25 N 23rd St - Warehouse FOR SALE


Camden, NJ 08105- Dudley
$4,000,000 USD
914-920-8202
25 N 23rd St, Camden, NJ for Sale
$4,000,000 USD
Warehouse - FOR SALE
1/3
null | Request Cap Rate

25 N 23rd St
Camden, NJ 08105
Dudley


OVERVIEW

25 N 23rd Street, Camden, NJ – Mixed-Use Development Site for Sale | Approved Variance | Potential NJ Aspire Opportunity | Partial Seller Financing May Be Available Property Type: Land / Development Site / Redevelopment Opportunity Address: 25 N 23rd Street, Camden, NJ Block / Lots: Block 1148, Lots 9, 12, 13, 14, 23, 54 Site Size: Approx. 54,000 SF (1.24 Acres) Executive Summary: 25 N 23rd Street in Camden, New Jersey is being offered for sale as a mixed-use development and redevelopment opportunity. The property consists of approximately 54,000 square feet (1.24 acres) and includes Block 1148, Lots 9, 12, 13, 14, 23, and 54. Concept plans prepared for the site contemplate a substantial mixed-use project including 9 commercial spaces and 156 residential apartment units, together with associated parking and service areas. Seller indicates that the required variance for the proposed development concept has already been approved. The property may also present a potential NJ Aspire Program opportunity, subject to buyer verification of eligibility, program requirements, municipal support, and all remaining approvals. In addition, seller may consider financing a portion of the purchase price for qualified buyers, subject to underwriting and mutually agreed deal terms. Property Highlights: Approx. 54,000 SF (1.24 Acres) development site in Camden, NJ Block 1148, Lots 9, 12, 13, 14, 23, 54 Conceptual mixed-use development plan already prepared Concept includes 9 commercial spaces and 156 residential units Associated commercial and residential parking shown in concept materials Approved variance in place according to seller Potential NJ Aspire Program opportunity Partial seller financing may be available for qualified buyers Suitable for developers, investors, and redevelopment groups seeking an urban infill opportunity Description: This Camden development site offers a rare opportunity to acquire a large urban infill assemblage with substantial mixed-use redevelopment potential. The available concept materials envision a project that includes 9 commercial spaces and 156 residential units with supporting parking, administration, and community/service areas. The property is being marketed as a development opportunity with an approved variance reported by seller. The site may also be of interest to groups evaluating potential public incentive structures, including possible NJ Aspire Program consideration, subject to independent verification. Seller may consider financing a portion of the purchase price for qualified buyers, which may provide added flexibility in structuring the acquisition. Suggested Marketing Tags: Mixed-Use Development Site Redevelopment Opportunity Approved Variance Camden NJ Development Land Potential NJ Aspire Opportunity Seller Financing Considered

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$129 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

25 N 23rd Street, Camden, NJ – Mixed-Use Deve

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Storefront Retail/Office, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

8

YEAR BUILT

1900

UTILITIES

-

CLEAR CEILING HT

14 Ft

DOCKS

-

DRIVE INS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

1.24

LAND SF

54,014

ZONING

C-2,Commercial

APN/PARCEL ID

08-01148-0000-00012

ASK ABOUT THIS PROPERTY

Victor AbreuBoro Diverse Construction IncMore Info
914-920-8202

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Victor AbreuBoro Diverse Construction IncMore Info
914-920-8202

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