113 W BROADWAYSALEM, NJ 08079

Commercial · 2,146 Sq. ft. | 0.52 Acres
$350,000 ACTIVE

113 W BROADWAY Overview

Time on Site:
376 days
Visits:
109

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 sale—building, 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 1950's. Iconic Architecture & Sleek metal façade, 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 zone—a great opportunity to join Salem City's growing downtown resurgence. Own a piece of Americana whether you're 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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113 W BROADWAY Facts & Features

  • Type Commercial
  • Sq. ft. 2,146
  • Price/Sq.ft. $163
  • Lot 0.52 Acres

Details

General

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • Building Name: NONE AVAILABLE
  • New Construction: No
  • Year Built: 1950

Business Information

  • Business Type: Restaurant/Bar

Location/Region

  • Country: US
  • County: SALEM
  • County Or Parish: SALEM
  • MLS Area Major: Salem City (21713)

Parking Information

  • Total Parking Spaces: 25
  • Type of Parking: Parking Lot

Rent/Lease Information

  • Lease Considered: No

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $8,411.00
  • Tax Assessed Value: 102300.00
  • Tax Year: 2024

General Information

  • Inclusions: Business and All Equipment owned.
  • Property Condition: Average
  • Property Sub Type: Services
  • Property Type: Commercial Sale
  • School District Name: SALEM CITY SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2024
  • Zoning: COMMERCIAL

Interior

Building Information

  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Total Drive In Doors: 0
  • Total Restrooms: 2

Parking Information

  • Garage: No

Building Interior

  • Building Area Source: Estimated
  • Building Area Total: 2146.00
  • Central Air: Yes
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: 2+ Access Exits
  • Cooling: Central A/C
  • Flooring: Ceramic Tile
  • Foundation Details: Block

Exterior

Building Information

  • Total Loading Docks: 0

Parking Information

  • Parking Features: Surface

Lot Information

  • Lot Dimensions Source: Assessor
  • Lot Features: Corner, Level, Road Frontage
  • Lot Size Acres: 0.52
  • Lot Size Dimensions: 127.00 x 0.00
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 22651.20
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Construction Materials: Masonry, Other

General Information

  • Number Of Units Total: 0
  • Sewer: Public Sewer
  • Water Access: No

113 W BROADWAY Neighborhood

Community

08079 (SALEM) Demographics

40
Median Age
98
Population Density (per sq. mile)
24%
College Educated
$42,077
Estimated Median Income
2,379
Estimated Total Home Owners
1,639
Estimated Total Renters
59% / 41%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

113 W BROADWAY Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

113 W BROADWAY Market Data

Based on the last 30 days in this zip code

$217,443
Average List Price
$117
Average Price per Square Foot
13
Properties Sold
101
Average Days on Market
74
Properties for Sale
Calculations provided by Reliance Network

113 W BROADWAY History

Date Event Value Agent
6/19/2025Source: BRIGHT MLS Added to Database
June 19, 2025
Nancy Casey
Listing Agent
Listing provided courtesy of BHHS Fox & Roach-Mullica Hill South- MLS# NJSA2015304MLS ProviderContact Information: 8563436000