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2621-2623 Westfield Ave 7,010 SF 100% Leased Retail Building Camden, NJ 08105 $401,042 CAD ($57.21 CAD/SF) 9.30% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy foot traffic
- Fully rented
- Income producing
EXECUTIVE SUMMARY
Versatile multi-use property on Westfield Avenue in East Camden! Ground-floor storefront leased at $1,700/month through October 2026, plus a 4-bedroom, 1-bath apartment above, leased at $1,400/month through October 2026. Gas and electric paid by tenants. Water and sewer included in the rent. Features include a fenced backyard, full basement, and shared rear parking. Perfect for an owner-operator wanting to live above their business—or an investor seeking steady income. Located in a federal Opportunity Zone, offering potential tax benefits for qualifying investments. Act now—rare East Camden live/work property with turnkey rental income! This is an AS-IS Sale.
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
7,010 SF
Building Class
C
Year Built
1923
Price
$401,042 CAD
Price Per SF
$57.21 CAD
Cap Rate
9.30%
NOI
$37,297 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
12’
Building FAR
2.64
Lot Size
0.06 AC
Zoning
C1 - See attached Pro Forma and permitted zoning uses in the documents section
Frontage
36’ on Westfield Ave
AMENITIES
- Bus Line
- Signage
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-01169-0000-00049 | Total Assessment | $169,602 CAD |
| Land Assessment | $46,620 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $122,982 CAD | Tax Year | 2025 |
PROPERTY TAXES
Parcel Number
08-01169-0000-00049
Land Assessment
$46,620 CAD
Improvements Assessment
$122,982 CAD
Total Assessment
$169,602 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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2621-2623 Westfield Ave
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