Corner Auto Repair and Office
39 S Broadway Gloucester City, NJ 08030
For Sale
$595,000
Well-maintained two-unit corner property combining an auto repair shop with a separate two-story office.
Property Size2,500 SF
Price / SF$238
Days on Market73
Property Features for 39 S Broadway
General Information
Standard status
Active
Size
2,500 SF
Property subtype
Retail
Building Details
Year Built
1957
Listing Agency:
Century 21 Rauh & Johns
(856) 905-7458
Listed By:
Peter Sideris · License #0560849
(856) 905-7458
Source:
Xome
Added: May 19
Changed: Jul 10
Last Checked: Jul 28 at 9:51AM
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 Century 21 Rauh & Johns
Investment Insights
Based on property information with market context.
This corner property is designed for automotive and office use, with two separate units on-site. One unit operates as an auto repair shop, while the second unit is a two-story office with separate utilities. The property is described as well maintained and ready for a new owner to occupy or for the units to be leased to separate tenants.
The site includes several driveways already cut out to support convenient ingress and egress. It is located in the center of Gloucester City, with proximity to bridges and major roadways, supporting access for customers and staff.
For prospective buyers or operators, the layout offers flexibility with an automotive service component and dedicated office space under one ownership. The presence of separate utilities for the office unit can support straightforward tenant separation and operational independence, while the established shop unit can serve day-to-day repair needs. Showings are available during regular business hours, Monday through Friday only.
The site includes several driveways already cut out to support convenient ingress and egress. It is located in the center of Gloucester City, with proximity to bridges and major roadways, supporting access for customers and staff.
For prospective buyers or operators, the layout offers flexibility with an automotive service component and dedicated office space under one ownership. The presence of separate utilities for the office unit can support straightforward tenant separation and operational independence, while the established shop unit can serve day-to-day repair needs. Showings are available during regular business hours, Monday through Friday only.
Key Highlights
- Well‑maintained two‑unit corner property combining an auto repair shop with a separate two‑story office
- Zoned C1 with a private driveway setup and multiple driveways already cut for ingress and egress
- Central Air cooling and concrete flooring; heating is listed as “3”
Financial Insights For Office B
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 | $54.9k | $21.96 |
| − Vacancy | −$8.1k | −$3.25 |
| EGI | $46.8k | $18.71 |
| − OpEx | −$11.7k | −$4.68 |
| NOI | $35.1k | $14.03 |
2,500 SF · lease $21.96/SF/yr · vacancy 14.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$501.2K
$438.5K – $584.7K
NOI $35,081 @ 7.0% cap · market cap 5.90%
Second Best
Industrial
$348.0K
$304.5K – $406.0K
NOI $24,360 @ 7.0% cap · market cap 4.09%
Theoretical Best
Office A
$633.9K
$554.7K – $739.5K
NOI $44,372 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Matt's Automotive Services — 511 Brick St, Gloucester City, NJ 08030
- Jack's Auto Repair — 810 Jersey Ave, Gloucester City, NJ 08030
- H&R Towing Service Gloucester — 452 s broadway, gloucester city, nj 08030
- Gloucester Transmission and Auto Repair Svc — 733 Market St, Gloucester City, NJ 08030
- Top Notch Mobile Mechanic — 330 S Broadway, Gloucester City, NJ 08030
Frequently Asked Questions
What type of property is this?
Auto shop - Well-maintained two-unit corner property combining an auto repair shop with a separate two-story office.
Where is this auto shop located?
The property is located at 39 S Broadway Gloucester City, NJ.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Well‑maintained two‑unit corner property combining an auto repair shop with a separate two‑story office; Zoned C1 with a private driveway setup and multiple driveways already cut for ingress and egress; Central Air cooling and concrete flooring; heating is listed as “3”
