1240 WALNUT ST, Camden, NJ 08103
Listed by Dae Jenkins • Real Broker, LLC
$399,000
Est. payment /mo
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5,780 Sqft Lot
Price Dropped by $16K

1240 WALNUT ST Camden, NJ 08103

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Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

MLS Listing ID NJCD2119310

Year Built 1956

Annual Tax Amount $3,893

Tax Year 2025

Lot Size 5,780 Sqft

Acres 0.13

Lot Dimensions 59.00 x 0.00

Property Sub-Type Other

Source BRIGHT

Property Description

Prime commercial investment opportunity in the heart of Camden! This freestanding commercial property offers excellent visibility, accessibility, and versatility in an area experiencing continued investment and redevelopment. Zoned for automotive use, including auto body and car dealership operations, the property offers an ideal opportunity for an owner-user, investor, or entrepreneur looking to establish or expand a business.

The property features a spacious open floor plan, high ceilings, roll-up garage door, office/reception area, prominent street frontage, and convenient rear access for deliveries and operations. Automotive equipment is included with the sale, providing an added advantage for a buyer looking to continue or expand an existing automotive operation.

Beyond the building itself, the location is the opportunity! Situated just minutes from Cooper University Hospital and MD Anderson Cancer Center at Cooper, Rutgers University–Camden, the Cooper Medical School of Rowan University, the Camden Waterfront, downtown Camden, and major employers and businesses. This property is positioned within an important medical, educational, commercial, and transportation corridor. The area also benefits from ongoing redevelopment and significant institutional investment, including continued growth surrounding the Coriell Institute and the Cooper campus.

Convenient access to I-676, Route 30, Route 130, the Ben Franklin Bridge, and Philadelphia further enhances the property's appeal for customers, employees, vendors, and investors. Whether continuing its current automotive use, expanding an existing business, or exploring another permitted commercial use, 1240 Walnut Street offers the rare combination of functionality, visibility, accessibility, and long-term investment potential in a rapidly evolving Camden market.

Location

State NJ

County Camden

Area Camden City (20408)

Zoning 4A

Interior

Hot Water 60+ Gallon Tank, Electric

Heating Other

Cooling Other

Equipment See Remarks

Heat Source Electric

Exterior

Garage Spaces 21.0

Water Access N

Accessibility 2+ Access Exits

Total Parking Spaces 21

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District Camden City Schools

Others

Tax ID 08-01285-00091

Ownership Fee Simple

Acceptable Financing Conventional, Cash, VA, FHA 203(b)

Listing Terms Conventional, Cash, VA, FHA 203(b)

Financing Conventional,Cash,VA,FHA 203(b)

Special Listing Condition Standard, Third Party Approval


Bright MLS (BMLS)
Nearby Locations

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Tanea Hoffman

Tanea Hoffman

REALTOR® License ID: NJ 2185133

+1(609) 781-6714

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1240 WALNUT ST