1123 Haddon Ave - Storefront Retail/Residential FOR SALE


Camden, NJ 08103- Gateway
$499,000 USD
215-668-1666
1123 Haddon Ave, Camden, NJ for Sale
$499,000 USD
Storefront Retail/Residential - FOR SALE
1/18
null | Request Cap Rate

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1123 Haddon Ave
Camden, NJ 08103
Gateway


OVERVIEW

A mixed-use building with a basement and two floors in a busy commercial area. The first floor is a breakfast restaurant, generating $9,000 in weekly sales. Open 6 days a week, it operates from 7 a.m. to 2:30 p.m. It's currently run by a husband and wife with 2 employees. Annual net income is $180,000. Expenses include $800 in monthly utilities and $4,500 in annual insurance. The 2nd floor is vacant for residential use. Ideal for a business and building mix. Alternatively purchase the building and business then sell the business separately and rent it out. The 2nd floor could also be renovated and rented out separately. Great price and great views.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$209 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,536 SF

ZONING

Mix Use

APN/PARCEL ID

08-01313-0000-00104

ASK ABOUT THIS PROPERTY

Peter (Kun) HanPK PropertyMore Info
215-668-1666

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Peter (Kun) HanPK PropertyMore Info
215-668-1666

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.