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    108 Main St Medford, NJ 08055

    For Sale
    $299,000

    Prime Medford Location, Redevelopment Zone

    Property size:
    9,583 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional 9,583 square foot commercial lot presents a unique investment opportunity in the heart of historic Medford, NJ. Situated on a 0.22-acre parcel at 108 S Main Street, this property is ideally located within Medford's designated redevelopment zone, offering significant potential for a wide range of commercial ventures. The vibrant downtown area boasts a thriving mix of established businesses, including popular restaurants, breweries, antique shops, boutiques, fitness studios, and dessert shops, creating a bustling and attractive environment for new businesses. This prime location ensures high visibility and accessibility, attracting a substantial customer base. Prospective buyers are encouraged to conduct their own due diligence and engage with the Medford Township to explore the full spectrum of development possibilities permitted within the redevelopment zone. The possibilities are truly endless, making this an exceptional opportunity to establish a thriving business in a sought-after location. The asking price for this remarkable property is $299,000. Don't miss this chance to become a part of Medford's exciting growth and commercial renaissance. This property offers a blank canvas for your entrepreneurial vision in a dynamic and established community. Act quickly, as opportunities like this are rare.

    Property Features for 108 Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    9,583 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1950
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Medford
    County
    BURLINGTON
    State
    New Jersey
    Longitude
    -74.8238
    Latitude
    39.89446

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Medford Location, Redevelopment Zone
    Where is this commercial real estate located?
    The property is located at 108 Main St Medford, NJ.
    What is the asking price?
    The asking price for this property is $299,000.
    (609) 654-5656
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    108 Main St Medford, NJ 08055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    108 Main St Medford, NJ 08055
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