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Key Details
Sold Price $350,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,320 sqft
Price per Sqft $150
MLS Listing ID NJCD2069636
Sold Date 08/30/24
Originating Board BRIGHT
Year Built 1962
Annual Tax Amount $6,892
Tax Year 2023
Lot Size 5,101 Sqft
Acres 0.12
Lot Dimensions 51.00 x 0.00
Property Description
GREAT OPPORTUNITY right in the center of Pennsauken active business area for this unique commercial corner property with near 10,000 daily traffic count. The current zoning is Commercial-(C1). The building has a storefront currently operating as an Ice Cream store on the first floor and a 2-Bedroom, 1-Bath Apartment on the second floor. The apartment is currently tenant occupied at $1,500 a month. The lease ends on February 28, 2025. The Kitchen has been recently updated. The property has 8 paved parking spaces with one covered parking space. Each unit is 1,160 SF with ample storage space and independent entrance. There is a full basement for additional storage. They have separate utilities for each unit. This corner building is located within walking distance of the Pennsauken Bureau of Fire Prevention, Schools, Pharmacies, Restaurants, Banks, Retail Stores and Bodegas. If Ice Cream is not the buyer's thing, the storefront could be transformed into another retail business --Nail Salon, Barber Shop, Floral Service, Medical office, Beauty Salon, Dental office, Law Firm, Real Estate Broker, Mini Storage, CPA office, or any other Professional Office. You could open your own business and live in the 2nd Floor apartment once the lease expires. You could lease the first floor and live in the 2nd Floor apartment once the lease expires. Or just getting income from both units... so many options for steady income! The property is being sold "As Is" condition. If the buyer's intent is to use the property in any way other than how it is used and classified today, then it will be the buyer's responsibility to perform all due diligence with the Pennsauken Twp and Camden County. Just minutes to Philadelphia, major highways, and public transportation. Don't miss this great opportunity, schedule your appointment today!
Location
State NJ
County Camden
Area Pennsauken Twp (20427)
Zoning C1
Interior
Hot Water Natural Gas
Heating Forced Air, Baseboard - Hot Water, Central
Cooling Central A/C, Window Unit(s)
Heat Source Natural Gas
Exterior
Garage Spaces 9.0
Waterfront N
Water Access N
Roof Type Tar/Gravel,Wood
Accessibility None
Parking Type Driveway, Other
Total Parking Spaces 9
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Pennsauken Township Public Schools
Others
Tax ID 27-00807-00011
Ownership Fee Simple
SqFt Source Assessor
Security Features Carbon Monoxide Detector(s),Smoke Detector,Security System
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with Sophia Pegram • Keller Williams Realty - Cherry Hill