719-725 Broadway
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719-725 Broadway
13,000 SF Retail Building Camden, NJ 08103 $569,000 ($44/SF)
Investment Highlights
- Positioned on a highly visible corner lot in Camden's business district, offering prime exposure and accessibility.
- 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.
- Each building has its own utilities, with newer furnaces and a roof that is 5-10 years old, enhancing operational efficiency.
- Comprises four combined and attached buildings totaling approximately 12,000 to 13,000 square feet, with 5,600 square feet on the first floor.
- 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.
- Equipped with upgraded 3-phase electrical service, accommodating a range of business or redevelopment needs.
Executive Summary
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.
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
13,000 SF
Building Class
C
Year Built/Renovated
1928/2023
Price
$569,000
Price Per SF
$44
Tenancy
Single
Building Height
3 Stories
Building FAR
1.66
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
C - Commercial
Parking
14 Spaces (1.08 Spaces per 1,000 SF Leased)
Frontage
359 FT on County Road 551
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $285,800 | |
Land Assessment | $57,800 | Total Assessment | $343,600 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$57,800
Improvements Assessment
$285,800
Total Assessment
$343,600
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