719-725 Broadway - Storefront FOR SALE


Camden, NJ 08103
$569,000 USD
856-810-5714
719-725 Broadway, Camden, NJ for Sale
$569,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

719-725 Broadway
Camden, NJ 08103


HIGHLIGHTS

  • Positioned on a highly visible corner lot in Camden's business district, offering prime exposure and accessibility.
  • Comprises four combined and attached buildings totaling approximately 12,000 to 13,000 square feet, with 5,600 square feet on the first floor.
  • 4,200 square feet of ground-level retail space and an additional 4,200 square feet on the second level, previously used for storage and apartments.
  • The 10-year-old corner building at 725 Broadway features two separate entrances, 10 ft ceilings, a large clear span space, and a sprinkler system.
  • Each building has its own utilities, with newer furnaces and a roof that is 5-10 years old, enhancing operational efficiency.
  • Equipped with upgraded 3-phase electrical service, accommodating a range of business or redevelopment needs.

OVERVIEW

Here is a tremendous opportunity to open your new business in the heart of the redevelopment of Camden, New Jersey. 719-725 Broadway is strategically located in a highly visible corner lot in the business district currently utilized as a retail/ production uniform business for over 30 plus years. Four buildings combined and attached to equal around 12-13,000 sq. ft.. with 5,600 sq. ft. on first floor. The corner building (725 Broadway) is just ten years old has 2 separate entrances with stairwells to access the 2nd and 3rd floors, 10 ft ceilings, large clear span space with sprinkler system in place, ideal for apartments/ housing. Walk through 725 Broadway and enter 719-723 Broadway which is 3 separate buildings with an additional 4200 sq. ft. of ground level retail and 4200 sq. ft. on the 2nd level currently used as storage with separate staircases for each building and previously utilized as apartments. Each building is 93 feet deep have separate utilities for each building, newer furnaces in retail areas, roof just 5-10 years old, upgraded 3 phase electrical service for power, high ceilings throughout the buildings and open floor plan conducive for most uses. Located in a redevelopment zone with many incentives for your business or redevelopment plan. Close to transportation center, Cooper Hospital, courthouses, Rutgers University, Rowan University and just minutes to The Ben Franklin Bridge and Center City Philadelphia. The sale price of $569,000 is for the 12-13,000 sq. ft. buildings just the real estate not the business. Continue with the current usage as retail/ production or bring your ideas for redevelopment and utilize as an entirely new usage in an opportunity zone in Camden.

FOR SALE DETAILS

PRICE

$569,000 USD

PRICE/SF

$44 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Freestanding, Storefront Retail/Office, Industrial Live/Work Unit

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1928

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

C

APN/PARCEL ID

08-00284-0000-00022,08-00284-0000-00023,08-00284-0000-00025,08-00284-0000-00094

ASK ABOUT THIS PROPERTY

Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5714

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Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-810-5714

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