For Sale
$699,000

7 Taunton Lk RdMedford, NJ 08055

High-Occupancy Auto Shop in Medford, NJ

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a fully occupied, single-story retail auto shop building situated on a 0.58-acre lot in the thriving town of Medford, New Jersey, bordering Evesham. The property, located at 7 Taunton Lake Rd, Medford, NJ 08055, boasts 4,147 square feet of space, currently operating at 100% occupancy, offering immediate and substantial cash flow. The building is classified as Class B and features a newly installed 50-year silicone roof (2023), minimizing future maintenance costs. The asking price is $699,000, translating to a price per square foot of $168.56. This stabilized investment property presents a rare opportunity to acquire a well-maintained, high-performing asset in a desirable location. The multi-tenancy structure provides diversification and potential for future growth. The property's prime location within Medford, a prominent town in Burlington County, ensures high visibility and accessibility for customers. This is an ideal acquisition for investors seeking a stable, income-generating property with significant long-term potential. The property's strong occupancy rate and recent roof installation contribute to its overall value and attractiveness. This is a turnkey investment ready for immediate returns.

Highlights

  • $699,000 asking price for a stabilized investment property.
  • 4,147 square foot retail building, Class B, multi-tenant, 100% occupied.
  • Located at 7 Taunton Lake Rd, Medford, NJ 08055, on a 0.58-acre lot.
  • Features a new 50-year silicone roof (2023).
  • Single-story auto shop in a prime Medford location, bordering Evesham.

Property Details for 7 Taunton Lk Rd

Property type
Retail properties, Auto shops
Square Feet
4,147 SF
Class
B
Buildings
1

Location Insight

City
Medford
County
Burlington
State
New Jersey
Latitude
39.85378
Longitude
-74.8584116
7 Taunton Lk Rd, Medford, New Jersey

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7 Taunton Lk Rd
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