638- Stokes Rd Medford, NJ 08055

This is a rare opportunity to own two properties on Stokes Road in Medford. The site totals 0.94 acres (41,077 square feet of land) and presents a developer's dream with incredible potential for investors, owner-occupiers, or developers. The buildings are the last prime commercial site locations presently available on Stokes Road, situated in one of the most strategically based business districts in Medford Township. The main commercial building, previously known as Angelina Trattori and the Lite Bite Restaurant, is approximately 4500 square feet and includes a cathedral dining room (estimated 646 square feet), a main dining room area (estimated 1,344 square feet), a serving area (estimated 285 square feet), a kitchen area (estimated 924 square feet), and an expanded kitchen area (estimated 825 square feet). It also features three freezer refrigeration areas, an office, and an entrance lobby. The property could be completely rehabilitated or demolished to fit one's requirements, or the complete site could be developed. The residential house is an estimated 1750 square feet and was previously a two-family rental property, offering additional income potential or a live-in owner opportunity with a second business on the first floor. The property has a well and public sewer, with public water available. Positioned near a high-traffic volume signalized intersection with an average traffic count of over 20,000-25,000 vehicles per day, the location offers excellent exposure. The area features dense and affluent demographics, surrounded by high medium household income developments (average $125,748.00). The zoning is CC (Community Commercial), allowing many retail and commercial uses, though a variance may be needed depending upon the use. The location is close to first-class medical facilities and offers access to numerous points of interest. Medford’s accessibility includes I-295, Routes 38, 206, 73, 70, PA and NJ Turnpikes, and the Atlantic City Expressway, with close proximity to center Philadelphia and Shore points. It is also near the Promenade Shopping center and minutes away from the Cherry Hill and Moorestown Malls, the Marketplace at Garden State, and Centerton Square/Moorestown.