1515 Woodbury Glassboro Rd Wenonah, NJ 08090
This exceptional 3,964 square foot medical office building, formerly a bank, is situated on a 2.64-acre lot at the highly visible intersection of Woodbury Glassboro Road (County Road 553) and Mantua Avenue in Wenonah, New Jersey. The property boasts a pristine stone façade and offers ample parking with approximately 28 spaces. Recent renovations include new front windows, ceilings, and flooring, along with a resealed parking lot. The building is delivered "as is," vacant, and free of any existing tenancies. The property is zoned PO (Professional Office) and benefits from full ingress and egress from both roads. Note that the deed will include a two-year restriction against use as a financial institution. The surrounding area features residential communities, a private recreation club, and is suitable for a variety of professional office or medical uses. The property's size and location make it an ideal investment opportunity. Potential uses include a single-family detached dwelling or a two-family dwelling (conversion only).
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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