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1304 Route 47

Rio Grande, NJ 08242
  • $5,999,999
  • STATUS: Active
  • ON SITE: 42 Days
  • MLS #: 583033
$5,999,999
  • 0
    BEDS
  • 4.99
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

Description

Welcome to The Village Shoppes! a rare opportunity to own a prime piece of commercial real estate in the up and coming area of Rio Grande. This expansive property spans 5 acres and features a total lot size of 18,526 square feet, offering a wide variety of commercial units spread throughout 3 buildings. With over 30+ commercial units this property presents a multitude of possibilities for the savvy investor. The property offers a diverse array of commercial unit sizes, all occupied by great, long-term tenants. Additionally, there is the potential to increase rental income by leasing the vacant units, making this an attractive opportunity for those seeking to maximize their investment return. Currently, the property boasts 4 residential units along with the potential to expand to a second story for additional residential space. The property's strategic location and the area's ongoing development make this an enticing proposition for those looking to capitalize on the growth potential of Rio Grande. Don't miss out on this rare chance to acquire a substantial commercial property!

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© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-04-20T20:36:48.437.
www.oceancitynewjerseyhomes.com/homes/148458255
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1304 Route 47 Rio Grande, NJ 08242

  • Price: $5,999,999
  • Status: Active
  • On Site: 42 Days
  • MLS #: 583033
0
Beds
0
Baths
0
½ Baths
4.99
Acres
Neighborhood:
Middle Twp
County:
Cape May
Area:
Middle Twp
Property Description
Welcome to The Village Shoppes! a rare opportunity to own a prime piece of commercial real estate in the up and coming area of Rio Grande. This expansive property spans 5 acres and features a total lot size of 18,526 square feet, offering a wide variety of commercial units spread throughout 3 buildings. With over 30+ commercial units this property presents a multitude of possibilities for the savvy investor. The property offers a diverse array of commercial unit sizes, all occupied by great, long-term tenants. Additionally, there is the potential to increase rental income by leasing the vacant units, making this an attractive opportunity for those seeking to maximize their investment return. Currently, the property boasts 4 residential units along with the potential to expand to a second story for additional residential space. The property's strategic location and the area's ongoing development make this an enticing proposition for those looking to capitalize on the growth potential of Rio Grande. Don't miss out on this rare chance to acquire a substantial commercial property!
Exterior Features

Lot Dimensions 80 x 343 Waterfront YN No

Property Features

Approved Short Sale N/A Auction YN No Bank Owned Foreclosure No Buildings 3 Lot Number 8 May Be Subject To Third Party Approval Short Sale No Tax Year 2023 Taxes 84686

South Jersey Shore Regional MLS logo Listing information © 2024 South Jersey Shore Regional MLS.
Listing provided courtesy of Compass New Jersey-Ocean City: .


© 2024 South Jersey Shore Regional MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Cheryl Huber Team. Properties marked with the Broker Reciprocity icon or thumbnail icon (a small house) are provided courtesy of the South Jersey Shore Regional MLS Broker Reciprocity Database. Data last updated 2024-04-20T20:36:48.437.
 
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