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Mixed-Use Building with Theater
For Sale
Contact for pricing
Pending

221 Broad St, Florence, NJ 08518

Two-unit property combines a first-floor theater space with an occupied upper-level apartment.

Property SizeContact for details
Days on Market142

Property Features for 221 Broad St

General Information

Standard status Pending
Property subtype Retail, Mixed Use
Listing Agency: BHHS Fox & Roach
Listed By: Gilbert Cheeseman · License #NJ 1007121
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 4:22PM

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 BHHS Fox & Roach

Investment Insights

Based on property information with market context.

Located at 221 Broad St in downtown Florence’s business district, this 5,400-square-foot mixed-use building is arranged as two units. The first floor is occupied by The Central NJ Ballet Theatre under a month-to-month lease and includes approximately 3,400 square feet of open area, an office, two bathrooms, a waiting room, and a changing room. The space is handicap accessible.

The approximately 2,000-square-foot second-floor apartment is occupied under a one-year lease and offers two-plus bedrooms, a living room, dining room, kitchen, laundry room, and bonus room. A large deck overlooks downtown. Showings require 24-hour notice.

Key Highlights

  • 5,400‑square‑foot mixed‑use building divided into two units
  • First‑floor theater space includes approximately 3,400 square feet of open area
  • First floor has an office, two bathrooms, waiting room, and changing room

Property Analytics

Current Use

Theaters & concert halls

Suggested Use

Top Pick Hair Salon Law Firm Spa & Massage Center Parking Lot & Garage Auto Repair Shop HVAC Service

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

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby

Demographics for 08518, NJ

5,943
Population
2,165
Households
2.7
Avg Household Size
42
Median Age
24%
College-Educated
88%
High-School Grad
1.9 sq mi
ZIP Area
3,128
Density / Sq Mi
$102,321
Median Household Income
$45,337
Median Earnings
$1,253
Median Rent
$287,900
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-unit property combines a first-floor theater space with an occupied upper-level apartment.
Where is this mixed-use property located?
The property is located at 221 Broad St Florence, NJ.
What are key features of this property?
This property features: 5,400‑square‑foot mixed‑use building divided into two units; First‑floor theater space includes approximately 3,400 square feet of open area; First floor has an office, two bathrooms, waiting room, and changing room
More about this property
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