20 TRADING POST WAY Active Save Request In-Person Tour Request Virtual Tour
Medford Lakes,NJ 08055
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,000 sqft
Price per Sqft $223
MLS Listing ID NJBL2059188
Originating Board BRIGHT
Year Built 1971
Annual Tax Amount $16,538
Tax Year 2024
Lot Size 8,102 Sqft
Acres 0.19
Lot Dimensions 0.00 x 0.00
Property Description
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!
Location
State NJ
County Burlington
Area Medford Lakes Boro (20321)
Zoning LC
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 25.0
Waterfront N
Water Access N
Roof Type Architectural Shingle
Accessibility Elevator
Total Parking Spaces 25
Garage N
Building
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Medford Lakes Borough Public Schools
Others
Tax ID 21-10035 01-00003 02
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard