201 S Broadway, Gloucester City, NJ 08030 | MLS NJCD2062088 | Listing Information | Nestfully
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FOR SALE
$249,000

201 S Broadway
Gloucester City, NJ 08030

1,100
Sq. Ft.
0.18
Acres Lot
Retail, Business Opportunities
Commercial
24 days on Nestfully 9 views
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.
NJCD2062088
Commercial - Retail, Business Opportunities
Other
1922
CAMDEN
0.18 Acres
Public
Public Sewer
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