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304 Newton Ave
Oaklyn, NJ 08107 Cherry Hill/Haddonfield

$875,000 USD

Office For Sale  •  7,500 SF

Property Details

  • Property Type Office
  • Total Building Size 7,500 SF
  • Lot Size 0.35 AC
  • Building Class C
  • Year Built 1951
  • Cap Rate 8.15 %
  • Tenancy Multiple
  • Zoning office
30 Transit Score
60 Walk Score

Highlights

Situated in Oaklyn, NJ, just off the White Horse Pike and close to exits 3 & 4 of the NJ Turnpike, with easy access to Philadelphia.
Bottom floor recently remodeled, offering immediate potential for additional income from two vacancies.
Includes three storage units in the rear of the property, adding extra rental income.
Large parking area available for tenants and clients, enhancing accessibility and convenience.
Tenants with over 10 years of occupancy, demonstrating stability and reliability in rental income.
7,400 sq. ft. of office space, almost fully tenanted by long-term, reliable tenants including a telehealth/wellness center and accounting firm.
Cap Rate: 8.15 %

Amenities

  • 24 Hour Access
  • Kitchen
  • Natural Light
  • Wi-Fi
  • Hardwood Floors

Public Transportation

Commuter RailDriveWalkDistance
Cherry Hill (Atlantic City Line - NJ Transit Commuter Rail (NJ Transit)) 9 min - 4.2 mi
12 min - 6.4 mi
AirportDriveWalkDistance
Philadelphia International 24 min - 12.3 mi
Trenton Mercer 55 min - 37.1 mi
Atlantic City International 79 min - 45.6 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 17
Type: Surface
Included in Rent: Yes
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Jason Benstead 609-870-6909 Berkshire Hathaway Fox & Roach - Devon-Wayne