$5,999,900

1304 Route 47, Rio Grande, NJ 08242, US

Summary

Style: Commercial/Industrial

Moving Quotes

primary photo for 1304 Route 47, Rio Grande, NJ 08242, US

Remarks

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!

Details

MLS#: 240726
Price: $5,999,900

Style: Commercial/Industrial

Lot Size: 5 acres
Tax Fee: 84686

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Broker Contact

COMPASS RE - Ocean City
201 34th Street
Ocean City, NJ, 08226
US
! 609-322-7390
! chris.hill@compass.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by Cape May County Association of Realtors
Last updated: 2024-03-13T17:43:22.000-04:00.
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