618 Stokes RdMedford, NJ 08055
- Other commercial real estate
- 2,241 SF
Property Details for 618 Stokes Rd
- Year built
- 1947
- Construction
- FRAME
- Lot size
- 0.46 AC
- Property size (Sq ft)
- 2,241 SF
- Zone code
- CC
- Property type
- Other commercial real estate
- APN
- 20 04801- 01-00020
- APU
- 20048010100020
Description
This exceptional 3,320 square foot office building is ideally situated in Medford's thriving business district, offering versatile commercial/retail potential. The property boasts 11 rooms, including a spacious 1079 square foot basement providing ample storage. A striking foyer with double casement windows welcomes you, leading to a thoughtfully designed layout. The first floor features multiple offices of varying sizes, each with recessed lighting, solid wood doors, carpeting, and abundant natural light from numerous casement windows. A convenient kitchenette/office area is also included. Upstairs, a reception area flows into a well-appointed second floor with additional offices, including a sizable executive office with vaulted ceilings and skylights. Two powder rooms serve both floors. The basement offers five separate storage areas totaling 1079 square feet. The 0.46-acre lot provides convenient parking. This prime location on Stokes Road offers unparalleled access to major roadways including I-295, Routes 38, 206, 73, 70, the PA & NJ Turnpikes, and the Atlantic City Expressway, placing it within easy reach of Philadelphia (approximately 30 minutes), the Jersey Shore (under an hour), and New York City (90 miles). Proximity to major bridges, airports (Philadelphia International and Atlantic City International), and first-class medical facilities further enhances its desirability. The surrounding area features high-income developments, ensuring a strong and affluent demographic base. This is a rare opportunity to acquire a highly sought-after property in a premier business location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $578,745
- Hospitality
- $530,128
- Educational
- $441,060
- Medical
- $456,229
- Retail
- $686,093
Location Insight
- City
- Medford
- County
- Burlington
- State
- New Jersey
- Latitude
- 39.8728
- Longitude
- -74.8125
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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