1240 Walnut Street
Camden, NJ, 08103 $ 399,000
Bedrooms-- Baths-- Sq 5,663 Monthly Estimate*
$ 2,756
for $399,000. This 5,663 square foot building was built in 1956 on a lot size of 0.13.
Prime commercial investment opportunity in the heart of Camden! This freestanding commercial property at 1240 Walnut Street offers excellent visibility, accessibility, and versatility in an area experiencing rapid, continued investment and redevelopment. A true turnkey opportunity, this location has been home to a successful automotive business since 1966. The sale includes all in-place automotive equipment as well as an established clientele list, providing an incredible head start for an owner-user, investor, or entrepreneur ready to hit the ground running. Zoned for automotive useincluding auto body and car dealership operations the property features a spacious open floor plan, high ceilings, a roll-up garage door, an office/reception area, prominent street frontage, and convenient rear access for deliveries and operations. Beyond the building itself, the location is unbeatable. Situated just minutes from Cooper University Hospital, MD Anderson Cancer Center at Cooper, Rutgers University Camden, the Cooper Medical School of Rowan University, the Camden Waterfront, and downtown Camden. Positioned within a major medical, educational, commercial, and transportation corridor, the area benefits from significant institutional investment and ongoing redevelopment, 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, and vendors. Whether you are continuing its multi-decade automotive legacy, expanding an existing business, or exploring another permitted commercial use, this property offers a rare combination of functionality, visibility, and long-term investment potential in a rapidly evolving Camden market.
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FeaturesInteriorHeating Fuel Electric
Hot Water 60+ Gallon Tank Electric
Heating Y/N Y
Central Air Y/N N
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GeneralSewer Public Sewer
Heating Other
Cooling Other
Possession Settlement
Zoning 4A
Construction Materials Concrete
Year Built 1956
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality CAMDEN CITY
Business Type Storage
Accessibility 2+ Access Exits
County CAMDEN
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions Make driving directions going to this property. Use the nearest highway as starting point. Make the directions in paragraph form.MLS-style showing instructions 1240 Walnut St. Camden NJ 08103
City CAMDEN
Disclosures Prop Disclosure
Number Of Units Total 0
MLS Area Camden City (20408)
Lot Size Units Square Feet
Lot Size Square Feet 5780.00
Tax Annual Amount 3893.0
Price Per Sq Ft Total AG 70.46
Acceptable Financing Conventional Cash VA FHA 203(b)
Avg. Electric Per Month 250.0
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 00091
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ExteriorWater Source Public
Type of Parking On Street Parking Lot
Water View Y/N N
Building Area Total 5663.00
Lot Dimensions 59.00 x 0.00
Lot Size Acres 0.13
Lot Size Source Assessor
Waterfront Y/N N
Other Equipment See Remarks
Land Assessed Value 26800.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $2,756
- Monthly Property Taxes
- $324
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Camden, NJ
Average List Price $769,612
Percent of Sale Price 93%
About Camden, NJ 76,116 Population
-5% Since 2002
$ 27,038 Median Income
31.48 Median Age
40% Households with Children
Trends Information provided by ATTOM Data Solutions.
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/31/2026 | $399,000 | -3.86% | Price Down |
| 6/4/2026 | $415,000 | | Listed Price |