Property Description
Commercial - CAMDEN, NJ This is one of the best areas of Camden City. This was a 14,000 plus sq ft warehouse that had a fire in 2022 which took down 4,000 sq ft. It is highly possible that the existing 10,000 should be able to be expanded back to its former size. The Warehouse has a 23 ft peak free span ceiling in the center. Steal construction. The land offered in the MLS for this property is only part of what you will receive. The owner has secured the neighboring 4 lots and will convey them as well when he has full possession. 2204 S 7th is located in an Urban Enterprise Zone. Make sure your business participates in the numerous opportunities The Department of Community Affairs is providing to stimulate its growth such as:
Reduced Sales Tax – currently 3.3125%. ¿¿Tax-Free Purchases on certain items such as capital equipment, facility expansions, and upgrades
Corporate Business Tax Credits for hiring new employees, unemployment insurance tax benefits.¿¿Financial Assistance is available from NJEDA. Please participate in the numerous financial incentive programs being offered, from the small business fund, direct loans, and small business improvement grants.
Perfect property for an SBA 504 green loan as well. Don't miss out on the opportunity to purchase this property with so many financial incentives given by the SBA as well as the state.
Literally 2/10 of a mile away from interstate 676 east & west. 5 minutes away from area bridges Ben Franklin and Walt Whitman Bridge. Less than 10 minutes away from Interstate 95 &295, route 38, 42 55, 70, 73, and route 130. Both ports are less than 1 mile away (South Jersey port & The Gloucester Marine Terminal).
Come and see why a plethora of companies and universities have elected to be a part of Camden's revitalization which includes economic growth, vast tax benefits, and LOCATION.