Active
1304 Route 47
Rio Grande NJ, 08242
$5,999,900
Active
Commercial
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!
240726
MLSⓇ ID
March 13, 2024
Listed
October 14, 2024
Updated
Map
1304 Route 47
Rio Grande NJ, 08242
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Central Air Conditioning
Heating
Yes
Heating Description
Gas Natural
Exterior/Building Features
Sewer
Public
Other Property Details
Area Name
Rio Grande
Days on Market
1
Garage
No
View
No
County
Cape May County
Municipality
06-Middle Township
Water Source
Public
Pool
No
Zoning
mixed use
Courtesy of COMPASS RE - Ocean City, Kayla Noll
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lisa Bassett shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data last updated 8:06 PM UTC 10/14/2024