Description
Attention BUSINESS OWNER OPERATORS- INVESTORS/DEVELOPERS! Here is your opportunity to purchase a fabulous piece of property to operate your own business and/or collect lease income. Partially Leased CASH STREAM6-unit propertywith a 10+ year history of professional long term leases with strong stable tenants. Seller transitioned leases to month-to-month specifically to offer the new buyer the option to take over the whole building for operational business use, OR take over the vacant portion and keep the tenant leases in place for additional income, OR condo out the units and sell them off. Perfect space and location for plumbing/electric HVAC building supply store; medical office use; professional services (legal, accounting, architect, engineering etc); or even small daycare facility. Lots of options here with tons of future upside! Property is ideally located on Route 9 North, a very desirable HIGH TRAFFIC VOLUME Road, near Super Wawa @Rt 9 intersection for bridge entering resort island of Sea Isle City. Building has become a desirable "destination location" due to its professional tenants servicing clientele from Cape May to Ocean City, which includes a very well-known reputable long term Architect/Engineering company; Medical Service Practices; Mortgage Company; a & high-end upholster servicing the islands of Stone Harbor & Avalon. Property offers future upside in rental income, plus plenty of acreage (3.2 acres) to build & expand/grow your lease income potential w/additional buildings/units. (Property line backs up to NJ Garden State Parkway- see survey in photos)If you have been frustrated searching the market looking for a great buy that offers a PERFECT LOCATION, a reliable cash stream - look no further- BOOM-YOU JUST FOUND IT! Serious Financially Pre-Qualified Buyers Only & signed NDA required. Perfect for Cash or 1031 Exchange Buyers, plus conventional financing available. Call Now!
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School Ratings & Info
Description
Attention BUSINESS OWNER OPERATORS- INVESTORS/DEVELOPERS! Here is your opportunity to purchase a fabulous piece of property to operate your own business and/or collect lease income. Partially Leased CASH STREAM6-unit propertywith a 10+ year history of professional long term leases with strong stable tenants. Seller transitioned leases to month-to-month specifically to offer the new buyer the option to take over the whole building for operational business use, OR take over the vacant portion and keep the tenant leases in place for additional income, OR condo out the units and sell them off. Perfect space and location for plumbing/electric HVAC building supply store; medical office use; professional services (legal, accounting, architect, engineering etc); or even small daycare facility. Lots of options here with tons of future upside! Property is ideally located on Route 9 North, a very desirable HIGH TRAFFIC VOLUME Road, near Super Wawa @Rt 9 intersection for bridge entering resort island of Sea Isle City. Building has become a desirable "destination location" due to its professional tenants servicing clientele from Cape May to Ocean City, which includes a very well-known reputable long term Architect/Engineering company; Medical Service Practices; Mortgage Company; a & high-end upholster servicing the islands of Stone Harbor & Avalon. Property offers future upside in rental income, plus plenty of acreage (3.2 acres) to build & expand/grow your lease income potential w/additional buildings/units. (Property line backs up to NJ Garden State Parkway- see survey in photos)If you have been frustrated searching the market looking for a great buy that offers a PERFECT LOCATION, a reliable cash stream - look no further- BOOM-YOU JUST FOUND IT! Serious Financially Pre-Qualified Buyers Only & signed NDA required. Perfect for Cash or 1031 Exchange Buyers, plus conventional financing available. Call Now!
Listing information © 2023 Cape May County Association of REALTORS® Multiple Listing Service. Information is deemed reliable but is not guaranteed accurate by the MLS or The Oceanside Realty Team | Keller Williams Jersey Shore. 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. Data last updated 2023-09-29T21:49:35.173.