2004 Bayshore Road, Villas, NJ 08251

$1,000,000

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List Price
$1,000,000
Price Change
▼ $200,000 1786050708
Days on Market
15
Status
PENDING
MLS#
609984
Lot Size (Acres)
0.97
County
Cape May

Property Description

High-visibility, fully leased commercial investment opportunity located on Bayshore Road, south of Fulling Mill Road, offering excellent visibility and traffic exposure. Generating nearly $100,000 in annual gross rental income, this property offers approximately 6,700 square feet of income-producing space featuring five commercial units and one residential apartment, all currently occupied. Since 2022, the property has benefited from significant improvements including expansion to five commercial units and one residential apartment, new siding, back-lit signage, expanded parking, parking lot improvements, and complete renovations of the second-floor office and one-bedroom apartment. The property is occupied by a strong mix of established tenants, including a physician, chiropractor, real estate office, linen company, and residential tenant, providing immediate income and long-term investment potential. Seller is willing to consider below-market, first-position seller financing for qualified buyers, subject to mutually acceptable terms, buyer qualification, and loan documentation.

Additional Information

Area
Lower Twp
Taxes
$13,552
Exterior Features
Sign
Heating
Electric, Gas-Natural, Gas-Propane
Cooling
Central, Electric, Window Units
Roof
Pitched
Water
Well
Sewer
Public Sewer

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Calculator source: Real Geeks

Listing courtesy of Re/Max Surfside-Cape May. Contact:

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