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SOLD: 1930 Olney Avenue, Cherry Hill, NJ 08003

Posted on November 6, 2024

+/- 42,571 SF for Sale at 1930 Olney Avenue, Cherry Hill, NJ 08003

Offering Summary

Size/SF Available: +/- 42,571 SF
Acreage Available: +/- 5.35 Acres
Asking Sale Price: $5,950,000
Signage: Facade
Parking: +/- 176 spaces
Loading Docks: 6 docks (currently sealed)
Zoning: IR – industrial restricted
Electrical Service: 1220 AMP/480V
Public Transportation: NJ transit bus stop .1 mile away

Property/Area Highlights

  • Strategically positioned near I-295 and the NJ Turnpike with easy access to major highways and cities making it ideal for transportation and distribution facilities, and many other industries

  • The building offers approximately +/- 42,571 SF, with parking for +/- 176 vehicles. The building has 17-foot ceilings and a column spacing of 19 FT by 24 FT. The property includes 6 loading docks, currently sealed, that can be reopened at the rear of the building

  • Currently utilized as office space but adaptable for industrial and office users. The IR (Industrial Reserve) zoning permits a variety of businesses, including light manufacturing, storage, healthcare, laboratory, and government offices, providing flexibility for different industry types

  • Seller potentially interested in short term leaseback at market rate. Details to be discussed further

  • Roof was redone in 2014

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