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Medford Prime Commercial Opportunity

638-640 Stokes Rd Medford, NJ 08055

638-640 Stokes Rd, Medford, NJ, 08055
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Two properties on 0.94 acres, ideal for redevelopment or rehabilitation.

Property Size6,250 SF
Lot Size0.94 Acres
Price / SF$159.20
AddedMay 6, 2024
Days on Market801
Last RefreshMay 13 at 8:01 pm

Property Features for 638-640 Stokes Rd

General Information

Standard status
Active
Size
6,250 SF
Lot size
0.94 Acres
Property subtype
Retail

Building Details

Year Built
1979

Listing office KW Realty-Medford

Listing date May 6, 2024

Source Crexi

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 KW Realty-Medford


Investment Insights

Based on property information with market context.

Located on Stokes Road in Medford, this offering presents a rare opportunity to own two properties totaling 0.94 acres (41,077 square feet). The site includes a main commercial building of approximately 4500 square feet and a 1750-square-foot house, previously used as a two-family rental. The commercial building, formerly Angelina Trattori and Lite Bite Restaurant, features a cathedral dining room (646 square feet), a main dining area (1,344 square feet), a serving area (285 square feet), and a kitchen area with expanded space totaling 1,749 square feet, along with freezer and refrigeration areas, and an office. The property is positioned near a high-traffic, signalized intersection with a traffic count averaging over 20,000-25,000 vehicles daily. Zoned CC (Community Commercial), the site allows for many retail and commercial uses, though some may require a variance. Public sewer is available, and public water is accessible. The location offers excellent demographics, surrounded by high-medium household income developments (average $125,748.00). The site's accessibility includes proximity to I-295, Routes 38, 206, 73, 70, the PA & NJ Turnpikes, and the Atlantic City Expressway. It is also close to medical facilities, shopping centers, and other points of interest, with convenient access to Philadelphia and shore points. The property is being sold "as is", with all inspections, certifications, and approvals being the responsibility of the buyer.

Key Highlights

  • Prime commercial location on Stokes Road with high traffic volume and excellent visibility.
  • Large 0.94 acre lot zoned CC (Community Commercial) offering flexibility for retail or professional uses and future growth potential.
  • Two existing buildings: a 4500 sq ft commercial building (former restaurant) and a 1750 sq ft two‑family residential house, providing multiple options.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Auto Repair Shop Hair Salon Big Box & Wholesale Store Auto Parts Store Building Supply Law Firm Storage Facility Restaurant Hotel & Motel Furniture & Home Goods

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

FAQs

What type of property is this?
Retail space - Two properties on 0.94 acres, ideal for redevelopment or rehabilitation.
Where is this retail space located?
The property is located at 638-640 Stokes Rd Medford, NJ.
What is the asking price?
The asking price for this property is $995,000.
What are key features of this property?
This property features: Prime commercial location on Stokes Road with high traffic volume and excellent visibility.; Large 0.94 acre lot zoned CC (Community Commercial) offering flexibility for retail or professional uses and future growth potential.; Two existing buildings: a 4500 sq ft commercial building (former restaurant) and a 1750 sq ft two‑family residential house, providing multiple options.
Contact an agent
(609) 458-3711 Call to check price and availability
More about this property
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