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201-203 E Broadway
Salem, NJ 08079
Office Property For Sale
Executive Summary
PRICE HAS BEEN IMPROVED. This property is also available for lease $3500 a month.
Located in the heart of Salem’s Downtown Main Street District, this 4300 SF FT commercial office building offers an exceptional opportunity for Law firms, Medical practices, Financial services, and other professional businesses. With a well-designed layout, the building features 11 private offices—5 on the first floor and 6 on the second—along with a dedicated conference room ideal for meetings and presentations. Furniture included, if required.
Additional features include two pantries, separate Men’s and Women’s restrooms, central air conditioning, and both a walkable attic and full basement for ample storage space or future expansion. The property also benefits from ample street parking, making it convenient for both staff and clients.
Surrounded by key institutions including the State Senator and State Agencies Building, an educational foundation, and directly across from the Salem County Courthouse and Salem Community College, this location offers unmatched visibility and accessibility. The surrounding area is walkable, vibrant, and rich in history, adding to the professional presence of this prime location. With its central setting, functional layout, and strong surrounding infrastructure, this property is an excellent choice for professionals seeking a move-in-ready office space in downtown Salem.
Located in the heart of Salem’s Downtown Main Street District, this 4300 SF FT commercial office building offers an exceptional opportunity for Law firms, Medical practices, Financial services, and other professional businesses. With a well-designed layout, the building features 11 private offices—5 on the first floor and 6 on the second—along with a dedicated conference room ideal for meetings and presentations. Furniture included, if required.
Additional features include two pantries, separate Men’s and Women’s restrooms, central air conditioning, and both a walkable attic and full basement for ample storage space or future expansion. The property also benefits from ample street parking, making it convenient for both staff and clients.
Surrounded by key institutions including the State Senator and State Agencies Building, an educational foundation, and directly across from the Salem County Courthouse and Salem Community College, this location offers unmatched visibility and accessibility. The surrounding area is walkable, vibrant, and rich in history, adding to the professional presence of this prime location. With its central setting, functional layout, and strong surrounding infrastructure, this property is an excellent choice for professionals seeking a move-in-ready office space in downtown Salem.
Property Facts
Sale Type
Owner User
Sale Condition
High Vacancy Property
Property Type
Building Size
4,225 SF
Building Class
B
Year Built
1950
Price
$365,000
Price Per SF
$86.39
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,113 SF
Building FAR
1.10
Lot Size
0.09 AC
Zoning
Commercial - Banquet Facility/Lodge, Day Care Facility, Funeral Home, Hair Salon and Spa, Health Club, Institutional, Medical, Other, Other/General Retail
Amenities
- Conferencing Facility
- Convenience Store
- Day Care
- Dry Cleaner
- Fitness Center
- Food Court
- Air Conditioning
Property Taxes
| Parcel Number | 13-00061-0000-00006 | Improvements Assessment | $197,800 |
| Land Assessment | $19,400 | Total Assessment | $217,200 |
Property Taxes
Parcel Number
13-00061-0000-00006
Land Assessment
$19,400
Improvements Assessment
$197,800
Total Assessment
$217,200
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