Retail Food Market
780 Route 47 South Dennis, NJ 08210
For Sale
$549,999
SINGLE_FAMILY - South Dennis, NJ
Property Size2,000 SF
Lot Size1.70 Acres
Price / SF$274
Days on Market448
Property Features for 780 Route 47
General Information
Property type
Residential
Property subtype
Retail
Zoning
VC
Interior features
Fire Sprinkler System
Exterior features
Restrooms
Standard status
Active
Lot size
1.70 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
7317
Utilities
Heating system
Natural Gas, Propane (Heating)
Cooling system
Central Air
Water source
Well
Building Details
Year built
1955
Number of units
1
Listing Agency:
Coldwell Banker James C Otton Real Estate - CMCH
(609) 463-1400
Listed By:
Diane V. Walker · License #8831111
(609) 576-3178
Added: May 8, 2025
Changed: Jun 26
Last Checked: Jul 29 at 9:06AM
MLS# 251350
Copyright © 2026 Cape May County Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
A freestanding retail food market building of approximately 2,000 square feet (40 by 50), offered as-is and currently operating as a retail food market business. The property sits on 1.7 acres and includes an ADT alarm system. A NJ Lottery machine is currently in place and may be transferable upon sale, subject to applicable requirements.
The building is located on a busy corner at Route 47 and Court House-South Dennis Road in South Dennis. The site provides ample parking in both the front and rear, supporting convenient customer access for a retail use.
This property is well suited for buyers looking for a storefront-ready format with the option to continue a retail food market operation or explore other business uses. Prior to closing, the seller will consider serious offers. The building itself is for sale; inventory, furnishings, and equipment are to be sold separately or negotiated prior to closing. All inspections and due diligence will be the responsibility of the buyer in accordance with Dennis Township requirements, and the property is shown by appointment only with a 48-hour notice.
The building is located on a busy corner at Route 47 and Court House-South Dennis Road in South Dennis. The site provides ample parking in both the front and rear, supporting convenient customer access for a retail use.
This property is well suited for buyers looking for a storefront-ready format with the option to continue a retail food market operation or explore other business uses. Prior to closing, the seller will consider serious offers. The building itself is for sale; inventory, furnishings, and equipment are to be sold separately or negotiated prior to closing. All inspections and due diligence will be the responsibility of the buyer in accordance with Dennis Township requirements, and the property is shown by appointment only with a 48-hour notice.
Key Highlights
- High‑visibility location on a busy corner of Route 47 & Court House‑South Dennis Road.
- Commercial building with approximately 2,000 sq ft on 1.7 acres.
- Versatile space suitable for various businesses, previously a restaurant/diner and currently a retail food market.
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 | $43.2k | $21.60 |
| − Vacancy | −$2.6k | −$1.30 |
| EGI | $40.6k | $20.30 |
| − OpEx | −$10.2k | −$5.08 |
| NOI | $30.5k | $15.23 |
2,000 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$435.1K
$380.7K – $507.6K
NOI $30,456 @ 7.0% cap · market cap 5.54%
Second Best
Retail
$331.2K
$289.8K – $386.4K
NOI $23,184 @ 7.0% cap · market cap 4.22%
Theoretical Best
Office A
$612.2K
$535.7K – $714.2K
NOI $42,854 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Freestanding 2,000 SF retail building on a busy corner with ample front and rear parking.
Where is this grocery and convenience store located?
The property is located at 780 Route 47 South Dennis, NJ.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: High‑visibility location on a busy corner of Route 47 & Court House‑South Dennis Road.; Commercial building with approximately 2,000 sq ft on 1.7 acres.; Versatile space suitable for various businesses, previously a restaurant/diner and currently a retail food market.
