Corner Retail Storefront

2588 Tilton Rd Egg Harbor Township, NJ 08234

Claim this Listing
For Sale
$475,000

COMMERCIAL - Egg Harbor Township, NJ

Property size:
3,500 SF
Price / SF:
$135/SF
Added:
Jan 4, 2026
Days on Market:
189
Last Refresh:
Jul 12 at 9:06 am

Property Features for 2588 Tilton Rd

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
RG-4
Rooms
Laundry Room, Utility Room
Security features
Security System
Interior features
Display Windows, Restroom, Security System, Smoke/Fire Alarm
Exterior features
Sign
Standard status
Active

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
12070

Utilities

Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Cooling system
Central Air
Water source
Public

Building Details

Number of units
2
Flooring type
Linoleum
Roof type
Asphalt

Listing agent Ashish Patel License #2561431

Listing office BALSLEY/LOSCO 1630 NEW ROAD, Northfield, NJ

Listing date Jan 4, 2026

MLS# 603451

Copyright © 2026 South Jersey Shore Regional 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 corner commercial property includes one building with two separate commercial spaces. One space is an operating convenience store, and the second space is currently vacant and can be repurposed for a variety of uses. The property is offered as part of a package including the building and the convenience store business, with inventory excluded, and is sold in as-is condition.

The property is located on Tilton Rd at the intersection with Van Mar Ave, offering corner visibility. It is adjacent to apartment buildings, supporting a steady flow of nearby demand.

The vacant space offers flexibility for an office, restaurant, deli, hair salon, nail salon, or dry cleaner, depending on the buyer’s concept and approval requirements.

Key Highlights

  • Corner commercial location at Tilton Rd and Van Mar Ave
  • One building with two separate commercial spaces: operating convenience store (~2,000 SF) plus vacant space (~1,500 SF)
  • Vacant space suited for an office, restaurant, deli, hair or nail salon, or dry cleaner (per listing)

Local Financial Insights For Retail

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 $52.5k $15.00
− Vacancy −$4.5k −$1.28
EGI $48.0k $13.73
− OpEx −$14.4k −$4.12
NOI $33.6k $9.61
3,500 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%

Alternative Uses

Best Use
Specialty Retail
$773.6K
$676.9K – $902.5K (±1% cap)
NOI $54,149 @ 7.0% cap · market cap 11.40%
Second Best
Retail
$480.4K
$420.3K – $560.4K (±1% cap)
NOI $33,626 @ 7.0% cap · market cap 7.08%
Theoretical Best
Warehouse
$1.30M
$1.14M – $1.52M (±1% cap)
NOI $91,236 @ 7.0% cap · market cap 19.21%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Grocery and convenience stores

Suggested Use

Real Estate Agency Building Supply Hair Salon Law Firm Pharmacy Electrical Service HVAC Service Restaurant Skin Care Clinic Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Grocery and convenience store - Corner commercial building with an operating convenience store and a vacant second space, both suited for retail or service use.
Where is this grocery and convenience store located?
The property is located at 2588 Tilton Rd Egg Harbor Township, NJ.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Corner commercial location at Tilton Rd and Van Mar Ave; One building with two separate commercial spaces: operating convenience store (~2,000 SF) plus vacant space (~1,500 SF); Vacant space suited for an office, restaurant, deli, hair or nail salon, or dry cleaner (per listing)
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