222 Broad StGibbstown, NJ 08027

Property Details for 222 Broad St

Construction

TYPE NOT SPECIFIED

Lot size

0.09 AC

Property type

Commercial real estate

APN

07 00088-0000-00004

APU

700088000000004

Description

This exceptional retail opportunity presents 4,050 square feet of commercial space at 222 W Broad Street in Gibbstown, New Jersey. Located on a highly visible section of Broad Street, this property offers significant potential for a variety of businesses. The building, currently configured as a TV repair shop (operating for 35 years), occupies the left half of a larger structure. The right side is independently owned and operated as a daycare center and is not included in this sale. This presents a unique chance to establish a business in a vibrant area experiencing revitalization. Across the street, renovations are underway for a new Ciconte's pizza location, further enhancing the area's appeal and foot traffic. A key feature of this property is a full-length basement, providing ample storage space or the possibility for expansion. Additionally, a sizable yard at the rear of the building offers further flexibility and potential uses. The 0.09-acre lot provides convenient access and ample space for customers and deliveries. This property is priced at $125,000 and represents a compelling investment opportunity for an entrepreneur seeking a well-located, established space with significant upside potential. The property's history and existing infrastructure provide a solid foundation for a new business venture.

• Alternative Use

  Use

  Valuation

  Residential

  $1,305,654

  Hospitality

  $1,195,972

  Educational

  $995,035

  Medical

  $1,029,256

  Retail

  $1,547,832

Location Insight

City

Gibbstown

County

Gloucester

State

New Jersey

Latitude

39.8253

Longitude

-75.2835

CBSA code

37980

CBSA name

PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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