Office and Heated Warehouse
For Sale
$269,000
208 N Broadway, Gloucester City, NJ 08030
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 Market98
Property Features for 208 N Broadway
General Information
Standard status
Active
Size
2,000 SF
Site & Location
Road Access
Yes
Fenced Yard
Yes
Additional Details
Drive-In Doors
1
Building Details
Year Built
1960
Listing Agency:
RE/MAX Of Cherry Hill
Listed By:
Constance M Curci · License #0341281
(856) 905-8751
Source:
Bernadetteaugello
Added: Jul 20
Changed: Oct 7
Last Checked: Oct 7 at 5:28PM
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
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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
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,319
Cap Rate
9.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,380
$486.4K
Cap Rate 7%
$347,414
$347.4K
Cap Rate 9%
$270,211
$270.2K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$31.2K $15.60/SF
− Vacancy
−$2.6K −$1.29/SF
EGI
$28.6K $14.31/SF
− OpEx
−$4.3K −$2.15/SF
NOI
$24.3K $12.16/SF
Area
Camden County, NJ
Vacancy
8.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,380
Cap Rate 7%
$347,414
Cap Rate 9%
$270,211
Alternative Uses
Best Use
Warehouse
$347.4K
$304.0K – $405.3K
NOI $24,319 @ 7.0% cap · market cap 9.04%
Second Best
Industrial
$278.4K
$243.6K – $324.8K
NOI $19,488 @ 7.0% cap · market cap 7.24%
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 authorities.
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Property Analytics
Who owns this building?
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Current Use
Lease Details
1
Drive-in doors
Yes
Fenced yard
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
423
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Dolson Family Catering — 419 Highland Blvd, Gloucester City, NJ 08030
Frequently Asked Questions
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
