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    Turn-Key Convenience Business Opportunity Title is generated by Realmo AI

    272 PITMAN DOWNER Road, Sewell, NJ 08080

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    Claim this Listing
    For Sale
    $700,000

    Commercial Sale - SEWELL, NJ

    Type:Retail
    Property size:
    4,000 SF
    Lot size:
    0.56 Acres
    Price / SF:
    $175/SF
    Added:
    Apr 28, 2026
    Days on Market:
    48
    Last Refresh:
    Jun 14 at 2:06 am

    Property Features for 272 PITMAN DOWNER Road

    General Information

    Property type
    Other
    Property subtype
    Retail
    Parking
    26
    Parking features
    Parking Lot
    Standard status
    Active
    Size
    4,000 SF
    Lot size
    0.56 Acres

    Taxes and HOA fees

    Tax Annual Amount
    14197

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1980
    Number of units
    1

    We can help!

    Listing Contact
    Paul P Cheng

    Listing agent Paul P Cheng License #AB068536

    Listing office Keller Williams Realty 409 Marlton Pike, Cherry Hill, NJ

    Listing date Apr 28, 2026

    MLS# NJGL2072490

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Turn‑key convenience business building in a desirable South Jersey location.
    • Large parking lot with ample parking.
    • Approximately 4,000 sq ft of retail space.
    • Extensive inventory comparable to a supermarket.
    • Business also for sale for $300,000 with lease $5,000 NNN.
    • Central heating and central air conditioning.

    Overview

    This commercial property presents an opportunity to own a turn-key convenience business building situated in a desirable South Jersey location. The property includes a large parking lot with ample parking space. The retail space encompasses approximately 4,000 square feet and is stocked with a variety of merchandise, including lottery, cigarettes, cigars, soft drinks, and everyday household items. The mini market offers an extensive inventory. The property is located in Sewell, NJ. The lot size is 0.56 acres. The business is also for sale with lease.

    Local Financial Insights For Specialty 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 $72.0k $18.00
    − Vacancy −$3.7k −$0.92
    EGI $68.3k $17.08
    − OpEx −$17.1k −$4.27
    NOI $51.2k $12.81
    4,000 SF · lease $18.00/SF/yr · vacancy 5.10% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $732.1K
    $640.6K – $854.1K (±1% cap)
    NOI $51,246 @ 7.0% cap · market cap 7.32%
    Second Best
    Retail
    $646.8K
    $566.0K – $754.7K (±1% cap)
    NOI $45,279 @ 7.0% cap · market cap 6.47%
    Theoretical Best
    Office A
    $1.34M
    $1.18M – $1.57M (±1% cap)
    NOI $94,119 @ 7.0% cap · market cap 13.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    STAR MART Grocery & Convenience Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Sewell
    County
    Gloucester
    State
    New Jersey
    Longitude
    -75.08572
    Latitude
    39.71988

    FAQs

    What type of property is this?
    Grocery and convenience store - Turn-key convenience business building in desirable South Jersey location.
    Where is this grocery and convenience store located?
    The property is located at 272 PITMAN DOWNER Road Sewell, NJ.
    What is the asking price?
    The asking price for this property is $700,000.
    What are key features of this property?
    This property features: Turn‑key convenience business building in a desirable South Jersey location.; Large parking lot with ample parking.; Approximately 4,000 sq ft of retail space.
    More about this property
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