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Investment Highlights

  • High Visibility on busy street
  • Many rooms for office space / exam rooms
  • 1 bedroom apartment 2nd floor

Executive Summary

Unique investment opportunity in the heart of Gloucester City! This property offers an ideal blend of professional space and residential convenience, making it perfect for owner-operators, healthcare providers, or investors seeking a live/work setup. The first floor is currently configured for medical use and features a functional layout with multiple exam and treatment rooms, a reception area, private offices, kitchen area and restroom. The space is easily adaptable for a variety of professional practices. The second floor includes a 1 bedroom private apartment, ideal for owner occupancy or rental income. The apartment offers a full kitchen, living area, bedroom, and bathroom and walk up attic that could be converted. Roof is 9 years old. Two zone Central A/C, 1st floor is gas heat, 2nd floor is oil heat. A detached two-car garage provides secure parking or additional storage. Conveniently located in an established Gloucester City neighborhood with good visibility and easy access to major roadways and public transportation, this property presents a rare opportunity to own a versatile commercial building with residential income potential. Property is commercial but located in a residential low zone, any business other than medical will need a use variance and approval from Gloucester City Planning/Zoning Board. Property conveyed "as is". Seller will provide Gloucester City Certificate of Occupancy and fire/smoke cert. Upstairs 1 bedroom is currently vacant, 1 bedroom in Gloucester City average $1500-$1700/month. The unit does not have a separate entrance but the side door (on right side of building) has an entrance that can be separated.

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
1,652 SF
Building Class
C
Year Built
1920
Price
$299,900
Price Per SF
$181.54
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
826 SF
Building FAR
0.47
Lot Size
0.08 AC
Zoning
Commericial - Property is commercial but located in a residential low zone, any business other than medical will need a use variance and approval from Glou City.

Property Taxes

Property Taxes

Parcel Number
14-00144-02-00001
Land Assessment
$28,500 (2025)
Improvements Assessment
$124,300 (2025)
Total Assessment
$152,800 (2025)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2026
  • Listing ID: 39728017

  • Date on Market: 3/10/2026

  • Last Updated:

  • Address: 1017 Market St, Gloucester City, NJ 08030

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