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1304 ROUTE 47 RIO GRANDE, NJ 08242
- Commercial / Resale (MLS)
Property Details for 1304 ROUTE 47, RIO GRANDE, NJ 08242
Features
- Lot Size: 217364
- Total Units: 1
Facts
- Year Built: 01/01/1958
- Property ID: 867361628
- MLS Number: 583033
- Parcel Number: 06 01485-0000-00008
- Property Type: Commercial
- County: CAPE MAY
- Listing Status: Active
Sale Type
This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.
Description
This listing is NOT a foreclosure. 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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Property Brokerage:
Compass New Jersey-Ocean City
201 34th Street
Ocean City
NJ
8226
Copyright © 2024 South Jersey Shore Regional MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.