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    222 Broad St Gibbstown, NJ 08027

    For Sale
    $125,000

    Prime Broad Street location, 4,050 sq ft, high visibility.

    Property size:
    4,050 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional retail opportunity presents 4,050 square feet of commercial space at 222 W Broad Street in Gibbstown, New Jersey. Located on a highly visible section of Broad Street, this property offers significant potential for a variety of businesses. The building, currently configured as a TV repair shop (operating for 35 years), occupies the left half of a larger structure. The right side is independently owned and operated as a daycare center and is not included in this sale. This presents a unique chance to establish a business in a vibrant area experiencing revitalization. Across the street, renovations are underway for a new Ciconte's pizza location, further enhancing the area's appeal and foot traffic. A key feature of this property is a full-length basement, providing ample storage space or the possibility for expansion. Additionally, a sizable yard at the rear of the building offers further flexibility and potential uses. The 0.09-acre lot provides convenient access and ample space for customers and deliveries. This property is priced at $125,000 and represents a compelling investment opportunity for an entrepreneur seeking a well-located, established space with significant upside potential. The property's history and existing infrastructure provide a solid foundation for a new business venture.

    Property Features for 222 Broad St

    General Information

    Property type
    Retail properties
    Square Feet
    4,050 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1953
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Restaurant Spa & Massage Dental Office Food Market Grocery Store Gym & Fitness Daycare Center Accounting Firm Building Supply Bar & Pub

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

    Location Insight

    • Map
    • Local Demand
    City
    Gibbstown
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.28352
    Latitude
    39.82536

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    Nearby Similar for Sale

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      Gibbstown Industrial Property - Great Potential

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    FAQs

    What type of property is this?
    Retail property - Prime Broad Street location, 4,050 sq ft, high visibility.
    Where is this retail property located?
    The property is located at 222 Broad St Gibbstown, NJ.
    What is the asking price?
    The asking price for this property is $125,000.
    (856) 223-1400
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    222 Broad St Gibbstown, NJ 08027
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    Gibbstown, NJ 08027
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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
    222 Broad St Gibbstown, NJ 08027
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