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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 three office suites are presently leased. This building has a full basement, with each suite having basement storage space, and four independent sump pumps. 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. Owner willing to discuss any offers. Rent rolls and expenses, are available.
| DAYS ON MARKET | 1,759 | LAST UPDATED | 5/18/2024 |
|---|---|---|---|
| YEAR BUILT | 1987 | COMMUNITY | Mount Laurel Twp (20324) |
| COUNTY | BURLINGTON | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| School District | MOUNT LAUREL TOWNSHIP PUBLIC SCHOOLS |
|---|
| PRICE HISTORY | |
| Prior to Nov 29, '23 | $1,150,000 |
|---|---|
| Nov 29, '23 - Today | $1,075,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater |
| AREA | Mount Laurel Twp (20324) |
| CONSTRUCTION | Aluminum Siding, Brick, Vinyl Siding |
| HEAT | Electric, Heat Pump |
| INTERIOR | Private Restrooms |
| LOT | 1.02 acre(s) |
| LOT DIMENSIONS | IRR |
| PARKING | Lighted, Paved, Parking Lot |
| SEWER | Public Sewer |
| STORIES | 2 |
| TAXES | 23677 |
| UTILITIES | Cable Available, Underground Utilities, Water Available, Sewer Available, Electricity Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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