Camden, NJ 08103,1109 KAIGHN AVE
Camden, NJ 08103,1109 KAIGHN AVE
Camden, NJ 08103,1109 KAIGHN AVE
Camden, NJ 08103,1109 KAIGHN AVE
Camden, NJ 08103,1109 KAIGHN AVE
Camden, NJ 08103,1109 KAIGHN AVE
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$125,000

$40,000

212.5%
Est.Price: ?

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Est. payment /mo

2,773 SqFt


SOLD DATE : 03/08/2024

Key Details

Sold Price $125,000

Property Type Commercial

Sub Type Special Purpose

Listing Status Sold

Purchase Type For Sale

Square Footage 2,773 sqft

Price per Sqft $45

Subdivision None Available

MLS Listing ID NJCD2060898

Sold Date 03/08/24

Originating Board BRIGHT

Year Built 1920

Annual Tax Amount $5,108

Tax Year 2022

Lot Size 2,204 Sqft

Acres 0.05

Lot Dimensions 21.00 x 105.00

Property Description

*ANOTHER GEM BY GENIUS* Welcome to an unparalleled investment opportunity nestled in the vibrant heart of Camden, situated within an Opportunity Zone. This mixed-use gem embodies the epitome of modern versatility, seamlessly blending commercial and residential spaces to create a dynamic and thriving community hub.

Boasting a prime location, this property stands as a beacon of urban sophistication, offering convenient access to major transportation arteries and a rich tapestry of cultural and entertainment attractions. With its strategic positioning in an Opportunity Zone, investors can leverage substantial tax incentives and capitalize on the burgeoning economic growth in the area.

The commercial component of this architectural marvel presents a canvas for entrepreneurial ventures, be it retail boutiques, trendy eateries, or innovative workspaces. Its adaptable design caters to diverse business needs, ensuring an optimal environment for success.

Meanwhile, the residential segment exudes comfort and luxury, providing a haven for modern urban dwellers. Thoughtfully crafted living spaces are complemented by top-tier amenities, fostering a lifestyle of convenience and sophistication.

This property stands as a testament to the convergence of investment potential and community enhancement, poised to deliver robust returns while contributing to the vibrant fabric of Camden. Don't miss this exceptional chance to be part of an evolving landscape, combining financial growth with social impact. Seize this opportunity to invest in a visionary mixed-use development at the nexus of innovation and prosperity.

This huge commercial property has more than an opportunity. Previously operated as a church, this property can easily be converted into a quadplex for the highest and best use. However, a mixed-use property will bring a great return as well. This building sits in an opportunity zone for an additional benefit.

Come check out one of Camden's largest properties in its Gateway shopping district.

Location

State NJ

County Camden

Area Camden City (20408)

Zoning C-R

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling None

Heat Source Natural Gas

Exterior

Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

Water Access N

Street Surface Access - On Grade,Black Top,Concrete

Accessibility None

Road Frontage City/County, Public

Garage N

Building

Foundation Brick/Mortar

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 08-01310-00039

Ownership Fee Simple

SqFt Source Assessor

Acceptable Financing Cash, Conventional, Wrap

Listing Terms Cash, Conventional, Wrap

Financing Cash,Conventional,Wrap

Special Listing Condition Auction

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Bright MLS (BMLS)
Listed by John Lewis • EXP Realty, LLC
Bought with Fred E Mitchell • ARC Real Estate

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Rachel Romano

REALTOR® | License ID: 1111154

+1(609) 238-1329

123 W Jersey Ave, Pitman, NJ, 08071

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