Description
Avalon Landmark Location (old Paper Peddler). Unique Commercial opportunity in the center of town. This property currently has 6 established businesses providing excellent rental income. This ideal location offers many possible development scenarios. One scenario being the new construction of 4 commercial stores with 4 two-story townhouses above, each with 2,250 s.f., ample parking, storage and elevator. (See attached preliminary floor / site plan). The property consists of 2 legal sized commercial lots with 129' of frontage on Dune Drive (13,545 Total S.F.). Property sale is subject to 2020 leases. Businesses are not included in sale listing.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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7,980SQFT
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$425$/SQFT
School Ratings & Info
Description
Avalon Landmark Location (old Paper Peddler). Unique Commercial opportunity in the center of town. This property currently has 6 established businesses providing excellent rental income. This ideal location offers many possible development scenarios. One scenario being the new construction of 4 commercial stores with 4 two-story townhouses above, each with 2,250 s.f., ample parking, storage and elevator. (See attached preliminary floor / site plan). The property consists of 2 legal sized commercial lots with 129' of frontage on Dune Drive (13,545 Total S.F.). Property sale is subject to 2020 leases. Businesses are not included in sale listing.
Listing information © 2021 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 2021-07-25T13:49:32.223.