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    Retail Food Market Building Title is generated by Realmo AI

    780 Route 47, South Dennis, NJ 08210

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    Claim this Listing
    For Sale
    $549,999

    SINGLE_FAMILY - South Dennis, NJ

    Type:Retail
    Property size:
    2,000 SF
    Lot size:
    1.70 Acres
    Price / SF:
    $274/SF
    Added:
    May 8, 2025
    Days on Market:
    416
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 780 Route 47

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    VC
    Interior features
    Fire Sprinkler System
    Exterior features
    Restrooms
    Standard status
    Active
    Lot size
    1.70 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    7317

    Utilities

    Heating system
    Natural Gas, Propane (Heating)
    Cooling system
    Central Air
    Water source
    Well

    Building Details

    Year built
    1955
    Number of units
    1

    We can help!

    Contact an agent
    Diane V. Walker

    Listing agent Diane V. Walker License #8831111

    Listing office Coldwell Banker James C Otton Real Estate - CMCH 15 S Main Street, NJ

    Listing date May 8, 2025

    MLS# 251350

    Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑visibility location on a busy corner of Route 47 & Court House‑South Dennis Road.
    • Commercial building with approximately 2,000 sq ft on 1.7 acres.
    • Versatile space suitable for various businesses, previously a restaurant/diner and currently a retail food market.
    • Ample parking available in front and rear of the building.
    • Equipped with fire sprinkler system, central air, and restrooms.
    • ADT alarm system and potential transfer of NJ Lottery machine.

    Overview

    A freestanding retail food market building of approximately 2,000 square feet (40 by 50), offered as-is and currently operating as a retail food market business. The property sits on 1.7 acres and includes an ADT alarm system. A NJ Lottery machine is currently in place and may be transferable upon sale, subject to applicable requirements.

    The building is located on a busy corner at Route 47 and Court House-South Dennis Road in South Dennis. The site provides ample parking in both the front and rear, supporting convenient customer access for a retail use.

    This property is well suited for buyers looking for a storefront-ready format with the option to continue a retail food market operation or explore other business uses. Prior to closing, the seller will consider serious offers. The building itself is for sale; inventory, furnishings, and equipment are to be sold separately or negotiated prior to closing. All inspections and due diligence will be the responsibility of the buyer in accordance with Dennis Township requirements, and the property is shown by appointment only with a 48-hour notice.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $43.2k $21.60
    − Vacancy −$2.6k −$1.30
    EGI $40.6k $20.30
    − OpEx −$10.2k −$5.08
    NOI $30.5k $15.23
    2,000 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $435.1K
    $380.7K – $507.6K (±1% cap)
    NOI $30,456 @ 7.0% cap · market cap 5.54%
    Second Best
    Retail
    $331.2K
    $289.8K – $386.4K (±1% cap)
    NOI $23,184 @ 7.0% cap · market cap 4.22%
    Theoretical Best
    Office A
    $612.2K
    $535.7K – $714.2K (±1% cap)
    NOI $42,854 @ 7.0% cap · market cap 7.79%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Spa & Massage Center Hair Salon Nail Salon Auto Parts Store Department Store Food Market Grocery & Convenience Store Storage Facility Electrical Service Electronics & Wireless Store

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

    Location Insight

    • Map
    • Local Demand
    City
    South Dennis
    County
    Cape May
    State
    New Jersey
    Longitude
    -74.819516
    Latitude
    39.17646

    FAQs

    What type of property is this?
    Grocery and convenience store - Freestanding 2,000 SF retail building on a busy corner with ample front and rear parking.
    Where is this grocery and convenience store located?
    The property is located at 780 Route 47 South Dennis, NJ.
    What is the asking price?
    The asking price for this property is $549,999.
    What are key features of this property?
    This property features: High‑visibility location on a busy corner of Route 47 & Court House‑South Dennis Road.; Commercial building with approximately 2,000 sq ft on 1.7 acres.; Versatile space suitable for various businesses, previously a restaurant/diner and currently a retail food market.
    More about this property
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