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Retail Storefront with Expansion Space
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11 W BROAD ST, Palmyra, NJ 08065

Established retail operation with adjoining vacant space that may support a larger format, subject to applicable approvals.

Property Size4,500 SF
Price / SF$1.00
Days on Market4

Property Features for 11 W BROAD ST

General Information

Standard status Active
Size 4,500 SF
Property subtype Commercial

Additional Details

Business Included Yes

Building Details

Year Built 1900
Listing Agency: Weichert Realtors-Cherry Hill
Listed By: Meenu Bhular
Source: Cummingsrealtors
Added: Aug 19 Changed: Aug 22 Last Checked: Aug 22 at 3:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors-Cherry Hill

Investment Insights

Based on property information with market context.

This established retail storefront includes approximately 4,500 square feet configured for merchandise displays, customer shopping, inventory, and storage. An additional approximately 4,500-square-foot adjacent space is vacant, and the dividing wall may be removed to create approximately 9,000 square feet, subject to applicable approvals. The existing business has been operated by the owners and their family for many years and includes lottery sales.

The property is located at 11 W Broad St in Palmyra, New Jersey. The building dates to 1900. The occupancy arrangement includes property taxes, while the operator is responsible for utilities. The offering includes the established retail business and provides an existing storefront platform with room for expansion or a larger-format retail concept, subject to approvals.

Key Highlights

  • Approximately 4,500 SF of existing retail space
  • Additional approximately 4,500 SF vacant adjacent space
  • Dividing wall may be removed to create approximately 9,000 SF, subject to applicable approvals

Property Analytics

Current Use

Ladies choice Hair Salon Palmyra Dollar Store (Bike/Boat/Book/etc) Store Kel Bells Good ... Cafe & Coffee Shop Moment to Moment Events Wedding Service

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Daycare Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Wawa Shops & Services
13,925 visits/mo 0.1 miles
Conoco Shops & Services
4,695 visits/mo 0.2 miles
Santander Bank Shops & Services
2,583 visits/mo 0.1 miles
Liberty Tax Shops & Services
286 visits/mo 0.3 miles

Demographics for 08065, NJ

7,438
Population
3,406
Households
2.2
Avg Household Size
42
Median Age
30%
College-Educated
95%
High-School Grad
1.8 sq mi
ZIP Area
4,132
Density / Sq Mi
$85,014
Median Household Income
$51,085
Median Earnings
$1,680
Median Rent
$216,600
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
Rey
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Similar Off Market Nearby

  • Parker's Flower Shop 602 Parry Ave, Palmyra, NJ 08065

Frequently Asked Questions

What type of property is this?
Storefront property - Established retail operation with adjoining vacant space that may support a larger format, subject to applicable approvals.
Where is this storefront property located?
The property is located at 11 W BROAD ST Palmyra, NJ.
What are key features of this property?
This property features: Approximately 4,500 SF of existing retail space; Additional approximately 4,500 SF vacant adjacent space; Dividing wall may be removed to create approximately 9,000 SF, subject to applicable approvals
More about this property
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