901 Marlton Pike W Marlton, NJ $ 425,000
901 Marlton Pike W
$ 425,000
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901 Marlton Pike W

Marlton, NJ, 08053
$ 425,000
Baths0.0 Sq 3,475

Monthly Estimate*

$ 2,969

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Studio

Commercial Property for sale in Marlton, NJ

for $425,000. This 3,475 square foot building was built in 1965 on a lot size of 0.55.

Multi-tenant professional office building 85% leased and a possible development opportunity in an exceptional location in Marlton. Offers outstanding visibility on a main business corridor in Evesham Township, Burlington County, New Jersey. Located on heavily traveled Old Marlton Pike, the offshoot of Route 70 just beyond the intersection of N. Cropwell Road. 3,450 SF, 2-story building with ample parking in the C-1 zoning district. C-1 zoning includes such uses as professional office, medical office, retail, banking, day care, restaurant and some specialty uses. The property also falls in the Evesham Crossroads Overlay (EVCO) district which is a redevelopment zone designed to modernize one Marltons main corridors. The site has ingress and egress to both directions of Old Marlton Pike and may have the option for further access points. Evesham Township created the overlay district to encourage development which indicates growth and smart economic development is a priority. Located directly adjacent to the Bridal Garden which fronts to Route 70, this property is currently being utilized as a multi-tenant office building with 6 short term leases in place. Perfect for an investor looking for cash flow, an owner user needing a portion of the space while leasing out the rest, or a developer who can collect income as they go through the approval or assemblage process. Fantastic location. Easy access and short distance to all major highways including NJ Turnpike, Rte 295, Rte 70, Rte 73, Philadelphia and the shore.

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Commercial Active

Price

$ 425,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 12,100

Style

Professional,Medical,Restaurant/Bar,Shopping Cente

Lot Size

0.55

Year Built

1965

Town/City

Marlton

County/Region

Burlington

MLS | Web ID

NJBL2063220

Features
Interior
Heating Fuel Natural Gas
Flooring Carpet
Hot Water Natural Gas
Total Stories 2
Heating Y/N Y
Central Air Y/N Y
Entry Level 1
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General
Sewer On Site Septic
Heating Forced Air
Cooling Central A/C Ductless/Mini-Split
Possession Immediate
Roof Shingle
Zoning C-1
Construction Materials Vinyl Siding Stucco
Year Built 1965
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality EVESHAM TWP
Gross Income 64202.00
Business Type Professional Medical Restaurant/Bar Shopping Center Other/General Retail Hair Salon and Spa Garden Center Day Care Facility
Accessibility 2+ Access Exits
County BURLINGTON
Net Operating Income 36453.00
New Construction N
Property Type Commercial Sale
Possible Use Commercial Distribution Medical/Dental Office Professional Service School Spa Other
Water Access Y/N N
Status ACTIVE
Directions Route 70 East to Old Marlton Pike
City MARLTON
Buyer Agent Compensation 2.5
Zoning Description Commercial
Total Units 0
MLS Area Evesham Twp (20313)
Lot Size Square Feet 23958.00
Waterfront Y/N N
Street Name MARLTON PIKE W
Tax Annual Amount 12100.0
Price Per Sq Ft 123.19
Vacation Rental Y/N N
Days on Market 23
Standard Status Active
Year Built Source Assessor
Tax Lot 00003 02
Cap Rate 8.58
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Lot Features Level Landscaping
Water Source Public
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 3450.00
Lot Dimensions 0.00 x 0.00
Lot Size Acres 0.55
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 220000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 901
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* Excluded Features
List By
Keller Williams Realty

Broker

kfishbein@kw.com

Email

Affordability Calculator

$3,977
Per Month
75%
25%
0%
Monthly Principal & Interest
$2,969
Monthly Property Taxes
$1,008
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2024$425,000 Listed Price

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901 Marlton Pike W, Marlton, NJ, 08053 is a Commercial Property for sale at $425,000 with 3,475 sqft and a lot size of 0.55. 901 Marlton Pike W is a studio with 0.0 baths and was built in 1965. The property's zip code is 08053 which is in Marlton, NJ