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$1,105,000

  • Sold
  • Closed
  • Warehouse
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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.

Full Property Details for 5045 Kaighn Ave

General

  • Sold For: $1,105,000
  • Taxes: $17,237 (2022)
  • Status: Closed
  • Type: Warehouse
  • Source: BrightMLSPhilly
  • MLS ID: NJCD2057086
  • Added to Site: 858 day(s) ago

Business

  • Business Type: Medical, Professional, Shopping Center, Storage, Wareh

Parking

  • Total Spaces: 30
  • Parking Type: Parking Lot

Location

  • Area: Pennsauken Twp (20427)
  • Municipality: PENNSAUKEN TWP
  • County: Camden
  • Driving Directions: Us GPS

Heating & Cooling

  • Central air: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: 90% Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Other

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Construction: Block
  • # Loading Docks: 1
  • Stories/Levels: 0
  • Year Built: 1965
  • Year Built Source: Estimated
  • Property Condition: Good

Unit Information

  • # Tenants: Multiple

Lot Features

  • Lot Size Source: Assessor
  • Lot Dimensions: 142.00 x 0.00
  • Zoning: COMMERECIAL

Financial Considerations

  • Price Per Sq. Ft.: $116.67
  • Assessment Year: 2022
  • City/TownTax Freq: Annually
  • County Tax Freq: Annually
  • Tax w/Assessment: $425,000
  • Tax Amount: $17,237
  • Tax Year: 2022

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 5

Listed by BHHS Fox & Roach-Marlton, Sidney Benstead
Sold by BHHS Fox & Roach-Marlton, Sidney Benstead

Listing agent

— 5045 Kaighn Ave —

  • Sidney Benstead

    BHHS Fox & Roach-Marlton

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 5045 Kaighn Ave

School District:Pennsauken Township School District
NameGradesDistance
Pennsauken High School
800 Hylton Road, Pennsauken Township, NJ 08110
9-124.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 5045 Kaighn Ave

Date
Details
Price
Change
Source
5/24/2024
Sold
$1,105,000
-21.07%
MLS
10/19/2023
Listed
$1,400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by BHHS Fox & Roach-Marlton, Sidney Benstead
Sold by BHHS Fox & Roach-Marlton, Sidney Benstead

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5045 Kaighn Avenue, Pennsauken, NJ 08109 (MLS# NJCD2057086) is a Warehouse property that was sold at $1,105,000 on May 24, 2024. Want to learn more about 5045 Kaighn Avenue? Do you have questions about finding other Warehouse real estate for sale in Pennsauken? You can browse all Pennsauken real estate or contact a Coldwell Banker agent to request more information.