7 Taunton Lk RdMedford, NJ 08055

Property Details for 7 Taunton Lk Rd

Property size (Sq ft)

4,147 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

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.

Location Insight

City

Medford

County

Burlington

State

New Jersey

Latitude

39.8538

Longitude

-74.8584

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