Flex Space with Rear
New
For Sale
Contact for pricing
134 HADDON AVENUE, West Berlin, NJ 08091
A separate entrance serves a flexible layout with office areas, a workshop, and garage access.
Property Size2,500 SF
Price / SF$1.20
Days on Market4
Property Features for 134 HADDON AVENUE
General Information
Standard status
Active
Size
2,500 SF
Total Parking Spaces
5
Property subtype
Commercial
Additional Details
Floor
Ground
Highway Access
Yes
Drive-In Doors
1
Amenities
separate entrance
spacious open areas
high ceilings
15' ceiling design area
13' ceiling workshop
overhead garage door
kitchenette
2 restrooms
independent remote-controlled HVAC
Building Details
Year Built
1920
Listing Agency:
Canaan Realty Group. LLC
(215) 333-1826
Listed By:
Anastasia Tran · License #RS355076
(215) 869-8280
Source:
Cummingsrealtors
Added: Oct 22
Changed: Oct 25
Last Checked: Oct 25 at 2:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Canaan Realty Group. LLC
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Investment Insights
Based on property information with market context.
This 2,500-square-foot flex property, built in 1920, combines private offices and open office space with a design area, workshop, and storage. The design area has 15-foot ceilings, while the workshop has 13-foot ceilings and an overhead garage door. Additional features include a rear garage, kitchenette, two restrooms, and independently controlled remote HVAC.
The first-floor space has a separate entrance and access from Walker Ave. Five paved parking spaces are on site.
The first-floor space has a separate entrance and access from Walker Ave. Five paved parking spaces are on site.
Key Highlights
- 2,500 SF of first‑floor flex space
- Rear garage with overhead door and access from Walker Ave
- 15‑foot ceiling design area and 13‑foot ceiling workshop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,417
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,340
$448.3K
Cap Rate 7%
$320,243
$320.2K
Cap Rate 9%
$249,078
$249.1K
Market Conditions
NOI Build-Up for 2,500 SF
Gross rent
$36.0K $14.40/SF
− Vacancy
−$1.5K −$0.60/SF
EGI
$34.5K $13.80/SF
− OpEx
−$12.1K −$4.83/SF
NOI
$22.4K $8.97/SF
Area
Camden County, NJ
Vacancy
4.20%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$448,340
Cap Rate 7%
$320,243
Cap Rate 9%
$249,078
Alternative Uses
Best Use
Office B
$501.2K
$438.5K – $584.7K
NOI $35,081 @ 7.0% cap · market cap 1,169.37%
Second Best
Industrial
$348.0K
$304.5K – $406.0K
NOI $24,360 @ 7.0% cap · market cap 812.00%
Theoretical Best
Office A
$633.9K
$554.7K – $739.5K
NOI $44,372 @ 7.0% cap · market cap 1,479.07%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Drive-in doors
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
466
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 08091, NJ
5,867
Population
2,588
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
3.3 sq mi
ZIP Area
1,778
Density / Sq Mi
$74,828
Median Household Income
$41,031
Median Earnings
$1,346
Median Rent
$247,700
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Zallie's Catering — 116 Walker Ave, West Berlin, NJ 08091
- Sweetboards, LLC — 223 Haddon Ave, West Berlin, NJ 08091
Frequently Asked Questions
What type of property is this?
Flex space - A separate entrance serves a flexible layout with office areas, a workshop, and garage access.
Where is this flex space located?
The property is located at 134 HADDON AVENUE West Berlin, NJ.
What are key features of this property?
This property features: 2,500 SF of first‑floor flex space; Rear garage with overhead door and access from Walker Ave; 15‑foot ceiling design area and 13‑foot ceiling workshop
