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Key Details
Sold Price $3,155,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
Subdivision Haddonfield Border
MLS Listing ID 1003052384
Sold Date 09/20/15
HOA Y/N N
Originating Board TREND
Year Built 1964
Annual Tax Amount $85,260
Tax Year 2015
Lot Size 4.726 Acres
Acres 4.73
Lot Dimensions 147X140
Property Description
Two story 97% occupied medical office building for sale, leases available upon request. Zoned 4A Commercial. Parking ratio is 5 for every car, 120 spaces total. The largest tenant on the first floor is currently renewing the lease but it is not reflected in the pro forma. The landlord has the option to increase tenant's rent by 20% upon renewal. The market should absorb the rent increase as current rents are under market. Maintenance of the property is excellent although one or two HVAC units may require replacement. Located in affluent down town Haddonfield.
Location
State NJ
County Camden
Area Haddonfield Boro (20417)
Zoning COMM
Rooms
Other Rooms Master Bedroom
Interior
Fireplace N
Exterior
Water Access N
Roof Type Shingle
Road Frontage Boro/Township
Garage N
Building
New Construction N
Schools
School District Haddonfield Borough Public Schools
Others
Tax ID 17-00011 18-00003
Ownership Fee Simple
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Bought with Adam D Rose • Rose Commercial Real Estate
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