Corner Lot Restaurant with Two
For Sale
Contact for pricing
17 S BROADWAY, Gloucester City, NJ 08030
Restaurant on a high-visibility corner lot offering dine-in and takeout, with two entrances, about eight parking spaces, and included kitchen equipment sold AS-IS.
Property Size1,200 SF
Price / SF$2.33
Days on Market155
Property Features for 17 S BROADWAY
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
8
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
RE/MAX Preferred - Cherry Hill
(856) 616-2626
Listed By:
Cecily Cao · License #RS320084
(267) 984-3745
Source:
Cummingsrealtors
Added: May 21
Changed: Sep 7
Last Checked: Oct 5 at 8:18PM
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 RE/MAX Preferred - Cherry Hill
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Investment Insights
Based on property information with market context.
This restaurant property is available for sale in Gloucester City, NJ and is set up for both dine-in and takeout service. The site is a high-visibility corner lot with two entrances and approximately eight parking spaces. Existing kitchen equipment is included and will be sold AS-IS.
In addition to restaurant use, the property is described as suitable for retail or other permitted commercial uses. Buyers and tenants should verify all permitted uses with the municipality.
The overall offering combines an operational-ready food service setup with straightforward site access, including two entry points from the corner lot configuration.
In addition to restaurant use, the property is described as suitable for retail or other permitted commercial uses. Buyers and tenants should verify all permitted uses with the municipality.
The overall offering combines an operational-ready food service setup with straightforward site access, including two entry points from the corner lot configuration.
Key Highlights
- Restaurant on a high‑visibility corner lot with two entrances and dine‑in and takeout service
- About eight parking spaces available on‑site
- Includes existing kitchen equipment; sold AS‑IS
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,147
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940
$302.9K
Cap Rate 7%
$216,386
$216.4K
Cap Rate 9%
$168,300
$168.3K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$21.6K $18.00/SF
− Vacancy
−$1.4K −$1.17/SF
EGI
$20.2K $16.83/SF
− OpEx
−$5.0K −$4.21/SF
NOI
$15.1K $12.62/SF
Area
Camden County, NJ
Vacancy
6.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,940
Cap Rate 7%
$216,386
Cap Rate 9%
$168,300
Alternative Uses
Best Use
Specialty Retail
$216.4K
$189.3K – $252.5K
NOI $15,147 @ 7.0% cap · market cap 540.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$304.3K
$266.2K – $355.0K
NOI $21,299 @ 7.0% cap · market cap 760.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
568
Businesses Nearby
34k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 86%
Dining 14%
Dollar Tree
Shops & Services
7,805 visits/mo
0.4 miles
Dollar General
Shops & Services
7,629 visits/mo
0.5 miles
Phillips 66
Shops & Services
6,573 visits/mo
0.2 miles
Dunkin' Donuts
Dining
4,813 visits/mo
0.5 miles
TD Bank
Shops & Services
4,006 visits/mo
0.0 miles
Demographics for 08030, NJ
13,261
Population
5,470
Households
2.4
Avg Household Size
37
Median Age
20%
College-Educated
87%
High-School Grad
2.8 sq mi
ZIP Area
4,736
Density / Sq Mi
$66,190
Median Household Income
$38,853
Median Earnings
$1,498
Median Rent
$169,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant on a high-visibility corner lot offering dine-in and takeout, with two entrances, about eight parking spaces, and included kitchen equipment sold AS-IS.
Where is this conventional restaurant located?
The property is located at 17 S BROADWAY Gloucester City, NJ.
What are key features of this property?
This property features: Restaurant on a high‑visibility corner lot with two entrances and dine‑in and takeout service; About eight parking spaces available on‑site; Includes existing kitchen equipment; sold AS‑IS
