Property summary
This exceptional mixed-use investment opportunity in Pennsville, NJ, presents a unique chance to acquire an established auto sales business encompassing three parcels totaling 0.5 acres. The property includes two existing buildings and one vacant lot, offering significant potential for expansion or diversification. The primary auto sales building, located at 18 S. Broadway, boasts approximately 250 square feet of space, including a mechanic's area and a substantial parking lot measuring 240 x 240 feet. A second building, situated at 28 S. Broadway, offers approximately 1,817 square feet of retail/office space and is complemented by a large parking area. This building sits on a 100 x 218 foot lot. Finally, a vacant lot at 4 S. Broadway, measuring 100 x 251 feet (irregular shape), presents an additional development opportunity. This lot already features a poured concrete slab, approved for construction of a new building or garage. The total building square footage is approximately 1,817 + 250 = 2,067 square feet. The property's strategic location and existing infrastructure make it an attractive investment for both established businesses and new ventures seeking a foothold in a thriving market. The property is listed at $995,000. Further details are available in MLS listings #NJSA2012984 and #NJSA2012986.
Property profile
VerifiedCap rate & NOI
Current use
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Hair Salon Nail Salon
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2022Property description
Physical attributes from public recordsZoning & alternative use
4 · Pennsville, NJZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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