6938 Westfield Ave Unit Pennsauken, NJ 08110
- Commercial real estate
- 0.08 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 6938 Westfield Ave Unit
- Construction
- BRICK
- Lot size
- 0.08 lot acres
- Property type
- Commercial real estate
- APN
- 27 02205-0000-00001
- APU
- 2702205000000001
Description
This exceptional mixed-use investment opportunity in Pennsauken, NJ, presents a compelling return on investment. The property encompasses three buildings on a 0.13-acre lot, totaling 4,000 square feet. The first building houses a thriving Spanish restaurant on the ground floor, generating a monthly rental income of $2,500, and a well-maintained two-bedroom apartment above, yielding $1,100 per month. All restaurant equipment is included in the sale. The second building is a 500-square-foot commercial space, currently vacant, available for lease at $1,500 per month, ideal for retail businesses. The third building is a large garage, also vacant and available for lease at $1,500 per month, perfectly suited for automotive-related enterprises. The property's location in a desirable area ensures strong tenant demand and potential for future appreciation. This turnkey investment offers immediate cash flow and significant upside potential for a savvy investor. The address is 6938 Westfield Avenue, Pennsauken, NJ. The asking price is $949,911.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Pennsauken
- County
- Camden
- State
- New Jersey
- Longitude
- -75.0508
- Latitude
- 39.9668
- CBSA code
- 37980
- CBSA name
- PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
