62-68 S Broad St - Storefront Retail/Office FOR SALE


Woodbury, NJ 08096
$1,350,000 USD
856-354-9700
62-68 S Broad St, Woodbury, NJ for Sale
$1,350,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | Request Cap Rate

62-68 S Broad St
Woodbury, NJ 08096


HIGHLIGHTS

  • 28,000 SF total area, including 16,000 SF on the primary level and a large usable basement.
  • Broad street frontage ensures high visibility along a main retail corridor.
  • Designated Redevelopment Zone with PILOT eligibility for potential tax advantages.
  • Walkable downtown location close to municipal buildings, retail, and dining.
  • Nearby major mixed-use redevelopment with 200 approved apartments.
  • Planned Glassboro-Camden Light Rail station, strengthening regional connectivity.

OVERVIEW

This 28,000 SF commercial property offers a rare opportunity in the heart of Woodbury’s vibrant downtown district. Built originally for S.S. Kresge Company, the structure showcases strong mid-century construction and a broad retail frontage along South Broad Street. Zoned for flexible commercial use and located in a designated redevelopment area, this asset is well-positioned for adaptive reuse projects or value-add repositioning. The site benefits from proximity to municipal offices, retail anchors, and the underway redevelopment of the former Underwood Memorial Hospital campus into a major mixed-use project featuring 200 approved apartments. Future connectivity will be further enhanced by the Glassboro-Camden Light Rail (GCL) slated for service in 2028. With walkable access to restaurants, services, and ample public parking, the location is ideal for investors seeking growth potential supported by city-led revitalization initiatives and PILOT program eligibility.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$48 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.38 AC

LAND SF

16,553 SF

ZONING

N/Av, Woodbury

APN/PARCEL ID

22-00120-0000-00007

ASK ABOUT THIS PROPERTY

Kevin BurnsMarkeim Chalmers, IncMore Info
856-354-9700

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Kevin BurnsMarkeim Chalmers, IncMore Info
856-354-9700

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