113 W Broadway Salem, NJ $ 350,000
113 W Broadway
$ 350,000
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113 W Broadway

Salem, NJ, 08079
$ 350,000
Bedrooms-- Baths-- Sq 22,479

Monthly Estimate*

$ 2,184

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Commercial Property for sale in Salem, NJ

for $350,000. This 22,479 square foot building was built in 1950 on a lot size of 0.52.

Salem Oak Diner Iconic Silk City Diner Turnkey Business! Corner of West Broadway and Oak Street in the Historic District. Step back in time and own a true American original! The Salem Oak Diner, one of the last remaining Silk City Diners, is now offered for salebuilding, business, and equipment included. Located directly across from the historic Salem Oak Tree and nestled in the heart of Salem City, which is celebrating its 350th anniversary, this classic Art Deco diner features timeless stainless-steel siding, retro lines, and original neon signage (non-functioning, preserved for character). PROPERTY HIGHLIGHTS Authentic Silk City Diner, Rare vintage model built in the early 1950s. Iconic Architecture Sleek metal faade, curved glass windows, and original tiled floors. Interior Capacity Seats 80; 8 four-top booth + 10 stools at the main counter (newly upholstered). 2 six-top booth + separate dining room with 8 four-top tables. Original Features AMI booth jukeboxes (non-functioning), retro counters, and Art Deco details throughout. TURNKEY OPPORTUNITY Full commercial kitchen with all equipment included in the sale. Layout and infrastructure support daily food service or specialty concepts. Ideal for breakfast/lunch/dinner/late night operation, themed pop-up, or restored retro dining experience. Prime CORNER Location across from the landmark Salem Oak Tree site, offering historical significance and foot traffic. Down the street from the Courthouse. Situated within an active revitalization zonea great opportunity to join Salem Citys growing downtown resurgence. Own a piece of Americana whether youre a nostalgic entrepreneur, restauranteur, or investor looking for a heritage-rich, income producing asset, the Salem Oak Diner is a rare and remarkable find. With its unmatched character, strong local identity and turnkey readiness! Serious inquiries only.

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Commercial Active

Price

$ 350,000

Property Type

Commercial

Taxes

$ 8,411

Style

Restaurant/Bar

Lot Size

0.52

Year Built

1950

Town/City

Salem

County/Region

Salem

MLS | Web ID

NJSA2015304

Features
Interior
Heating Fuel Natural Gas
Flooring Ceramic Tile
Hot Water Natural Gas
Heating Y/N Y
Central Air Y/N Y
Total Restrooms 2
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General
Sewer Public Sewer
Heating Forced Air
Cooling Central A/C
Possession Immediate
Zoning COMMERCIAL
Construction Materials Masonry Other
Year Built 1950
Property Subtype Services
Tax Year 2024
Ownership Fee Simple
Cool Fuel Electric
Municipality SALEM CITY
Business Type Restaurant/Bar
Building Name NONE AVAILABLE
Accessibility 2+ Access Exits
County SALEM
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions From Market to left onto West Broadway. PIQ on left.
City SALEM
Number Of Units Total 0
MLS Area Salem City (21713)
Lot Size Units Square Feet
Lot Size Square Feet 22651.20
Tax Annual Amount 8411.0
Property Condition Average
Price Per Sq Ft Total AG 163.09
Acceptable Financing Cash Conventional
Lease Considered Y/N N
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 00028
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Exterior
Parking Features Surface
Lot Features Corner Level Road Frontage
Water Source Public
Inclusions Business and All Equipment owned.
Type of Parking Parking Lot
Foundation Details Block
Water View Y/N N
Building Area Total 2146.00
Lot Dimensions 127.00 x 0.00
Lot Size Acres 0.52
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 80800.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 113
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* Excluded Features
List By
Bhhs Fox & Roach-Mullica Hill South

Broker

nancy.casey@foxroach.com

Email

Affordability Calculator

$2,884
Per Month
76%
24%
0%
Monthly Principal & Interest
$2,184
Monthly Property Taxes
$701
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/19/2025$350,000 Listed Price

Map


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113 W Broadway, Salem, NJ, 08079 is a Commercial Property for sale at $350,000 with 22,479 sqft and a lot size of 0.52. 113 W Broadway was built in 1950. The property's zip code is 08079 which is in Salem, NJ