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201 S Broadway

GLOUCESTER CITY, NJ 08030
  • $249,000
  • STATUS: Active
  • ON SITE: 23 Days
  • ID#: NJCD2062088
UPDATED: 238 min ago
$249,000
  • 0
    BEDS
  • 0.18
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1922
County:

School Ratings & Info

School District:

Description

For Sale or Lease 201 Broadway Gloucester City, NJ 08030. Home of the former Iconic Coffee Corner Drive up Restaurant for decades, this prized location is available for the first time in 40 years. At the intersection of Broadway and Market - the 2 main thoroughfares in Gloucester City, this double corner lot sees 10K cars per day. The apx. 1,100 sq ft existing building has been whiteboxed and renovated from the exterior and ready for a new user. 201 S Broadway is located within an Urban Enterprise Zone (UEZ) with HUGE tax benefits included reduced sales tax for customers. There is an existing hood and Ansul system, however updates may be required. The large .25 acre lot with roughly 9000 of uncovered space presents massive parking potential for customers or a delivery fleet. The zoning designation of RC&S (Residential Commercial & Service) allows for versatile use. Opportunities are endless. Very low annual tax liability at $4,923.94 per year. City water and Sewer & PSEG for electric and Gas.Enterprise Zone Benefits: Reduced Sales Tax: The sales tax in a UEZ is 3.3125% Tax Free Purchases: Participating businesses can get Tax Free purchases on certain items such as capital equipment, facility expansions, and upgrades. State Aid: UEZ business can benefit from financial assistance available from agencies such as NJEDA.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-24T23:51:45.207.
www.njhousehunter.com/homes/147171707
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201 S Broadway GLOUCESTER CITY, NJ 08030

  • Price: $249,000
  • Status: Active
  • On Site: 23 Days
  • Updated: 238 min ago
  • ID#: NJCD2062088
0
Beds
0
Baths
0
½ Baths
0.18
Acres
1922
Built
Neighborhood:
Gloucester City (20414)
County:
Camden
Area:
Gloucester City (20414)
School District:
Gloucester City Schools
Property Description
For Sale or Lease 201 Broadway Gloucester City, NJ 08030. Home of the former Iconic Coffee Corner Drive up Restaurant for decades, this prized location is available for the first time in 40 years. At the intersection of Broadway and Market - the 2 main thoroughfares in Gloucester City, this double corner lot sees 10K cars per day. The apx. 1,100 sq ft existing building has been whiteboxed and renovated from the exterior and ready for a new user. 201 S Broadway is located within an Urban Enterprise Zone (UEZ) with HUGE tax benefits included reduced sales tax for customers. There is an existing hood and Ansul system, however updates may be required. The large .25 acre lot with roughly 9000 of uncovered space presents massive parking potential for customers or a delivery fleet. The zoning designation of RC&S (Residential Commercial & Service) allows for versatile use. Opportunities are endless. Very low annual tax liability at $4,923.94 per year. City water and Sewer & PSEG for electric and Gas.Enterprise Zone Benefits: Reduced Sales Tax: The sales tax in a UEZ is 3.3125% Tax Free Purchases: Participating businesses can get Tax Free purchases on certain items such as capital equipment, facility expansions, and upgrades. State Aid: UEZ business can benefit from financial assistance available from agencies such as NJEDA.
Exterior Features

Construction Materials Block Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 1100.00 Cooling Wall Unit Heating Forced Air Heating YN Yes Net Square Feet 1100.00

Property Features

Accessibility Features None Assessment Year 2022 Business Type Restaurant/Bar Central Air YN No Cooling Fuel Natural Gas Heating Fuel Natural Gas Hot Water Natural Gas Lease Considered YN Yes Municipality GLOUCESTER CITY Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802843227540 Ownership Interest Fee Simple Possession Immediate Property Sub Type Retail Sale Type Standard Sewer Public Sewer Tax Annual Amount 4629.00 Tax Assessment Amount 98400.00 Tax Lot 00001 Vacation Rental YN No Water Source Public Year Built Effective 2022 Zoning RC&S

Listing courtesy of Peze & Associates: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Holloway Real Estate Group | eXp Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-24T23:51:45.207.
 
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Holloway Real Estate Group | eXp Realty
102 Centre Blvd. Suite J
Marlton NJ, 08053