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Joseph Lam

team@soldbyturnkey.com +1(856) 305-8329

Listed by Bryant Lafferty • RE/MAX Preferred - Cherry Hill

$965,000

Est. payment - /mo

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCD2124308

Year Built 2004

Annual Tax Amount $18,700

Tax Year 2025

Property Sub-Type Industrial

Source BRIGHT

Property Description

This commercial property, originally constructed in 2004, is poised for a significant transformation in 2024, presenting a compelling investment opportunity for discerning investors. With a robust foundation built from durable block and brick materials, this property is well-positioned to benefit from the upcoming renovations that will enhance its value and appeal in the competitive real estate market.1. : The planned renovations are designed to modernize the property, improving both aesthetic appeal and functionality. Investors can anticipate an increase in property value post-renovation, driven by enhanced features and updated amenities that align with current market demands.2. : With the renovations, the property is expected to attract higher-quality tenants, leading to increased rental rates. This potential for elevated cash flow makes it an attractive option for investors seeking to maximize their return on investment.3. : The commercial real estate market continues to show resilience and growth potential. By investing in this property, stakeholders can capitalize on the increasing demand for modern commercial spaces, particularly in areas undergoing revitalization.4. : Properties that undergo significant renovations typically experience substantial appreciation in value. This investment not only promises immediate returns through enhanced rental income but also positions the property for long-term capital gains.5. : While specific green features are not currently listed, the renovation plans can incorporate energy-efficient systems and sustainable materials, appealing to environmentally conscious tenants and potentially reducing operational costs.6. : The property's design allows for various commercial applications, providing flexibility in tenant selection and usage. This adaptability can further enhance the investment's attractiveness, catering to a diverse range of businesses. : This property represents a unique opportunity for investors looking to engage in a high-potential renovation project. With a solid structural foundation and a strategic renovation plan set for 2024, the potential for increased rental income and long-term appreciation is significant. Investors are encouraged to consider the myriad benefits this property offers as they evaluate their next investment opportunity.

Location

State NJ

County Camden

Area Berlin Twp (20406)

Zoning C2

Interior

Hot Water Electric

Cooling Central A/C

Heat Source Natural Gas

Exterior

Garage Spaces 12.0

Water Access N

Roof Type Asbestos Shingle

Accessibility 2+ Access Exits, >84\" Garage Door

Total Parking Spaces 12

Garage N

Building

Sewer Private Sewer

Water Public

New Construction N

Schools

School District Pine Hill Borough Board Of Education

Others

Tax ID 06-01002-00001 02-C0801

Ownership Condominium

Special Listing Condition Standard

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Joseph Lam

+1(856) 305-8329

Broker Associate License ID: 0682262

154-801 & 802 COOPER RD E #801 & 802 West Berlin, NJ 08091

Joseph Lam

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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154-801 & 802 COOPER RD E #801 & 802