Address
5305 Marlton Pike Pennsauken, NJ
Price
$ 915,000
Property Attributes
  • MLS#NJCD345490
  • TypeCommercial
  • CountyCAMDEN
  • CityPennsauken
  • AreaPennsauken Twp
  • Zip08109
  • StyleShopping Center,Storage,Medical,Bed and Breakfast
  • Year Built1952
  • Taxes29165
  • Price$ 915,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16000
  • Lot Size0.83 Acres
Listing Provided Courtesy Of:
Keller Williams Realty - Marlton
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.

Price History
2/14/2019 Listed $975,000
8/8/2019 2% - $965,000
1/23/2020 6% - $915,000

General Features

Acceptable Financing Cash, Conventional, Joint Venture
Accessibility 2+ Access Exits, 36 + wide Halls, Level Entry - Main
Business Type Shopping Center, Storage, Medical, Bed and Breakfast
Construction Materials Block
Cool Fuel Electric
Cooling Central A/C
County CAMDEN
Flooring 3000+ PSI, Ceramic Tile, Wood, Other
Heating Forced Air
Historic Y/N No
MLS Area Pennsauken Twp (20427)
New Construction No
Ownership Fee Simple
Possession 90-120 Days CD
Price Per Sq Ft 62.39
Property SubType Office
Property Type Commercial Sale
PropertyCondition Good, Major Rehab Needed
Real Estate Owned Y/N No
Roof Rubber
Security Features Security System
Sewer Public Sewer
Tax Annual Amount 29165.0
Tax Lot 00003 01
Tax Year 2020
Vacation Rental Y/N No
Water Access Y/N No
Zoning COM

Interior Features

Central Air Y/N Yes
Clear Span Ceiling Height 15' to 18'
Heating Fuel Oil
Heating Y/N Yes
Hot Water Electric
Total Restrooms 3

Exterior Features

Building Area Total 14665.00
Car Parking Spaces 10
Fencing Y/n No
Foundation Details Block
Lot Size Acres 0.83
Lot Size Source Estimated
Lot Size Square Feet 36300.00
Navigable Water Y/N No
Total Parking Spaces 15
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08109

Price
AVG $330K
$920K
Taxes
AVG $13,449
$29,165
Visits
AVG 83
228
Year Built
AVG 1956
1952
Walkscore
AVG 67
64
Data Provided by Walkscore ® not using MLS data

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