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Investment property available 456 S Broadway 2,598 SF 54% Leased Office Building Gloucester City, NJ 08030 $419,148 CAD ($161.33 CAD/SF)
Investment Highlights
- Located on the main strip of Broadway in Gloucester City, NJ, offering high visibility and accessibility.
- The professional office on the first floor has been recently renovated and is ready for occupancy, previously used as a pediatric practice.
- Offers private parking in the rear of the property for added convenience for both office and residential tenants.
- Features a professional office on the first floor and a residential unit on the second floor, providing diverse rental income opportunities.
- Recent updates include new siding and a new roof, ensuring durability and low maintenance.
- The property is move-in ready, making it an excellent option for a savvy investor seeking immediate rental income.
Executive Summary
This turnkey mixed-use investment property offers a prime opportunity on the main commercial corridor of Gloucester City. Featuring a professional office space on the first floor occupied by a compound pharmacy and a fully updated residential apartment on the second floor, the property is ideally suited for investors seeking stable income and long-term upside.
The second-floor apartment includes 2 bedrooms, a tiled bathroom, washer/dryer hookup, a bright sunroom, and private rear parking. A new tenant is in place on year to year lease.
The first-floor professional office has been recently rehabbed and is occupied by a compound pharmacy. Previously occupied by a podiatry practice for many years, the space benefits from excellent visibility and frontage along Broadway.
Additional highlights include mixed-use zoning, private parking, newer siding and roof, and strong rental potential in a highly visible location. A true turnkey opportunity for the savvy investor or business owner looking to generate income immediately. Separate utilities, separate entrances for tenants, large parking area in the rear of the property, close to Dunkin donunts, dollar general, public transportation and just minutes to Philadelphia. Excellent investment property with great upside, stable tenants and good income.
The second-floor apartment includes 2 bedrooms, a tiled bathroom, washer/dryer hookup, a bright sunroom, and private rear parking. A new tenant is in place on year to year lease.
The first-floor professional office has been recently rehabbed and is occupied by a compound pharmacy. Previously occupied by a podiatry practice for many years, the space benefits from excellent visibility and frontage along Broadway.
Additional highlights include mixed-use zoning, private parking, newer siding and roof, and strong rental potential in a highly visible location. A true turnkey opportunity for the savvy investor or business owner looking to generate income immediately. Separate utilities, separate entrances for tenants, large parking area in the rear of the property, close to Dunkin donunts, dollar general, public transportation and just minutes to Philadelphia. Excellent investment property with great upside, stable tenants and good income.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,598 SF
Building Class
C
Year Built
1925
Price
$419,148 CAD
Price Per SF
$161.33 CAD
Percent Leased
54%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,299 SF
Slab To Slab
10’
Building FAR
0.13
Lot Size
0.46 AC
Parking
4 Spaces (1.54 Spaces per 1,000 SF Leased)
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
The first floor, spanning 1,200 square feet, is available for lease at a competitive rate of $12.50 per square foot.
| Space | Size | Space Use | Build-Out | Available |
| 1st Floor | 1,200 SF | Office | Partial Build-Out | Now |
1st Floor
| Size |
| 1,200 SF |
| Space Use |
| Office |
| Build-Out |
| Partial Build-Out |
| Available |
| Now |
1st Floor
| Size | 1,200 SF |
| Space Use | Office |
| Build-Out | Partial Build-Out |
| Available | Now |
The first floor, spanning 1,200 square feet, is available for lease at a competitive rate of $12.50 per square foot.
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Fairly walkable
50/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 14-00131-0000-00042 | Improvements Assessment | $143,762 CAD |
| Land Assessment | $27,888 CAD | Total Assessment | $171,649 CAD |
Property Taxes
Parcel Number
14-00131-0000-00042
Land Assessment
$27,888 CAD
Improvements Assessment
$143,762 CAD
Total Assessment
$171,649 CAD
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Investment property available | 456 S Broadway
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