1000 Berlin Rd
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1000 Berlin Rd
3,000 SF Office Building Cherry Hill, NJ 08034 £778,538 (£260/SF) 2.98% Net Initial Yield
Investment Highlights
- One of the best priced cherry hill properties on a busy corner just off 295!
Executive Summary
Live in professional office on the hill in affluent section of Cherry Hill/Haddonfield. This oversized corner location is at a traffic controlled intersection with ample parking and numerous upgrades. One of the best strategic affluent locations in cherry hill -Haddonfield area located at a on a busy traffic controlled intersection corner just off 295! Exit 32. Well maintained unique Live in professional opportunity in upscale area bordering haddonfield cherry hill on a main corridor. Zoned live in professional with Oversized parcel offering room to expand.
Former 3000 sqft medical office with multiple entrances, oversized corner location and upscale single family estate. Cathedral ceilings numerous security upgrades Large rooms 4 bedrooms 2.5 bathrooms on spacious corner property. Prime location less than 1/2 mile on right from 295and Exit 32. Well maintained spacious 3,000 sqft free standing building on a over-sized premium parcel with significant upgrades
Busy Traffic controlled intersection with bus stop and ample off street parking and more. Zoned live in professional with expanded parking lot. Priced aggressively to sell, bring all reasonable proposals 6099805000. See above Prime location less than 1/2 mile on right from 295
Exit 32 towards Haddonfield at traffic lite on right by Appt only.
Former 3000 sqft medical office with multiple entrances, oversized corner location and upscale single family estate. Cathedral ceilings numerous security upgrades Large rooms 4 bedrooms 2.5 bathrooms on spacious corner property. Prime location less than 1/2 mile on right from 295and Exit 32. Well maintained spacious 3,000 sqft free standing building on a over-sized premium parcel with significant upgrades
Busy Traffic controlled intersection with bus stop and ample off street parking and more. Zoned live in professional with expanded parking lot. Priced aggressively to sell, bring all reasonable proposals 6099805000. See above Prime location less than 1/2 mile on right from 295
Exit 32 towards Haddonfield at traffic lite on right by Appt only.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1964
Price
£778,538
Price Per SF
£260
Net Initial Yield
2.98%
NOI
£23,239
Tenancy
Single
Number of Floors
2
Typical Floor Size
1,500 SF
Building FAR
0.19
Lot Size
0.37 AC
Zoning
LIP - Live in Professional Office
Parking
2 Spaces (0.67 Spaces per 1,000 SF Leased)
Amenities
- Bus Route
- Air Conditioning
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1000 Berlin Rd
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