1109 Kaighn Ave, Camden, NJ 08103

$125,000
Sold Price
$125,000
List Price
$40,000
Closing Date
Mar 08, 2024
Days on Market
11
Status
CLOSED
MLS#
NJCD2060898
Lot Size (Acres)
0.05
Year Built
1920
County
Camden
School District
Camden City Schools

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.

Additional Information

Area
Camden City (20408)
Subdivision
None Available
Taxes
$5,108
Heating
Forced Air
Cooling
None
Utilities
Cable Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water
Public
Sewer
Public Sewer

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Listing courtesy of EXP Realty, LLC. Contact:

Selling Office: ARC Real Estate.