MLS® ID: NJCD345490
5305 MARLTON PIKE
PENNSAUKEN, New Jersey, 08109 $965,000
A very rare opportunity to own three units on Route 70 -- Marlton Pike. Total Estimated Square footage is 20,665. The main building actually has 10,165 SF of Space on the first floor, with another 6000 sq. foot in the basement. The main building is presently occupied by the owner... Kushner Draperies....with it's Sales offices, Design, Showroom, wood shop, manufacturing and storage. The company is planning to downsize their operations. With this comes two income producing leased suites. The first unit is leased as a Smoke Shop-- named Flavor, and the second is Body Graphics Artistic Studio....both are in excellent condition, You can determine that by looking at the photos. There's a new heating system in the former unit. These two additional units are leased as follows (One is 2000SF, which rents for $1900.00 per month, and a second 2500SF Unit that rents for $2500.00. Leases are active and in force and expire in 2021 & 2022. This space could be redeveloped, or used for many commercial applications. A very strategic location, easily accessible, a short distance to the Center Philadelphia, and, surrounding amenities such as the Cherry Hill Mall, business districts, restaurants. It's in close proximity to NJ Interstates 295, and PA 95, and NJ Turnpike. It's also about an hours+ drive to shore points. in addition to easy access to Routes 38, 70, & 73. You are literally minutes from the Ben Franklin and Walt Whitman bridges. The owner is selling the property "AS IS". All inspections, certifications, municipal approvals are completely on the buyer. The Seller will assist in obtaining such if need be.