14B — April 14 - 27, 2017 — Southern New Jersey — M id A tlantic
Real Estate Journal
S outhern N ew J ersey Office, Retail, Distribution Center, Mixed Use & Residential Redevelopment Opportunities Max Spann to auction Six South Jersey properties P rofessional Office, Re- tail, Distribution Center, Mixed Use and Residen-
tial Redevel- opment Op- portunities in Moorestown and Medford to Cherry Hill and Pine Hill. The former Girl Scouts of Central and
Southern New Jersey’s distri- bution center in Franklin Twp. in Gloucester Cty. is among six South Jersey properties being put on the auction block in May. The properties include a 9,000 s/f mixed used building in Medford, a 7.8-acre commercial tract in Pine Hill, three lots on Kings Highway inMoorestown, a professional office building in Cherry Hill, and a 10 acre tract on Rte. 41 in Deptford. Max Spann has scheduled the multi-parcel auction for Thursday, May 11 at 11 a.m. at the Wyndham Philadelphia - Mount Laurel, 1111 Rte. 73, Mount Laurel, N J. “The time is now to get in on a great investment oppor- tunity in South Jersey,” said Bob Dann, head auctioneer for Max Spann. “Most of the properties are just outside of Philadelphia. The minimum bids are far below the former asking prices and are guaran- teed to sell.” Moorestown In Moorestown, three lots totaling 1.7 acres are being auctioned together. The mini- mum starting bid is $495,000. Two of the lots, which have two houses on them, are located at a signalized intersection at Kings Highway and S. Lenola Rd. The other corners have gas stations and a large bank. There are an average of 9,300 vehicles passing per day on Kings Highway and 15,600 vehicles per day on Lenola Rd. Water, sewer and all utilities are on site. Property previews have been scheduled from 11 to 2 p.m. on Thursday, April 20 and Wednesday, April 26. The property is located at 85-91 Kings Highway, Moorestown, Burlington Cty., NJ 08057 Medford A 9,000 square foot building in Medford being auctioned by order of the bankruptcy court offers a perfect redevelopment opportunity. The 0.7-acre prop- erty has ample parking and
In Moorestown, three lots totaling 1.7 acres
Mixed used building in Medford
7.8-acre commercial lot in Pine Hill
2,300 s/f professional office with an adjacent apartment in Cherry Hill
Distribution Center in Newfield
Property previews have been scheduled from 11 a.m. to 2 p.m. Thursday, April 20 and Wednesday, April 26. The property is located at 305 & 315 W. Branch Ave., Pine Hill, Camden Cty., NJ. Cherry Hill A 2,300 s/f professional of- fice with an adjacent apart- ment has a minimum bid of $175,000. The building, perfect for professional, medical or residential conversion, sits on a 75-foot by 150-foot lot with ample parking and an average of 8,673 vehicles passing per day on the main thoroughfare to Haddonfield. “The property offers a mixed- use opportunity for the owner- investor to grow the business in the front half of the building, while collecting residential rental income from the back half,” Dann said. Property previews have been scheduled for 11 a.m. to 2 p.m. on Thursday, April 20 and Wednesday, April 26. The property is located at 816 Kings Highway South, Cherry Hill,
138 feet of frontage with water, sewer and utilities on site. It can also be redeveloped into mixed use or multi-family. Medford is a quaint-Norman Rockwell country town with restaurants, coffee shop, bou- tiques and a “Main St. USA” downtown. It is close to the NJ Tpke. , Rtes. I-295, 70, 73 and 206. Property previews have been scheduled from 11 to 2 pm. On Thursday, April 20 and Wednesday, April 26. The prop- erty is located at 67 NMain St., Medford, Burlington Cty., NJ. Pine Hill A 7.8-acre commercial lot in Pine Hill has a minimum bid of $125,000. The property, is in a limited business district that also allows for residential development, has 625 feet of frontage along W. Branch Ave. with an average 7,700 vehicles passing by every day. Located around the corner from the Trump National and Pine Val- ley golf courses, the property has water, sewer and utilities on site.
10-acre lot in Deptford
Camden Cty., NJ.
Deptford Bidding on a 10-acre lot in Deptford, which was previously listed for $1.25 million, is start- ing at $285,000. The property, located in business center (BC) zoning that allows for office and retail uses, is on a stretch of Rte. 41 with more than 12,600 average vehicles per day. Final approvals are in place for a three-phase development. Wa- ter, sewer and all utilities are on-site and partial grading has been completed. Property previews are sched- uled for noon to 2 p.m. on Thurs., April 13 and Friday, April 21. The property is located at 1745 Rte.41 (Hurffville Rd.), Deptford Twp., Gloucester Cty. To take the next step, call 888-299-1438 for the property information package. For more information about this and oth- er Max Spann’s auctions, visit maxspann.com, or follow Max Spann on Facebook/MaxSpann and Twitter/MaxSpann. n
Newfield (Franklin Twp.)
The former Girl Scouts of Central and Southern NJ Dis- tribution Center in Newfield (Franklin Twp.) offers an op- portunity for a service company or regional distributor. The property features a re- tail store, a heated 30-foot by 42-foot warehouse/garage, a 55-foot by 35-foot assembly/ multiuse room, nine offices, two meeting rooms, and a kitchen/break room – all in excellent condition. The winning bidder could also subdivide the wooded property into two 20-acre resi- dential lots that could be devel- oped for estate homes. The property previews are from 11 a.m. to 2 p.m. Thurs- day, April 20 and Wednesday, April 26. The property is lo- cated at 2944 Victoria Ave., Newfield (Franklin Twp.), Gloucester Cty., NJ.
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