UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJBL2098060
Year Built 1894
Annual Tax Amount $7,547
Tax Year 2003
Lot Size 1.385 Acres
Acres 1.39
Property Sub-Type Retail
Source BRIGHT
Property Description
Investor & Developer Opportunity – Signalized Corner Commercial Site
Rare opportunity to acquire a 1.38-acre mixed-use commercial property positioned at a high-traffic, signalized intersection at Ark Road and Marine Highway, directly across from Dunkin' Donuts. The business operating on-site is not for sale; the offering is for the real estate only.
The property is improved with a two-story commercial building, multiple accessory structures, full basement storage, and a sizable second-floor apartment that cannot be rent as per the township. The site also features ample off-street parking, supporting a wide range of commercial or mixed-use redevelopment strategies.
Zoned Industrial District, the parcel allows for numerous by-right uses including office, medical, retail, restaurant, banking, daycare/preschool, convenience store, and contractor or landscaping operations. This flexible zoning, combined with strong visibility and access, positions the site well for repositioning, adaptive reuse, or long-term redevelopment.
From an investment standpoint, the property offers multiple value-add paths, including lease-up of commercial space or redevelopment into a higher-density or alternative commercial use, subject to approvals. Proximity to Routes 38 and 295 enhances regional connectivity and supports sustained tenant demand.
Whether targeting near-term cash flow with upside, a redevelopment play in an active corridor, or a strategic land hold, this asset presents a compelling opportunity.
Location
State NJ
County Burlington
Area Mount Laurel Twp (20324)
Zoning IND
Interior
Hot Water Electric
Heating Forced Air, Central
Cooling Central A/C
Flooring Wood, Vinyl
Heat Source Propane - Owned
Exterior
Garage Spaces 25.0
Utilities Available Natural Gas Available, Propane
Water Access N
Roof Type Pitched,Shingle
Street Surface US Highway/Interstate
Accessibility None
Road Frontage Boro/Township
Total Parking Spaces 25
Garage N
Building
Lot Description Cleared, Level, Rear Yard
Foundation Stone
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Lenape Regional High
Others
Tax ID 24-00301 21-00035
Ownership Fee Simple
Acceptable Financing Conventional, Negotiable
Listing Terms Conventional, Negotiable
Financing Conventional,Negotiable
Special Listing Condition Standard
Nearby School & Business
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