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3722 FEDERAL ST Camden, NJ 08105
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Key Details
Sold Price $300,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 5,942 sqft
Price per Sqft $50
Subdivision Rosedale
MLS Listing ID NJCD2071486
Sold Date 09/10/24
Originating Board BRIGHT
Year Built 1958
Annual Tax Amount $5,884
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Lot Dimensions 60.00 x 99.00
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
Area Camden City (20408)
Zoning C-1
Interior
Hot Water Electric
Heating Other, Space Heater
Cooling Window Unit(s)
Heat Source Other, Electric
Exterior
Garage Spaces 4.0
Water Access N
Accessibility Other
Total Parking Spaces 4
Garage N
Building
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Tax ID 08-01062-00031
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
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Bought with Chuong Van Tran • RE/MAX Access