Medford Prime Commercial
638-640 Stokes Rd, Medford, NJ 08055
Two properties on 0.94 acres, ideal for redevelopment or rehabilitation.
Type:Retail
Property size:
6,250 SFLot size:
0.94 AcresPrice / SF:
$159/SF- Added:
- May 6, 2024
- Days on Market:
- 755
- Last Refresh:
- May 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 agent James Moffa License #NJ 901791
Listing office KW Realty-Medford
Listing date May 6, 2024
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of KW Realty-Medford
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.
- Located in an affluent area with high median household income and dense demographics.
- Convenient access to major roadways and proximity to Philadelphia and shore points.
- Close to first‑class medical facilities, high‑end shopping centers and other amenities.
Overview
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.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Medford
- County
- Burlington
- State
- New Jersey
- Longitude
- -74.8113034
- Latitude
- 39.8711864
Nearby Similar for Sale
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.
