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Profitable Pharmacy in Prime Location
For Sale
$575,000

11111 Broadway Road, Long Branch, NJ 07740

SINGLE_FAMILY - Long Branch, NJ

Property Size5,360 SF
Price / SF$107.28
Days on Market133

Property Features for 11111 Broadway Road

General Information

Property type Residential
Property subtype Retail
Zoning C-1
Parking features Open
Lot features Near Shopping
Standard status Active
APN 2700246000000008
Size 5,360 SF

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air
Water source Public
Listing Agency: BEST REALTY · RE/MAX International
Listed By: Malav Kanuga
Added: Mar 22 Changed: May 14 Last Checked: Aug 1 at 12:06PM
MLS# 2612602R

Copyright © 2026 All Jersey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This established independent pharmacy, available for sale, has operated continuously for over 20 years. It is situated in a highly desirable, high-visibility location within a prime medical and senior care corridor. In 2025, the pharmacy generated approximately $2.7 million in gross sales, maintaining a consistent prescription volume and stable third-party relationships. The location benefits from its proximity to multiple adult day care centers, federally qualified health centers, senior housing communities, and specialized treatment clinics, providing a reliable and recurring referral base. The property offers strong long-term growth potential, including opportunities to expand into long-term care, specialty pharmacy services, adherence packaging, delivery programs, and clinical services. The building is approximately 4000 square feet and includes ample parking. The pharmacy has strong generic dispensing rates. This presents an opportunity for an experienced pharmacist or multi-store owner to acquire a long-established, profitable pharmacy with upside potential through dynamic ownership and basic marketing efforts. The property is zoned C-1 and is located in Long Branch, NJ.

Key Highlights

  • Established pharmacy with 20+ years of continuous operation and $2.7 million in gross sales (2025).
  • Prime location in a high‑visibility medical and senior care corridor.
  • Strong referral base due to proximity to adult day care centers, health centers, senior housing, and clinics.

Property Analytics

Current Use

Drug stores

Location Intelligence

Trade Area within ½ mile

1,274
Businesses Nearby
6k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 100%
Dunkin' Donuts Dining
6,067 visits/mo 0.3 miles

Demographics for 07740, NJ

31,905
Population
15,208
Households
2.1
Avg Household Size
38
Median Age
35%
College-Educated
84%
High-School Grad
5.3 sq mi
ZIP Area
6,020
Density / Sq Mi
$73,806
Median Household Income
$38,614
Median Earnings
$1,744
Median Rent
$521,900
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Drug store - Established pharmacy with strong growth potential in high-visibility location.
Where is this drug store located?
The property is located at 11111 Broadway Road Long Branch, NJ.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Established pharmacy with 20+ years of continuous operation and $2.7 million in gross sales (2025).; Prime location in a high‑visibility medical and senior care corridor.; Strong referral base due to proximity to adult day care centers, health centers, senior housing, and clinics.
More about this property
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