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    3350 Cove Rd Pennsauken, NJ 08109

    For Sale
    $300,000

    Established Auto Mechanic Shop, High Visibility

    Property size:
    1,978 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional commercial property located at 3350 Cove Road in Pennsauken, New Jersey, presents a fantastic opportunity for an established or aspiring auto mechanic business. The 1,978 square foot building sits on a 0.45-acre corner lot, ensuring high visibility and easy access for customers. The property boasts three service bays, two of which are equipped with newer lifts, significantly enhancing operational efficiency. Ample parking is available with 15 designated spaces, and there's potential for additional parking. The interior includes two restrooms, two convenient storage closets, and a dedicated office space for administrative tasks. Two toolboxes, partially stocked with tools, are included in the sale, providing a head start for the new owner. This turnkey operation is ready for immediate occupancy and offers a strong foundation for continued success in a prime location. The property's corner location ensures excellent street visibility, attracting potential customers. The combination of ample parking, well-maintained equipment, and a functional layout makes this an attractive investment opportunity for anyone looking to establish or expand their auto repair business. The existing infrastructure and readily available tools minimize the initial investment required to begin operations. Don't miss this chance to acquire a thriving business in a desirable location.

    Property Features for 3350 Cove Rd

    General Information

    Property type
    Other commercial real estate
    Square Feet
    1,978 SF
    Lot Size
    19,602 SF

    Building Details

    Year Built
    2003
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Pennsauken
    County
    Camden
    State
    New Jersey
    Longitude
    -75.04425
    Latitude
    39.95428

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    FAQs

    What type of property is this?
    Commercial real estate - Established Auto Mechanic Shop, High Visibility
    Where is this commercial real estate located?
    The property is located at 3350 Cove Rd Pennsauken, NJ.
    What is the asking price?
    The asking price for this property is $300,000.
    (856) 983-2888
    Request Owner's contact information
    3350 Cove Rd Pennsauken, NJ 08109
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3350 Cove Rd Pennsauken, NJ 08109
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