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3-Unit Office Condo Opportunity
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767-769 E Rte 70, Evesham, NJ 08053

Three office condo units are offered for sale, with public water and sewer services in place.

Property Size10,700 SF
Days on Market915

Property Features for 767-769 E Rte 70

General Information

Standard status Active
Size 10,700 SF
Property subtype OFFICE
Zoning C-1

Additional Details

Utilities to Site Yes
Multifamily Units 3

Building Details

Tenancy Multi
Listing Agency: NAI Mertz - Corporate
Listed By: Rebecca Ting · License #8534982
Source: Moodyscre
Added: Apr 27, 2024 Changed: Oct 25 Last Checked: Oct 26 at 4:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Mertz - Corporate

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Investment Insights

Based on property information with market context.

This offering consists of a 3-unit office condo configuration. Unit 100 provides 6,065 square feet and is currently owner occupied, with the space noted as divisible. Units B101 and B102 are separately sized at 3,100 square feet and 1,535 square feet respectively.

The property is located at 767-769 E Rte 70 in Evesham, New Jersey, and is carried under Block 19.01; Lot 3. Zoning is listed as C-1.

Utilities noted include public water and sewer, along with gas and electric. The 2024 budgeted annual condo fees are $25,154.50, and 2023 real estate taxes are $33,264.

Key Highlights

  • 3‑unit office condo with public water and sewer, plus gas and electric services
  • Unit 100: 6,065 SF (divisible); currently owner occupied with option to lease back or vacate
  • Unit B101: 3,100 SF leased to the State of New Jersey

Property Analytics

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Current Use

Office Units

Lease Details

3
Residential units
Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,286
Businesses Nearby

Demographics for 08053, NJ

46,826
Population
20,090
Households
2.3
Avg Household Size
43
Median Age
53%
College-Educated
98%
High-School Grad
29.2 sq mi
ZIP Area
1,604
Density / Sq Mi
$116,745
Median Household Income
$67,439
Median Earnings
$1,939
Median Rent
$368,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Three office condo units are offered for sale, with public water and sewer services in place.
Where is this office unit located?
The property is located at 767-769 E Rte 70 Evesham, NJ.
What are key features of this property?
This property features: 3‑unit office condo with public water and sewer, plus gas and electric services; Unit 100: 6,065 SF (divisible); currently owner occupied with option to lease back or vacate; Unit B101: 3,100 SF leased to the State of New Jersey
(609) 314-1435 Call to check price and availability
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