$949,900

601 Chapel Ave E

CHERRY HILL NJ, 08034

Description

An excellent opportunity for an owner occupant or investor in a fabulous South Jersey location. This office building contains approximately 9,800 SF and is situated on a total of 2.73 acres comprised of 599 Chapel (.43 acres) and 601 Chapel Avenue (2.3 acres) with parking for 35 cars. Existing tenant occupies 3,800 SF and affords an owner occupant the ability to occupy the balance of 6,000 SF or an investor looking to generate cash flow by collecting rent on both spaces. Building is in excellent condition with a new roof installed in 2018. There are four (4) separate HVAC units. In close proximity to major transportation such as Route 295 and the New Jersey Turnpike along with Cuthbert Road, Kings Highway and Route 70.

Details

MLS#NJCD389650
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
Status10000069142
Year1970
Days On Site261

Features

SQ Feet9,770
ZoningCOMMERCIAL
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Area Information
StateNJ
CountyCAMDEN-NJ
CityCHERRY HILL
Zip Code08034
AreaCherry Hill Twp (20409)
Listing VS Median (in 08034)
Price:
$949,900
low | high
Med:
$210,000
100% of Average
SqFt:
9,770
low | high
Med:
1,058
100% of Average
$ / SqFt:
$97
low | high
Med:
$198
54.15043191294% of Average
On Site:
261
low | high
Med:
15
100% of Average
Listing Updated: November 25, 2020 8:56:26 PM PST
Richard D Astrella LogoMLS Number: NJCD389650
Listing Provided By:
Richard D Astrella  of  Drexel Realty Group
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