Medford, NJ 08055,16 S MAIN ST
Medford, NJ 08055,16 S MAIN ST
Medford, NJ 08055,16 S MAIN ST
Medford, NJ 08055,16 S MAIN ST
Medford, NJ 08055,16 S MAIN ST
Medford, NJ 08055,16 S MAIN ST
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$175,000

$335,000

47.8%
Est.Price: ?

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Est. payment /mo

2,000 SqFt


SOLD DATE : 05/17/2019

Key Details

Sold Price $175,000

Property Type Commercial

Sub Type Retail

Listing Status Sold

Purchase Type For Sale

Square Footage 2,000 sqft

Price per Sqft $87

Subdivision Medford Village

MLS Listing ID 1004302403

Sold Date 05/17/19

HOA Y/N N

Originating Board TREND

Year Built 1867

Annual Tax Amount $5,531

Tax Year 2018

Lot Size 2,627 Sqft

Acres 0.06

Lot Dimensions 23.5X126.90

Property Description

16 S Main - A rare opportunity to own this Historic Structure 16 & 18 South Main Street(Est. 2000 Sq. Ft.) presently has two independent buildings, separated only by a wall, but can be joined very easily for access to both sides. 16 S. Main presently houses Refined On Main...which is out of business. Basement access is through #16 S. Main which also houses all utilities for the two Buildings. 18 South Main, was previously a gift shop, and LuLu's Luncheonette. First, the front of the store can be rented. Second, there's a another three room area in the back of the store that could be rented. Third, there's a 2 Bedroom Apartment upstairs that generated $1450.00 per month. Fourth,..16 S. Main can be rented out, ...and, finally, there's a garage that could be rented. It has one spacious room on the main level, and a staircase to the second level where there's another room. There's also a back area where some tables and chairs could placed. Owner is selling both units together. The Historic Building Falls Under Reg. 413 "HVC" Historic Village Commercial & the following uses allowed include: Shops, Retail, Clubs/Lodges, General Offices, & many other uses. Medford has expanded the scope of permitted retail and commercial uses (See Ordinance 2012-14). Prime location & easily accessible. This property is priced right, & won't last long. Excellent for owner occupancy, & provides several options from an investment standpoint. Very heavy traffic volume. Located in the business/retail core of restaurants, shops, and offices. Parking on site, off street, & public parking lot directly across the street & parking in rear. If you want to own a historic building on Main in Medford, NJ, this is priced right. Located in the center of Prestigious Medford Historic Village, NJ... directly down the street from the newly open Pop Shop. Three (3) blocks to Route 70 & close to 295 Interchanges, Routes 73, 38, 206...and, the NJ Turnpike. 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....and, easy access to shore points. Both 16 Main & 18 Main must be sold together...no exceptions. Being sold "AS IS. There has been many upgrades done to the building.

Location

State NJ

County Burlington

Area Medford Twp (20320)

Zoning HVC

Rooms

Other Rooms Primary Bedroom

Interior

Hot Water Natural Gas

Cooling Central A/C

Flooring Tile/Brick, 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, Above Ground

Waterfront N

Water Access N

Roof Type Pitched,Shingle

Street Surface US Highway/Interstate,Other

Accessibility None

Road Frontage Boro/Township, State

Parking Type Parking Lot

Garage N

Building

Building Description Paneled Walls,Other,Plaster Walls, Ceiling Fans,Column Spacing,Display Window,Fire Alarm,Security Lighting,Security System,Shelving

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Paneled Walls,Other,Plaster Walls

New Construction N

Schools

School District Medford Township Public Schools

Others

Tax ID 20-01707-00005

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Conventional

Listing Terms Conventional

Financing Conventional

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by James L Moffa • Keller Williams Realty - Marlton
Bought with Melissa S Young • BHHS Fox & Roach-Moorestown
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