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1612&1604 Route 70 W

$4,600,000

1612&1604 Route 70 W, Cherry Hill, Nj 08002

Active
Last Updated: 02/08/2025

22,000 sqft

Building Size

1956

Year Built

Details:
Building Size:    22,000 sqft
Year Built:    1956
Price Per Sqft:    $209.09
Zoning:    COM
Highlights:
  • Days on Market: 37
Description:

This is a great location for Retail. The total size of the two-building combine is almost 22,000 SF of retail and warehouse, and one two-bedroom apartment. The property is conveniently located close to everything, such as Wegmans, Home Depot, all car dealers, and only 10 minutes to Center City Philadelphia. The taxes for 1612 Route 70 are $27,667 and the taxes for 1604 Route 70 are $37,173

Map:
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Today's Available Mortgage Rates

1612&1604 Route 70 W, Cherry Hill, New Jersey 08002

Choose Your Priority
 
Interest Rate
Mo. Payments
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default.
Loan Amount
Rates as of 02/01/2025
Bank*Lender #1459
5 Year Fixed
25 Year Amortization
Interest rate 6.1% 5 Year Fixed
Mo. Payment$15,857 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,438,000 Loan Amount
Bank*Lender #1459
7 Year Fixed
25 Year Amortization
Interest rate 6.1% 7 Year Fixed
Mo. Payment$15,857 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,438,000 Loan Amount
Bank*Lender #1459
10 Year Fixed
25 Year Amortization
Interest rate 6.1% 10 Year Fixed
Mo. Payment$15,857 25 Year Amortization
Max LTV Max Loan to Value is determined by the participating lenders DSCR requirements and stated NOI for the property. If no NOI is present, a 5% Cap rate is used by default. 53% LTV $0 Lender fees
Loan Amount $2,438,000 Loan Amount
Largest Commercial Real Estate Lending
Location
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