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113 W Broadway
Salem, NJ 08079
Retail Property For Sale
Investment Highlights
- Authentic Silk City Diner built in the early 1950s with preserved Art Deco design.
- Seating for 80 guests with a combination of booths, counter stools, and dining room tables.
- Prime corner location across from the historic Salem Oak Tree in the city’s revitalization zone.
- Iconic stainless-steel façade, curved glass windows, and original tiled floors.
- Full commercial kitchen with all equipment included for immediate operation.
- Rare turnkey opportunity to own a heritage-rich property with strong local identity.
Executive Summary
Iconic Silk City Diner – Turnkey Business! Corner of West Broadway and Oak Street in the Historic District. Step back in time and own a true American original! The Salem Oak Diner, one of the last remaining Silk City Diners, is now offered for sale—building, business, and equipment included. Located directly across from the historic Salem Oak Tree and nestled in the heart of Salem City, which is celebrating its 350th anniversary, this classic Art Deco diner features timeless stainless-steel siding, retro lines, and original neon signage (non-functioning, preserved for character). PROPERTY HIGHLIGHTS – Authentic Silk City Diner, Rare vintage model built in the early 1950’s. Iconic Architecture – Sleek metal façade, curved glass windows, and original tiled floors. Interior Capacity – Seats 80; 8 four-top booth + 10 stools at the main counter (newly upholstered). 2 six-top booth + separate dining room with 8 four-top tables. Original Features – AMI booth jukeboxes (non-functioning), retro counters, and Art Deco details throughout. TURNKEY OPPORTUNITY – Full commercial kitchen with all equipment included in the sale. Layout and infrastructure support daily food service or specialty concepts. Ideal for breakfast/lunch/dinner/late night operation, themed pop-up, or restored retro dining experience. Prime CORNER Location across from the landmark Salem Oak Tree site, offering historical significance and foot traffic. Down the street from the Courthouse. Situated within an active revitalization zone—a great opportunity to join Salem City’s growing downtown resurgence. Own a piece of Americana whether you’re a nostalgic entrepreneur, restauranteur, or investor looking for a heritage-rich, income producing asset, the Salem Oak Diner is a rare and remarkable find. With its unmatched character, strong local identity and turnkey readiness! Serious inquiries only.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,146 SF
Building Class
C
Year Built
1950
Price
$486,703 CAD
Price Per SF
$226.80 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.52 AC
Opportunity Zone
Yes
Parking
20 Spaces (9.32 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Air Conditioning
About 113 W BROADWAY , SALEM, NJ 08079
The property is located at the intersection of West Broadway and Oak Street in Salem City’s Historic District. It is positioned across from the Salem Oak Tree and near the courthouse. The building is a Silk City Diner constructed in the early 1950s and includes original architectural elements such as stainless-steel siding and curved glass windows. The site is within an area undergoing revitalization efforts and is part of a downtown district with historical significance.
Property Taxes
| Parcel Number | 13-00052-0000-00028 | Improvements Assessment | $29,507 CAD |
| Land Assessment | $110,890 CAD | Total Assessment | $140,397 CAD |
Property Taxes
Parcel Number
13-00052-0000-00028
Land Assessment
$110,890 CAD
Improvements Assessment
$29,507 CAD
Total Assessment
$140,397 CAD
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