Office and Heated Warehouse
208 N Broadway Gloucester City, NJ 08030
New
208 N Broadway, Gloucester City, NJ, 08030
$269,000
For Sale
$269,000
Dual-street access serves a professional front office with cubicles and conference space plus a heated rear warehouse/garage.
Property Size2,000 SF
Price / SF$134.50
Days on Market2
Property Features for 208 N Broadway
General Information
- Standard status
- Active
- Size
- 2,000 SF
Building Details
- Year Built
- 1960
Listing agency
RE/MAX Of Cherry Hill
(856) 905-8751
Listed by
Constance M Curci · License #0341281
Source
Kandorre
Added: Jul 20 Updated: Jul 21 at 10:38AM Checked: Jul 21 at 10:38AM
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 Of Cherry Hill
Investment Insights
Based on property information with market context.
This flexible commercial property combines office space with a heated warehouse/garage facility at the rear. The rear heated space includes a 12-foot overhead door, double entry doors, separate utilities, and direct access to the fenced yard, supported by two-zone heat and central air. The front building offers a professional business presence along Broadway with an open office/showroom area, ten cubicles, a large conference room, two private offices, and temperature-controlled storage, finished with vinyl plank flooring and modern technology infrastructure including Wi-Fi, networking capabilities, and an eight-camera security system.
Access is available from both Broadway and Filmore Street, supporting convenient loading and unloading for equipment, supplies, and vehicles. A fully fenced outdoor area expands operational capacity for fleet parking, trailers, equipment, materials, containers, and other outdoor storage needs, with extensive parking available on site.
Overall, the layout is designed to support businesses that want secure indoor workspace and equipment or vehicle storage paired with dedicated office and conference space, along with secure yard space for day-to-day operations.
Access is available from both Broadway and Filmore Street, supporting convenient loading and unloading for equipment, supplies, and vehicles. A fully fenced outdoor area expands operational capacity for fleet parking, trailers, equipment, materials, containers, and other outdoor storage needs, with extensive parking available on site.
Overall, the layout is designed to support businesses that want secure indoor workspace and equipment or vehicle storage paired with dedicated office and conference space, along with secure yard space for day-to-day operations.
Key Highlights
- 1960‑built double‑lot commercial property with access from both Broadway and Filmore Street
- Heated rear warehouse/garage includes a 12‑ft overhead door, double entry doors, separate utilities, and direct access to the fenced yard
- Fenced outdoor yard space for fleet parking, trailers, equipment, materials, containers, or outdoor storage
Local Financial Insights For Warehouse
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 | $31.2k | $15.60 |
| − Vacancy | −$2.6k | −$1.29 |
| EGI | $28.6k | $14.31 |
| − OpEx | −$4.3k | −$2.15 |
| NOI | $24.3k | $12.16 |
2,000 SF · lease $15.60/SF/yr · vacancy 8.30% · expense 15.00%
Alternative Uses
Best Use
Office B
$400.9K
$350.8K – $467.8K
NOI $28,065 @ 7.0% cap · market cap 10.43%
Second Best
Warehouse
$347.4K
$304.0K – $405.3K
NOI $24,319 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$507.1K
$443.7K – $591.6K
NOI $35,498 @ 7.0% cap · market cap 13.20%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Dolson Family Catering — 419 Highland Blvd, Gloucester City, NJ 08030
FAQs
What type of property is this?
Flex space - Dual-street access serves a professional front office with cubicles and conference space plus a heated rear warehouse/garage.
Where is this flex space located?
The property is located at 208 N Broadway Gloucester City, NJ.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 1960‑built double‑lot commercial property with access from both Broadway and Filmore Street; Heated rear warehouse/garage includes a 12‑ft overhead door, double entry doors, separate utilities, and direct access to the fenced yard; Fenced outdoor yard space for fleet parking, trailers, equipment, materials, containers, or outdoor storage
