Description
Blue Chip Commercial Opportunity only comes around every few years! Downtown Ocean City 2 Commercial Storefronts on large 40x100 lot with 90% coverage. Cannot be duplicated again. HVAC and electrical updated about 10 years ago. Outstanding triple A long term tenants and businesses with new extensions just signed starting 2023. Superb investment opportunity for an astute investor looking for long term steady income or for future use. Also would make a great Restaurant or convert into one large 3850 sq ft business. Only Pre Qualified buyers will be given lease information. Renewal income $68,000+ starting Jan23 with annual increases. Expand your RE portfolio with this Rock Solid Investment Opportunity! Leases are in place for several years with inflation hedging increases.
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School Ratings & Info
Description
Blue Chip Commercial Opportunity only comes around every few years! Downtown Ocean City 2 Commercial Storefronts on large 40x100 lot with 90% coverage. Cannot be duplicated again. HVAC and electrical updated about 10 years ago. Outstanding triple A long term tenants and businesses with new extensions just signed starting 2023. Superb investment opportunity for an astute investor looking for long term steady income or for future use. Also would make a great Restaurant or convert into one large 3850 sq ft business. Only Pre Qualified buyers will be given lease information. Renewal income $68,000+ starting Jan23 with annual increases. Expand your RE portfolio with this Rock Solid Investment Opportunity! Leases are in place for several years with inflation hedging increases.
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Listing information © 2022 South Jersey Shore Regional MLS.