Turnkey Floral Retail
For Sale
$184,000
541 W Main St W, Millville, NJ 08332
Turnkey floral retail includes building, private parking, refrigeration, display cases, and remaining inventory.
Property Size540 SF
Price / SF$340.74
Days on Market313
Property Features for 541 W Main St W
General Information
Standard status
Active
Size
540 SF
Total Parking Spaces
9
Additional Details
Business Included
Yes
Taxes and HOA fees
Annual Taxes
$1,699
Amenities
Window Unit(s)
Natural Gas
Building Details
Building Size
540 SF
Year Built
1959
Listing Agency:
EXIT Realty Defined
Listed By:
Jordan N Hess
(856) 381-6292
Source:
Evrealestate
Added: Dec 7, 2025
Changed: Oct 3
Last Checked: Oct 16 at 8:30AM
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 EXIT Realty Defined
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Investment Insights
Based on property information with market context.
This turnkey floral retail shop is offered with the building and core operating improvements and fixtures in place. Included in the sale are a private parking lot, a refrigeration unit, display cases, and all remaining inventory, supporting ready-to-operate continuity. The transaction also includes a long-standing customer database and vendor relationships intended to support a seamless transition for the new owner.
The shop is described as being in a high-visibility, high-traffic area, benefiting from walk-in traffic and repeat customers. The business is centered on custom floral design for occasions including weddings, funerals, proms, corporate events, and everyday celebrations.
Recent building upgrades noted in the materials include an updated electrical panel, a recently resealed roof, and a 24-hour fire monitoring system for added safety.
The shop is described as being in a high-visibility, high-traffic area, benefiting from walk-in traffic and repeat customers. The business is centered on custom floral design for occasions including weddings, funerals, proms, corporate events, and everyday celebrations.
Recent building upgrades noted in the materials include an updated electrical panel, a recently resealed roof, and a 24-hour fire monitoring system for added safety.
Key Highlights
- Turnkey floral retail business with custom floral design for weddings, funerals, proms, corporate events, and everyday occasions
- Sale includes the building, private parking lot, refrigeration unit, display cases, and remaining inventory
- Recent building upgrades include an updated electrical panel and a recently resealed roof
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,518
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,360
$130.4K
Cap Rate 7%
$93,114
$93.1K
Cap Rate 9%
$72,422
$72.4K
Market Conditions
NOI Build-Up for 540 SF
Gross rent
$9.7K $18.00/SF
− Vacancy
−$408 −$0.76/SF
EGI
$9.3K $17.24/SF
− OpEx
−$2.8K −$5.17/SF
NOI
$6.5K $12.07/SF
Area
Cumberland County, NJ
Vacancy
4.20%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$130,360
Cap Rate 7%
$93,114
Cap Rate 9%
$72,422
Alternative Uses
Best Use
Retail
$93.1K
$81.5K – $108.6K
NOI $6,518 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$810.8K
$709.5K – $946.0K
NOI $56,757 @ 7.0% cap · market cap 30.85%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
48k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 98%
Apparel 2%
Wawa
Shops & Services
35,864 visits/mo
0.2 miles
Dollar General
Shops & Services
10,984 visits/mo
0.5 miles
Clarks
Apparel
911 visits/mo
0.1 miles
Demographics for 08332, NJ
35,396
Population
15,063
Households
2.3
Avg Household Size
40
Median Age
18%
College-Educated
86%
High-School Grad
104.5 sq mi
ZIP Area
339
Density / Sq Mi
$65,825
Median Household Income
$39,595
Median Earnings
$1,223
Median Rent
$195,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Alisa Florals — 541 W Main St, Millville, NJ 08332
Frequently Asked Questions
What type of property is this?
Storefront property - Turnkey floral retail includes building, private parking, refrigeration, display cases, and remaining inventory.
Where is this storefront property located?
The property is located at 541 W Main St W Millville, NJ.
What is the asking price?
The asking price for this property is $184,000.
What are key features of this property?
This property features: Turnkey floral retail business with custom floral design for weddings, funerals, proms, corporate events, and everyday occasions; Sale includes the building, private parking lot, refrigeration unit, display cases, and remaining inventory; Recent building upgrades include an updated electrical panel and a recently resealed roof
