Listed By:
Keller Williams Realty - Marlton
Address
3201 Route 38, Mount Laurel, NJ
Price
$ 1,075,000
Property Attributes
  • MLS#NJBL384540
  • TypeCommercial
  • CountyBURLINGTON
  • CityMount Laurel
  • AreaMount Laurel Twp
  • Zip08054
  • StyleInstitutional,Medical
  • Year Built1987
  • Taxes$ 22785
  • Price$ 1,075,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage8000
  • Lot Size1.02 Acres
Data Source:
Bright MLS
Property Description

Rare opportunity to own an 8 Suite Professional Office Building on Route 38, in Mt. Laurel. It's strategically positioned next to the Larchmont Shopping Center, just past the traffic light with a very busy highway exposure, high visibility... and, easy access. There are 8 units, each with one restroom, of which five office suites are presently leased. This building has a full basement, with each suite having basement storage space. The condition of the overall building is above average. Everything in this complex meets or exceeds code. Each unit is independently metered. Each tenant pays for their own electric, cable and for a percentage of water and sewer. Presently an excellent opportunity to own, occupy or invest. Provides great visibility for signage. The location is a very short distance to many surrounding amenities such as the Centerton Square Shopping Center, Promenade Shopping Center, Cherry Hill & Moorestown Malls, many famous Restaurants, High End Shops, and close proximity to Center Philadelphia & Shore Points. Easy access and short distances to Route 70, 73, 38, & 206, Interstate 295, NJ Turnpike & Atlantic City Expressway.

Price History
10/27/2020 Listed $1,150,000
11/29/2023 7% - $1,075,000

General Features

Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Utilities Water Available,Sewer Available,Electric Available,Phone,Cable TV Available,Under Ground
Possession Immediate
Roof Pitched,Shingle
Zoning COM
Construction Materials Aluminum Siding,Vinyl Siding,Brick,CPVC/PVC,Copper Plumbing
Year Built 1987
Electric 200+ Amp Service,Circuit Breakers
Tenant Pays Electricity,Heat,Water,Sewer,Hot Water,Insurance
Property SubType Office
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Business Type Institutional,Medical
Accessibility None
County BURLINGTON
New Construction No
Property Type Commercial Sale
Water Access Y/N No
Building Features Private Restrooms
Status ACTIVE
Directions Route 38 West,Past Larchmont Blvd.,PIQ on right hand side.
ModificationTimestamp 2024-04-08T21:21:25
City MOUNT LAUREL
Buyer Agent Compensation 2.5
Total Units 8
MLS Area Mount Laurel Twp (20324)
Lot Size Square Feet 44301.00
Tax Assessed Value 1055600.0
Waterfront Y/N No
Street Name ROUTE 38
Tax Annual Amount 22785.0
Price Per Sq Ft 134.38
Acceptable Financing Conventional,Other
Historic Y/N No
Vacation Rental Y/N No
Days on Market 1283
Location Type Suburban
Standard Status Active
Year Built Source Estimated
Tax Lot 26
Buyer Agent Compensation Type % Of Gross

Interior Features

Heating Fuel Electric
Flooring Tile/Brick,Carpet,Vinyl
Hot Water Electric
Total Stories 2
Heating Y/N Yes
Central Air Y/N Yes

Exterior Features

Parking Features Paved Parking,Handicap Parking,Lighted Parking
Water Source Public
Total Parking Spaces 30
Type of Parking Parking Lot
Traffic Count 15000-19999
Foundation Details Concrete Perimeter,Brick/Mortar
Water View Y/N No
Building Area Total 8000.00
Lot Dimensions IRR
Lot Size Acres 1.02
Lot Size Units Square Feet
Lot Size Source Assessor
Road Responsibility State
Land Assessed Value 605100.00
Navigable Water Y/N No
Water Oriented Y/N No
Fencing Y/N No
Car Parking Spaces 25

Room Details

Room Dimensions Level Flooring Details
Primary Bedroom Unspecified

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 08054

Price
AVG $180K
$1.08M
Taxes
AVG $22,785
$22,785
Visits
AVG 500
904
Data Provided by Inside Real Estate®
Year Built
AVG 1947
1987
Walkscore
AVG 52
54
Data Provided by Walkscore® not using MLS data

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