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Historical Medford Village Commercial Building

MEDFORD, NJ 08055 Medford, NJ 08055

Claim this Listing
Pending
$815,000

SINGLE_FAMILY - MEDFORD, NJ

Property size:
3,500 SF
Added:
Mar 26, 2026
Days on Market:
107
Last Refresh:
Jul 10 at 9:06 pm

Property Features

General Information

Property type
Residential
Property subtype
Other
Standard status
Pending
Size
3,500 SF

Building Details

Year built
1950

Listing agent Andrea Levas

Listing office BHHS Fox & Roach Medford NJ

Listing date Mar 26, 2026

MLS# NJBL2108224

Copyright © 2026 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This 3,500 SF landmark historical commercial building is located in the heart of Medford Village. Formerly the Old Medford NJ passenger train station, it was once used as Municipal offices and the HQ for Medford Police. The property is currently configured as a medical office. The first level features 8 patient rooms, a waiting area, check-in desk, administrative offices, and restrooms. The second level includes a break room, additional administrative space, a conference room, storage area, and restrooms. The property offers a flexible layout, ample on-site parking, and excellent visibility. It is conveniently located near major highways and Main Street amenities. The property is ideal for medical, professional, or office use. This building presents an opportunity to run your business in one of Medford Village's charming historical buildings.

Key Highlights

  • Landmark historical building in the heart of Medford Village.
  • 3,500 SF property with a flexible layout suitable for medical, professional, or office use.
  • Ample on‑site parking and excellent visibility.

Local Financial Insights For Healthcare Medical

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $87.4k $24.96
− Vacancy −$6.3k −$1.80
EGI $81.1k $23.16
− OpEx −$32.4k −$9.27
NOI $48.6k $13.90
3,500 SF · lease $24.96/SF/yr · vacancy 7.20% · expense 40.00%

Alternative Uses

Best Use
Healthcare Medical
$694.9K
$608.0K – $810.7K (±1% cap)
NOI $48,642 @ 7.0% cap · market cap 5.97%
Second Best
Office B
$448.6K
$392.5K – $523.3K (±1% cap)
NOI $31,399 @ 7.0% cap · market cap 3.85%
Theoretical Best
Warehouse
$7.32M
$6.41M – $8.54M (±1% cap)
NOI $512,413 @ 7.0% cap · market cap 62.87%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Similar Off Market Nearby

  • Exclusively Cats Medical Center of Medford — 4 Chester Ave, Medford, NJ 08055

FAQs

What type of property is this?
Medical Office Space - Landmark building in Medford Village, ideal for medical or office.
Where is this medical office space located?
The property is located at Medford, NJ.
What is the asking price?
The asking price for this property is $815,000.
What are key features of this property?
This property features: Landmark historical building in the heart of Medford Village.; 3,500 SF property with a flexible layout suitable for medical, professional, or office use.; Ample on‑site parking and excellent visibility.
Contact an agent
More about this property
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