601 Haddon Ave Collingswood, NJ 08108
- Commercial real estate
- 0.21 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 601 Haddon Ave
- Construction
- BRICK
- Lot size
- 0.21 lot acres
- Property type
- Commercial real estate
- APN
- 12 00022-0000-00010
- APU
- 1200022000000010
Description
This exceptional office space for lease is ideally situated in the heart of Collingswood, New Jersey. Enjoy unparalleled convenience with its downtown location, offering easy access to the PATCO speedline, a wide array of shops and restaurants all within walking distance. The office itself features a shared waiting area, providing a professional and welcoming environment for clients and visitors. The lease includes heat, hot water, electricity, and property taxes, significantly reducing your operational costs. While limited basement storage is available, tenants are responsible for their own phone, internet/cable services, and janitorial upkeep. A significant advantage is that the landlord covers gas, electricity, and taxes. Please note that the owner is undertaking a building expansion project soon, which will involve adding a new structure to the top of the existing building. This construction will temporarily impact the layout and accessibility of the main foyer. However, a secondary entrance located at the rear of the building will ensure continued access to the office space throughout the construction period. This is a fantastic opportunity to secure a well-located, cost-effective office space in a thriving community. The building's prime location and included utilities make this an attractive option for businesses seeking a convenient and efficient workspace.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $385,000
- 6.5%
- $315,000
- 7%
- $350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $375,000
- Geo Method
- $360,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $370,000
- Retail
- $365,000
- Mixed-Use
- $375,000
- Hospitality
- $290,000
- Educational
- $295,000
- Residential Income
- $360,000
- Energy
- $310,000
- Income-Based Land
- $385,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Collingswood
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0714
- Latitude
- 39.9174
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA