Pennsauken, NJ 08109,5305 MARLTON PIKE
Pennsauken, NJ 08109,5305 MARLTON PIKE
Pennsauken, NJ 08109,5305 MARLTON PIKE
54
Listed by James L Moffa • Keller Williams Realty - Marlton
Bought with Ripalkumar H Patel • BHHS Fox & Roach-Southampton
$800,000
$915,000
12.6%
Est.Price: ?

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0.83 Acres Lot

5305 MARLTON PIKE Pennsauken, NJ 08109

Est. payment /mo
SOLD DATE : 09/29/2021

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Key Details

Sold Price $800,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

MLS Listing ID NJCD345490

Sold Date 09/29/21

HOA Y/N N

Year Built 1952

Annual Tax Amount $29,165

Tax Year 2020

Lot Size 0.833 Acres

Acres 0.83

Property Sub-Type Office

Source BRIGHT

Property Description

A very rare opportunity to own three units on Route 70 -- Marlton Pike. Total Estimated Square footage is 20,665. The main building actually has 10,165 SF of Space on the first floor, with another 6000 sq. foot in the basement. The main building is presently occupied by the owner... Kushner Draperies....with it's Sales offices, Design, Showroom, wood shop, manufacturing and storage. The company is planning to downsize their operations. With this comes two income producing leased suites. The first unit is leased as a Smoke Shop-- named Flavor, and the second is Body Graphics Artistic Studio....both are in excellent condition, You can determine that by looking at the photos. There's a new heating system in the former unit. These two additional units are leased as follows (One is 2000SF, which rents for $1900.00 per month, and a second 2500SF Unit that rents for $2500.00. Leases are active and in force and expire in 2021 & 2022. This space could be redeveloped, or used for many commercial applications. A very strategic location, easily accessible, a short distance to the Center Philadelphia, and, surrounding amenities such as the Cherry Hill Mall, business districts, restaurants. It's in close proximity to NJ Interstates 295, and PA 95, and NJ Turnpike. It's also about an hours+ drive to shore points. in addition to easy access to Routes 38, 70, & 73. You are literally minutes from the Ben Franklin and Walt Whitman bridges. The owner is selling the property "AS IS". All inspections, certifications, municipal approvals are completely on the buyer. The Seller will assist in obtaining such if need be.

Location

State NJ

County Camden

Area Pennsauken Twp (20427)

Zoning COM

Interior

Hot Water Electric

Heating Forced Air

Cooling Central A/C

Flooring 3000+ PSI, Ceramic Tile, Wood, Other

Heat Source Oil

Exterior

Garage Spaces 15.0

Water Access N

Roof Type Rubber

Accessibility 2+ Access Exits, 36\"+ wide Halls, Level Entry - Main

Total Parking Spaces 15

Garage N

Building

Foundation Block

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Pennsauken Township Public Schools

Others

Tax ID 27-06102-00003 01

Ownership Fee Simple

Security Features Security System

Acceptable Financing Cash, Conventional, Joint Venture

Listing Terms Cash, Conventional, Joint Venture

Financing Cash,Conventional,Joint Venture

Special Listing Condition Standard

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Bright MLS (BMLS)

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Brian Colonna

Brian Colonna

+1(609) 364-6466

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