Freestanding Commercial
717 S 6TH AVE Galloway, NJ 08205
New
717 S 6TH AVE, Galloway, NJ, 08205
$349,500
For Sale
$349,500
Freestanding building on a corner lot with ample on-site parking and flexible commercial use options.
Property Size1,104 SF
Lot Size1.35 Acres
Price / SF$316.58
Days on Market6
Property Features for 717 S 6TH AVE
General Information
- Standard status
- Active
- Size
- 1,104 SF
- Lot size
- 1.35 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1920
Listing Agency
BHHS Fox & Roach-Northfield
(609) 226-6680
Listed by
Richard Baehrle · License #8436462
(609) 226-6680
Source
Xome
Added: Jul 15 Checked: Jul 20 at 1:40 am
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-Northfield
Investment Insights
Based on property information with market context.
This freestanding commercial building sits on a 1.35± acre corner lot and offers 1,104± SF of adaptable space. The property is originally built in 1850 and provides flexibility for a wide range of commercial applications, including retail, office, medical, professional, boutique, showroom, studio, service, contractor, or mixed commercial use, subject to required municipal approvals.
The building is positioned just off US Route 30 (White Horse Pike), with traffic counts approaching 40,000 vehicles per day, supporting strong visibility. The site also includes ample on-site parking and offers convenient accessibility to regional destinations, including Stockton University, AtlantiCare Regional Medical Center, Atlantic City International Airport (ACY), the FAA William J. Hughes Technical Center (FAATC), and the Garden State Parkway.
The property’s combination of historic character and practical functionality makes it well-suited for users seeking a standalone presence with room to align the space to their business needs, pending approval requirements.
The building is positioned just off US Route 30 (White Horse Pike), with traffic counts approaching 40,000 vehicles per day, supporting strong visibility. The site also includes ample on-site parking and offers convenient accessibility to regional destinations, including Stockton University, AtlantiCare Regional Medical Center, Atlantic City International Airport (ACY), the FAA William J. Hughes Technical Center (FAATC), and the Garden State Parkway.
The property’s combination of historic character and practical functionality makes it well-suited for users seeking a standalone presence with room to align the space to their business needs, pending approval requirements.
Key Highlights
- 1,104 SF freestanding commercial building on a 1.35± acre corner lot with flexible commercial use options
- Multiple commercial uses allowed per listing: retail, office, medical, professional, boutique, showroom, studio, service, contractor, or mixed use (subject to approvals)
- Ample on‑site parking with driveway and lot parking, plus roof described as pitched
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 | $16.6k | $15.00 |
| − Vacancy | −$1.4k | −$1.28 |
| EGI | $15.2k | $13.73 |
| − OpEx | −$4.5k | −$4.12 |
| NOI | $10.6k | $9.61 |
1,104 SF · lease $15.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$151.5K
$132.6K – $176.8K
NOI $10,607 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$411.1K
$359.7K – $479.7K
NOI $28,779 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Galloway Greenhouse
(Bike/Boat/Book/etc) Store
Galloway Florist and Gifts
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Freestanding building on a corner lot with ample on-site parking and flexible commercial use options.
Where is this retail space located?
The property is located at 717 S 6TH AVE Galloway, NJ.
What is the asking price?
The asking price for this property is $349,500.
What are key features of this property?
This property features: 1,104 SF freestanding commercial building on a 1.35± acre corner lot with flexible commercial use options; Multiple commercial uses allowed per listing: retail, office, medical, professional, boutique, showroom, studio, service, contractor, or mixed use (subject to approvals); Ample on‑site parking with driveway and lot parking, plus roof described as pitched
