For Sale
$750,000

101 Taunton RdMedford, NJ 08055

9,000 SF Vacant Retail Building, Medford, NJ

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional retail property, located at 101 Taunton Rd in Medford, New Jersey, presents a compelling investment opportunity. The 9,000 square foot building, featuring approximately 5,600 square feet on the ground floor, boasts a highly visible location with dual road access from Taunton and Tuckerton Roads. Its strategic position provides convenient access to surrounding neighborhoods including Medford, Marlton, Evesham Township, Medford Lakes, Shamong, and Tabernacle. The property is zoned CC-Community Commercial and is also situated within Medford Township's Redevelopment Zone. The building sits on a 0.64-acre lot and is currently vacant, with an occupancy date of February 29, 2024. The asking price is $750,000, translating to $83.33 per square foot. 2023 real estate taxes totaled $16,590. This versatile space is suitable for a variety of retail uses, including convenience stores, quick-service restaurants, and storefronts, making it an ideal investment for discerning buyers seeking high visibility and convenient access to a thriving community. The property offers significant potential for growth and return on investment.

Highlights

  • $750,000 asking price for this vacant retail property.
  • 9,000 square foot building on a 0.64-acre lot in Medford, NJ.
  • Located at 101 Taunton Rd, with dual road access and high visibility.
  • Zoned CC-Community Commercial, also in Medford Township Redevelopment Zone.
  • 2023 Real Estate Taxes: $16,590.
  • 4% commission to broker.

Property Details for 101 Taunton Rd

Property type
Retail properties, Retail space
Square Feet
9,000 SF
Lot Size (sq. ft)
27,878 SF
Units
1

Location Insight

City
Medford
County
Burlington
State
New Jersey
Latitude
39.870349285357
Longitude
-74.844192996551
101 Taunton Rd, Medford, New Jersey

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101 Taunton Rd
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