183 S White Horse Pike Berlin, NJ $ 394,950
183 S White Horse Pike
$ 394,950
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183 S White Horse Pike

Berlin, NJ, 08009
$ 394,950
Baths0.0 Sq 5,005

Monthly Estimate*

$ 2,759

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Studio

Commercial Property for sale in Berlin, NJ

for $394,950. This 5,005 square foot building was built in 1910.

A very rare opportunity to own a Historic Bank Building located on the White Horse Pike in Berlin. with over 4000 SF of useable space. This property has been placed on the New Jersey Register of Historic Places. Still in place is a bank vault with many security deposit boxes, and a very unique vault door. There is a full basement. The present zone allows for office, professional, service, financial, commercial and retail uses. It is zoned C-2....which has many other uses. 2023 Tax Year: The owners have completed the tax appeal. Reduction in the total aggregate assessment of $1,116,700.00 ....reduced to $$652,200.00 (implied market value of $762,539.00). A 42% reduction, estimated tax savings of $15,705.00 based on 2022 tax rate.T This includes both lots, see agent's remarks. There's approximately 175' linear footage on Jackson Road and the White Horse Pike, 74' Linear footage on E. Taunton Ave. The site area is .70 acres or 30,615 SF. Please see permitted uses in the document file. This historic architectural gem is at the corner of the White Horse Pike, Jackson and Taunton roads. Doesnt get any better than this for location and exposure. Traffic count varies from 25,000 VPD to 40,000 VPD. The first floor includes the Main Entrance with a double set of Commercial Doors, which leads to the tellers stations, and a large customer service area, which includes one enclosed office. The upstairs staircase is at the right back side, which leads to the second floor, with two large open areas, one includes a Kitchenette area, (Either area could be used for a conference room, or other offices, or usages, cubicles, etc) includes two restrooms & closets). Included on the second floor, is approximately 600 SF over the First-Floor area which was closed in, and never utilizedwhich could be finished and, opened up for additional office space. Each area has significant natural daylight. The basement staircase is located on the right side back corner, which houses the Oil Boiler, Hot Water Heater. Air Conditioner, Sump Pump, Security System, and three Circuit Breaker boxes. Utilities include Public Water & Sewer. The building is serviced by Atlantic City Electric. It has both Steam Radiator & Forced Hot air systems, heated by oil fuel.very easily converted to gassince gas is out on the street. The basement foundation is concrete, unfinished, the external walls are Brick & Masonry, with a Pitched Roof. There is a combination of Single and Double Pane Windows with decorative lattice grids. The adjacent parking lot is paved with 35 parking spaces and has an additional lot that could be converted for more parking or possibly developed. To the owner's knowledge there are no legal restrictions such as easements or deed restrictions that would limit the uses. This is a very strategic location, easy accessible, and a very short distance to surrounding areas,....Cherry Hill, Medford, Moorestown, and Shore Points, and State Parks. Bus transportation is conveniently located on the White Horse pike. Conveniently located with easy access to Interstate 295, NJ Turnpike, AC Expressway, Garden State Parkway and Shore points, ...in addition to local Routes 30, 206, 73, 70, 38.....and, the Ben Franklin, Walt Whitman, Burlington Bristol & Tacony bridges. Most important its a short distance to High End Medical Facilities, such as the highly rated University of Penn, Jefferson, Cooper, & Fox Chase Institutions. Additionally ...close to many surrounding retailers, and other amenities such as Centerton Square right down the road on Route 38 where Wegmans, Costco, and many other Fast Food and high end restaurants and shops are. Minutes away from the Promenade Shopping Center, Cherry Hill & Moorestown Malls, and Center Philadelphia. The property is being sold "AS IS", All inspections are for informational purposes. Buyer is responsible for all certifications.

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Commercial Active

Price

$ 394,950

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 17,745

Style

Day Care Facility,Flex,Funeral Home,Hair Salon and

Year Built

1910

Town/City

Berlin

County/Region

Camden

MLS | Web ID

NJCD2065104

Features
Interior
Heating Fuel Oil
Flooring Carpet Ceramic Tile Tile/Brick
Hot Water Electric
Heating Y/N Y
Street Suffix PIKE
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Radiator
Cooling Programmable Thermostat Central A/C
Utilities Above Ground Cable TV Cable TV Available Electric Available Multiple Phone Lines Natural Gas Available Phone Phone Available Phone Connected Phone Not Available Water Available Sewer Available
Possession 0-30 Days CD 120-180 Days 31-60 Days CD Negotiable Other Settlement
Roof Asphalt Shingle
Zoning C-2
Security Features Security System
Construction Materials Brick
Year Built 1910
Topography The terrain is pretty much level.
Property SubType Retail
Tax Year 2023
Percent Ownership Fee Simple
Cool Fuel Electric
Municipality BERLIN BORO
Business Type Day Care Facility Flex Funeral Home Hair Salon and Spa Health Club Institutional Medical Other/General Retail Professional Recreation Religious Facility School Storage Other
Accessibility 2+ Access Exits 36 + wide Halls Mobility Improvements Other
County CAMDEN
New Construction N
Property Type Commercial Sale
Possible Use Barber/Beauty Church Clothing Commercial Development Day Care Dry Cleaner Florist/Nursery Funeral Home Laundromat Medical/Dental Printing Professional Service Recreational Retail School Special Purpo
Water Access Y/N N
Status ACTIVE
Directions East on White Horse Pike to the Intersection of Jackson & White Horse Pike Bank in on the left corner.
City BERLIN
Buyer Agent Compensation 2.5
Disclosures Historic Property
Total Units 0
MLS Area Berlin Boro (20405)
Lot Size Square Feet 0.00
Waterfront Y/N N
Street Name WHITE HORSE
Tax Annual Amount 17745.0
Property Condition Very Good
Price Per Sq Ft 78.91
Acceptable Financing Cash Conventional Lease Purchase
Vacation Rental Y/N N
Virtual Tour https://drive.google.com/file/d/1L47Gvlj290xQnZ2Z7kCEd2Z2UyEwZfVh/view?usp=share_link
Days on Market 40
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
Association Recreation Fee N
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Exterior
Water Source Public
Inclusions Bank Vault
Type of Parking Parking Lot
Water View Y/N N
Building Area Total 5005.00
Lot Dimensions 75.00 x 0.00
Lot Size Acres 0.00
Lot Size Units Square Feet
Lot Size Source Assessor
Land Assessed Value 150000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 183
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* Excluded Features
List By
Keller Williams Realty - Marlton

Broker

jlmoffa@aol.com

Email

Affordability Calculator

$4,238
Per Month
65%
35%
0%
Monthly Principal & Interest
$2,759
Monthly Property Taxes
$1,479
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/22/2024$394,950 Listed Price

Map


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183 S White Horse Pike, Berlin, NJ, 08009 is a Commercial Property for sale at $394,950 with 5,005 sqft. 183 S White Horse Pike is a studio with 0.0 baths and was built in 1910. The property's zip code is 08009 which is in Berlin, NJ