Pennsauken, NJ 08109,5045-57 KAIGHN AVE
Pennsauken, NJ 08109,5045-57 KAIGHN AVE
Pennsauken, NJ 08109,5045-57 KAIGHN AVE
8
$1,105,000
$1,400,000
21.1%
Est.Price: ?

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12,000 SqFt

5045-57 KAIGHN AVE Pennsauken, NJ 08109

Est. payment /mo
SOLD DATE : 05/24/2024

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Key Details

Sold Price $1,105,000

Property Type Commercial

Sub Type Services

Listing Status Sold

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $92

MLS Listing ID NJCD2057086

Sold Date 05/24/24

Originating Board BRIGHT

Year Built 1965

Annual Tax Amount $17,237

Tax Year 2022

Lot Dimensions 142.00 x 0.00

Property Description

Excellent opportunity on Route 38. Retail center with warehouse space available best suited for end user or investors. Four units total with long term tenants including a doctors office (2 units) and dance studio plus a 4,000 sq. ft. retail/warehouse end unit with loading dock. Ample amount of parking in the rear of the building located on a soft corner close to the Cherry Hill Mall along Route 38. 12,000 sq. ft. of total space with 142 ft frontage on Route 38 142X258 lot size. The dance studio currently pays $4050/month NNN and the Doctors office which occupies 2 units pays $4927/month plus NNN both tenants have long term leases in place. The 4k sqft. warehouse has a loading dock and drive-in door is projected to bring in $4800/month which would bring the total income to $163,200/year. Great asset for investors looking for a property in an excellent location with great tenants.

Location

State NJ

County Camden

Area Pennsauken Twp (20427)

Zoning COMMERECIAL

Interior

Hot Water Other

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 30.0

Waterfront N

Water Access N

Accessibility None

Parking Type Parking Lot

Total Parking Spaces 30

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Pennsauken Township Public Schools

Others

Tax ID 27-06209-00005

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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Bright MLS (BMLS)
Listed by Sidney Benstead • BHHS Fox & Roach-Marlton
Bought with Sidney Benstead • BHHS Fox & Roach-Marlton

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Joanna Dieter

Agent | License ID: 665620

+1(410) 949-6855

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