183 S WHITE HORSE PIKE, BERLIN, NJ 08009

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. Doesn’t 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 teller’s 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 utilized…which 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 gas…since 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.