456 S Broadway - Office/Residential FOR SALE


Gloucester City, NJ 08030
$300,000 USD
856-381-7884
456 S Broadway, Gloucester City, NJ for Sale
$300,000 USD
Office/Residential - FOR SALE
1/23
null | Request Cap Rate

456 S Broadway
Gloucester City, NJ 08030


HIGHLIGHTS

  • Located on the main strip of Broadway in Gloucester City, NJ, offering high visibility and accessibility.
  • Features a professional office on the first floor and a residential unit on the second floor, providing diverse rental income opportunities.
  • The professional office on the first floor has been recently renovated and is ready for occupancy, previously used as a pediatric practice.
  • Recent updates include new siding and a new roof, ensuring durability and low maintenance.
  • Offers private parking in the rear of the property for added convenience for both office and residential tenants.
  • The property is move-in ready, making it an excellent option for a savvy investor seeking immediate rental income.

OVERVIEW

This turnkey mixed-use investment property offers a prime opportunity on the main commercial corridor of Gloucester City. Featuring a professional office space on the first floor occupied by a compound pharmacy and a fully updated residential apartment on the second floor, the property is ideally suited for investors seeking stable income and long-term upside. The second-floor apartment includes 2 bedrooms, a tiled bathroom, washer/dryer hookup, a bright sunroom, and private rear parking. A new tenant is in place on year to year lease. The first-floor professional office has been recently rehabbed and is occupied by a compound pharmacy. Previously occupied by a podiatry practice for many years, the space benefits from excellent visibility and frontage along Broadway. Additional highlights include mixed-use zoning, private parking, newer siding and roof, and strong rental potential in a highly visible location. A true turnkey opportunity for the savvy investor or business owner looking to generate income immediately. Separate utilities, separate entrances for tenants, large parking area in the rear of the property, close to Dunkin donunts, dollar general, public transportation and just minutes to Philadelphia. Excellent investment property with great upside, stable tenants and good income.

FOR SALE DETAILS

PRICE

$300,000 USD

PRICE/SF

$115 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Investment property available

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

-

APN/PARCEL ID

14-00131-0000-00042

ASK ABOUT THIS PROPERTY

Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-381-7884

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Dawn VaralloBerkshire Hathaway Fox & Roach - Devon-WayneMore Info
856-381-7884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.