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3069 River Rd 7,000 SF 100% Leased Retail Building Camden, NJ 08105 $2,791,840 CAD ($398.83 CAD/SF) 7.32% Cap Rate
EXECUTIVE SUMMARY
Prime Investment Opportunity! Proud to present 3069 River Road, a multi-use commercial property with diverse income streams and exceptional upside potential. This turnkey asset features a Fully Operational Laundromat – Equipped with Solar Panels for cost savings and 24 commercial-grade washing machines & 26 commercial dryers, this established, high-traffic laundromat offers immediate cash flow and expansion potential in a densely populated area. Also featured are Multiple Office Spaces – Flexible layouts ideal for professional services, co-working suites, or boutique business operations. There is also Residential Income – A spacious two-bedroom apartment on the second floor provides an additional revenue stream or on-site manager housing. This strategically located property is nestled in a high-demand corridor of Camden, benefiting from strong local demographics, increased urban development, and growing interest from entrepreneurs, remote professionals, and small business owners. With a projected Pro Forma cap rate of 8–10%, this property delivers both immediate income and long-term appreciation potential. Market-rate rents, standard escalation clauses, and stable tenant demand make this a compelling acquisition for seasoned investors and newcomers alike. Whether you're looking to own a business, diversify your portfolio, or capitalize on Camden's resurgence, 3069 River Road is a rare, income-producing opportunity that checks all the boxes. Contact us to schedule your private tour or request financials and Pro Forma projections.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
7,000 SF
Building Class
C
Year Built
2005
Price
$2,791,840 CAD
Price Per SF
$398.83 CAD
Cap Rate
7.32%
NOI
$204,363 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.17
Lot Size
0.14 AC
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 08-00922-0000-00052 | Improvements Assessment | $343,071 CAD |
| Land Assessment | $40,675 CAD | Total Assessment | $383,746 CAD |
PROPERTY TAXES
Parcel Number
08-00922-0000-00052
Land Assessment
$40,675 CAD
Improvements Assessment
$343,071 CAD
Total Assessment
$383,746 CAD
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3069 River Rd
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