A very rare opportunity to own a Victorian Classic on Main Street in Medford, NJ. This stately three story Victorian can be used as a Commercial Office Building or Mixed use. It's present use is two investment apartments, but can be easily transformed to either a mixed use or residential setting. It can be easily customized into many different set-ups: 1. Total Commercial, 2. Two Apartment Units as it is presently set up, or ...3. Mixed use Commercial & a Residential Apt. The first floor has three (3) large rooms/and or offices, full kitchen, and a stunning enclosed finished & heated front glassed porch. One of the few buildings that have an enclosed glass front porch with the original authentic float glass...on Main Street. The floors are authentic hardwood floors...with some areas being tile. The second floor unit has two (2) bedrooms, a multi use room, and full kitchen. There's also two more rooms on the third floor.. which could be used. There's an independent Stairway to the upstairs apartment. Both units have independent entrances, but...are inter connected inside. The utilities are completely separated. There are two new 97.2 percent HTP dual purpose boiler domestic water heater baseboard systems that were installed. The total building has been completely insulated with blown in insulation, foam, etc....for energy efficiency. There's a laundry, floored attic, center hall entrance, basement, street lights, deck, patio, porch. There's a two car garage, ....with plenty of parking space...with additional expansion for additional spaces. This building is perfect for accountants, attorneys, insurance, mortgage companies, sales offices, medical & dental, and many other uses. A very strategic location, right off Route 70, easily accessible, located within the Historic Village Commercial section of Medford, and walking distance to all the business/retail core of Restaurants, Shops & offices. It's also a short distance to many surrounding amenities such as the Promenade Shopping Center, Cherry Hill & Moorestown Malls, many famous restaurants, high end shops, and close proximity to Center Philadelphia and Shore points. Please note the owner has replaced 95% of the electrical wiring. The building is being sold "AS IS"...however, it's in great condition. All inspections, certifications and CO are the responsibility of the buyer. Medford has expanded the scope of permitted commercial uses.
As of today, there are 1 properties listed for sale in ZIP code 08055 and 201 properties listed for sale in the city of Medford, NJ. This property at 83 N Main St in 08055 is currently listed for $299,900. This is 25% below the $399,000 median price for Medford and 52% below the 08055 median of $620,000. Of the 201 properties for sale in Medford, 192 are single family homes and 9 are condos. 83 N Main St is a commercial home that is approximately 2,606 Sqft, 2% below the Medford median of 2,646 and 38% below the 08055 ZIP code median of 4,187. The price per square foot is $115, which is 22% below the median price in 08055 of $148 and 24% below the Medford median of $152 per Sqft.