40 PM ET