$300,000
$350,000
14.3%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 09/10/2024
Key Details
Sold Price $300,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 586672
Sold Date 09/10/24
Style Commercial,Comm. w/Apartments,Retail,Warehouse,Other (See Remarks)
Year Built 1958
Annual Tax Amount $5,884
Tax Year 2023
Lot Size 6,098 Sqft
Property Description
***CALLING ALL INVESTORS WITH VISION*** MOTIVATED SELLER!! Step into an exciting investment opportunity where retail meets residential income in this expansive 6,000 sq. ft. building! Perfectly positioned for savvy entrepreneurs, this property offers endless possibilities with its versatile layout and abundant open space; a blank canvas awaiting your custom touch. Upon entering, discover dual entrances leading into a floor plan designed for seamless accessibility and functionality. A grand, open room greets you at the main entrance, offering an ideal setting for a thriving retail shop or convenience store. Venture further and explore the second entrance, which leads to a series of private office rooms and two staircases ascending to a sprawling second floor. This vast, upstairs space is ready to be developed into profitable apartments, promising a steady stream of additional revenue. The warehouse component boasts soaring ceilings and two garage bays/loading areas, coupled with convenient access to a large storage basement. Whether you're envisioning expanding your retail enterprise, creating modern living spaces, or maximizing rental income from multiple sources, the potential here is unmatched! This building is conveniently located on Federal Street, a high traffic area with maximum exposure, while being just minutes from the Ben Franklin Bridge, Betsy Ross Bridge, Tacony-Palmyra Bridge, and Walt Whitman Bridge. It offers easy access to all major highways, including Route 130 and Route 73, and is perfectly situated near the borders of Merchantville and Pennsauken, NJ. Don't miss out on this rare opportunity to capitalize on both retail and residential prospects under one roof. With its strategic location and expansive layout, this property is set to become a cornerstone of your investment portfolio. Seize the moment and unlock the full potential of this dynamic commercial space today!
Location
State NJ
County Camden
Community Camden
Area Camden County
Location Details Corner,See Remarks
Interior
Heating Space/Wall/Floor
Exterior
Exterior Feature Loading Dock, See Remarks
Parking Features Off Street
Building
Story 2
Sewer Public Sewer
Water Public
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