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5045-57 Kaighn Avenue

PENNSAUKEN, NJ 08109
  • $1,800,000
  • STATUS: Active
  • ON SITE: 131 Days
  • ID#: NJCD2026476
UPDATED: 64 min ago
$1,800,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Excellent investment property, commercial building with great investment return. Two currently leased spaces, medical and dance studio will stay with sale to new owner. Additional 4,000sq. ft. warehouse space with 16 ft. ceilings, currently listed for rent. Warehouse is projected to rent for $3,000/mo. Dance studio pays $3,800/mo (mtm) and Spinal Dr office rent is $4,500/mo (NNN, 2 yrs remaining on lease). Fantastic location just off the Route 70 & 38 split, parking for approx. 30 cars in private lot. 8% Cap rates on 1,800,000 price at current rental rates and full occupancy. Please inquire with listing agent for more details and showings.

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©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - We Get Results. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-28T11:54:21.76.
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5045-57 Kaighn Avenue PENNSAUKEN, NJ 08109

  • Price: $1,800,000
  • Status: Active
  • On Site: 131 Days
  • Updated: 64 min ago
  • ID#: NJCD2026476
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Pennsauken Twp (20427)
County:
Camden
Area:
Pennsauken Twp (20427)
School District:
Pennsauken Township Public Schools
Property Description
Excellent investment property, commercial building with great investment return. Two currently leased spaces, medical and dance studio will stay with sale to new owner. Additional 4,000sq. ft. warehouse space with 16 ft. ceilings, currently listed for rent. Warehouse is projected to rent for $3,000/mo. Dance studio pays $3,800/mo (mtm) and Spinal Dr office rent is $4,500/mo (NNN, 2 yrs remaining on lease). Fantastic location just off the Route 70 & 38 split, parking for approx. 30 cars in private lot. 8% Cap rates on 1,800,000 price at current rental rates and full occupancy. Please inquire with listing agent for more details and showings.
Exterior Features

Construction Materials Block Garage YN No Parking Features Paved ParkingLighted ParkingPrivate Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 99999.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 999.00

Property Features

Accessibility Features 2+ Access Exits Assessment Year 2021 Business Type ProfessionalStorageWarehouseSchool Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Internet Services BroadbandCableDslFiber Optic Municipality Pennsauken Twp Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 801581288936 Ownership Interest Fee Simple Possession Settlement Property Sub Type Mixed Use Sale Type Standard Sewer Public Sewer Tax Annual Amount 16842.00 Tax Assessment Amount 425000.00 Tax Lot 00005 Vacation Rental YN No Water Source Public Zoning Res

Listing courtesy of Exp Realty, Llc: .


©2022 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Realty World - We Get Results. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2022-09-28T11:54:21.76.
 
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