Historic Three-Story Retail
For Sale
Contact for pricing
32 N MAIN STREET, Mullica Hill, NJ 08062
Renovated retail space in a preserved historic building with substantial on-site parking.
Property Size3,535 SF
Lot Size5.35 Acres
Price / SF$1.45
Days on Market50
Property Features for 32 N MAIN STREET
General Information
Standard status
Active
Size
3,535 SF
Total Parking Spaces
35
Lot size
5.35 Acres
Property subtype
Commercial
Amenities
fireplaces
rich wood flooring
beautifully landscaped
backs to serene trees
Building Details
Year Built
1704
Year Renovated
2006
Buildings
1
Stories
3
Tenancy
Single
Listing Agency:
BHHS Fox & Roach-Mullica Hill South
(856) 343-6000
Listed By:
Dale A Riggs · License #8135574
(609) 743-8205
Source:
Cummingsrealtors
Added: Aug 28
Changed: Oct 15
Last Checked: Oct 15 at 12:49AM
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-Mullica Hill South
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story retail property occupies 3,535 square feet within a building constructed in 1704 and listed on The National Historic Places. A 2006 renovation was completed with guidance from the Mullica Hill Historic Preservation Committee, retaining features including five fireplaces and original-style wood flooring. The property is currently configured for retail use, with a layout that also accommodates residential or commercial occupancy.
Set on 5.35 acres, the property includes on-site parking for up to 35 vehicles. The grounds are landscaped and the rear of the property borders a wooded setting. Its downtown Mullica Hill location places the building near local dining, shopping, and cultural attractions.
Set on 5.35 acres, the property includes on-site parking for up to 35 vehicles. The grounds are landscaped and the rear of the property borders a wooded setting. Its downtown Mullica Hill location places the building near local dining, shopping, and cultural attractions.
Key Highlights
- 3,535‑square‑foot retail building spanning 3 floors
- Constructed in 1704 and listed on The National Historic Places
- Renovated in 2006 with historic‑preservation guidance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,015
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,300
$800.3K
Cap Rate 7%
$571,643
$571.6K
Cap Rate 9%
$444,611
$444.6K
Market Conditions
NOI Build-Up for 3,535 SF
Gross rent
$60.2K $17.04/SF
− Vacancy
−$3.1K −$0.87/SF
EGI
$57.2K $16.17/SF
− OpEx
−$17.1K −$4.85/SF
NOI
$40.0K $11.32/SF
Area
Gloucester County, NJ
Vacancy
5.10%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$800,300
Cap Rate 7%
$571,643
Cap Rate 9%
$444,611
Alternative Uses
Best Use
Retail
$571.6K
$500.2K – $666.9K
NOI $40,015 @ 7.0% cap · market cap 778.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.39M
NOI $83,178 @ 7.0% cap · market cap 1,618.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
388
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 08062, NJ
17,446
Population
5,796
Households
3
Avg Household Size
40
Median Age
54%
College-Educated
95%
High-School Grad
32.2 sq mi
ZIP Area
542
Density / Sq Mi
$159,386
Median Household Income
$74,254
Median Earnings
$1,097
Median Rent
$468,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated retail space in a preserved historic building with substantial on-site parking.
Where is this storefront property located?
The property is located at 32 N MAIN STREET Mullica Hill, NJ.
What are key features of this property?
This property features: 3,535‑square‑foot retail building spanning 3 floors; Constructed in 1704 and listed on The National Historic Places; Renovated in 2006 with historic‑preservation guidance
