3069 RIVER RD new to site Save Request In-Person Tour Request Virtual Tour
Camden,NJ 08105
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,998 sqft
Price per Sqft $333
MLS Listing ID NJCD2098762
Year Built 2005
Annual Tax Amount $9,693
Tax Year 2024
Lot Size 5,998 Sqft
Acres 0.14
Lot Dimensions 60.00 x 0.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Proud to present a rare investment opportunity to acquire 3069 River Road, a multi-use commercial property with diverse income streams and exceptional upside potential. This turnkey asset features a Fully Operational Laundromat – Equipped with Solar Panels for cost savings and 24 commercial-grade washing machines & 26 commercial dryers, this established, high-traffic laundromat offers immediate cash flow and expansion potential in a densely populated area. Also featured are Multiple Office Spaces – Flexible layouts ideal for professional services, co-working suites, or boutique business operations. There is also Residential Income – A spacious two-bedroom apartment on the second floor provides an additional revenue stream or on-site manager housing. This strategically located property is nestled in a high-demand corridor of Camden, benefiting from strong local demographics, increased urban development, and growing interest from entrepreneurs, remote professionals, and small business owners. With a projected Pro Forma cap rate of 8–10%, this property delivers both immediate income and long-term appreciation potential. Market-rate rents, standard escalation clauses, and stable tenant demand make this a compelling acquisition for seasoned investors and newcomers alike. Whether you're looking to own a business, diversify your portfolio, or capitalize on Camden's resurgence, 3069 River Road is a rare, income-producing opportunity that checks all the boxes. Contact us to schedule your private tour or request financials and Pro Forma projections.
Location
State NJ
County Camden
Area Camden City (20408)
Zoning COMMERCIAL
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling Zoned
Inclusions Sale of the property is to be conveyed with all laundromat washing machines and dryers as well as furnishings, and fixtures.
Heat Source Natural Gas
Exterior
Garage Spaces 7.0
Water Access N
Accessibility None
Total Parking Spaces 7
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Camden City Schools
Others
Tax ID 08-00922-00052
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Virtual Tour https://listings.mikesperando.com/sites/nxznbke/unbranded