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    113 W Broadway Salem, NJ 08079

    For Sale
    $350,000

    CommercialSale - SALEM, NJ

    Property size:
    2,146 SF
    Lot size:
    0.52 Acres
    Days on Market:
    66
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 113 W Broadway

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    2,146 SF
    Lot size
    0.52 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1950
    Flooring type
    Tile, Tile - Ceramic
    Architectural style
    Other

    Berkshire Hathaway HomeServices Fox & Roach, Realtors [email protected]

    Listing agent Nancy Casey (856) 343-6000

    Listing date Oct 1, 2025

    MLS# NJSA2015304 Listing URL

    Copyright © 2025 Berkshire Hathaway HomeServices Fox & Roach, Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Iconic Salem Oak Diner For Sale

    The Salem Oak Diner, a Silk City Diner, is available for purchase, including the building, business, and equipment. Situated at the corner of West Broadway and Oak Street in the Historic District, across from the Salem Oak Tree, this Art Deco diner features stainless-steel siding, retro lines, and original neon signage. The diner has an interior capacity of 80 seats, including 8 four-top booths, 10 stools at the main counter, 2 six-top booths, and a separate dining room with 8 four-top tables. Original features include AMI booth jukeboxes, retro counters, and Art Deco details. The property includes a full commercial kitchen with all equipment. The layout and infrastructure are suited for daily food service or specialty concepts, including breakfast, lunch, dinner, late-night operation, themed pop-up, or a restored retro dining experience. The corner location across from the Salem Oak Tree offers historical significance and foot traffic. The property is located down the street from the Courthouse, within an active revitalization zone.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Salem Oak Diner Diner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Salem Oak Diner

    Location Insight

    • Map
    • Local Demand
    City
    Salem
    County
    Salem
    State
    New Jersey
    Longitude
    -75.47085
    Latitude
    39.57259

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    FAQs

    What type of property is this?
    Breakfast & diner - Turnkey Silk City diner in historic Salem, New Jersey.
    Where is this breakfast & diner located?
    The property is located at 113 W Broadway Salem, NJ.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: - Turnkey business opportunity: Includes building, business, and all equipment.; - **Authentic and rare Silk City Diner**: A vintage model built in the early 1950s.; - **Prime corner location**: Across from the historic Salem Oak Tree, near the Courthouse, and in an active revitalization zone.
    (856) 343-6000
    Request Owner's contact information
    113 W Broadway Salem, NJ 08079
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    Salem, NJ 08079
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    113 W Broadway Salem, NJ 08079
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