Restaurant
For Sale
$289,000
Pending
1468 HADDON AVENUE, Camden, NJ 08103
Restaurant property with commercial, restaurant, and residential zoning designations.
Property Size2,200 SF
Days on Market95
Property Features for 1468 HADDON AVENUE
General Information
Standard status
Pending
Size
2,200 SF
Property subtype
Commercial
Building Details
Year Built
1938
Listing Agency:
Keller Williams Realty
(856) 321-1212
Listed By:
Paul P Cheng · License #1537342
(215) 327-1722
Source:
Cummingsrealtors
Added: Aug 3
Changed: Nov 5
Last Checked: Nov 4 at 2:44PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This restaurant property was constructed in 1943 and has a reported property size of 2,200. Its zoning designations include commercial, restaurant, and residential categories. The property is located at 1468 Haddon Ave in Camden, New Jersey.
Key Highlights
- 2,200 reported property size
- Built in 1943
- Commercial, restaurant, and residential zoning designations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,183
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,660
$423.7K
Cap Rate 7%
$302,614
$302.6K
Cap Rate 9%
$235,367
$235.4K
Market Conditions
NOI Build-Up for 2,200 SF
Gross rent
$33.0K $15.00/SF
− Vacancy
−$2.7K −$1.25/SF
EGI
$30.3K $13.76/SF
− OpEx
−$9.1K −$4.13/SF
NOI
$21.2K $9.63/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,660
Cap Rate 7%
$302,614
Cap Rate 9%
$235,367
Alternative Uses
Best Use
Specialty Retail
$396.7K
$347.1K – $462.8K
NOI $27,770 @ 7.0% cap · market cap 9.61%
Second Best
Retail
$302.6K
$264.8K – $353.1K
NOI $21,183 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$557.8K
$488.1K – $650.8K
NOI $39,048 @ 7.0% cap · market cap 13.51%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,118
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08103, NJ
12,862
Population
5,384
Households
2.4
Avg Household Size
34
Median Age
10%
College-Educated
71%
High-School Grad
2.1 sq mi
ZIP Area
6,125
Density / Sq Mi
$37,563
Median Household Income
$26,402
Median Earnings
$1,203
Median Rent
$103,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property with commercial, restaurant, and residential zoning designations.
Where is this conventional restaurant located?
The property is located at 1468 HADDON AVENUE Camden, NJ.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: 2,200 reported property size; Built in 1943; Commercial, restaurant, and residential zoning designations
