6938 Westfield AvePennsauken, NJ 08110

Property Details for 6938 Westfield Ave

Construction

BRICK

Lot size

0.08 AC

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.

• Alternative Use

  Use

  Valuation

  Residential

  $887,298

  Hospitality

  $812,760

  Educational

  $676,207

  Medical

  $699,463

  Retail

  $1,051,877

Location Insight

City

Pennsauken

County

Camden

State

New Jersey

Latitude

39.9668

Longitude

-75.0508

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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