Ocean View, NJ 08210,2300 Rt 9 North

$995,000

Est. payment /mo

$1,100,000

9.5%
Est.Price: ?

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2300 Rt 9 North Ocean View, NJ 08210

3.2 Acres Lot

SOLD DATE : 07/29/2020

Key Details

Sold Price $995,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 538738

Style Commercial

Annual Tax Amount $9,840

Tax Year 2019

Lot Size 3.200 Acres

Property Description

Fully Leased CASH STREAM property offered for sale at an excellent cap rate with outstanding future upside! Excellent opportunity to own & collect fantastic passive income on a fully leased Six-Unit Professional Office Building w/strong stable tenants on desirable HIGH TRAFFIC VOLUME Road, near Super Wawa @Rt 9 intersection for bridge entering resort island of Sea Isle City. This property 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. Recently renovated,  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)  If you have been frustrated searching the market looking for a great buy that offers a reliable cash stream at a fantastic cap rate  - look no further- BOOM- YOU JUST FOUND  IT!  Serious Financially  Pre-Qualified Buyers Only & signed NDA required.  Property is fully occupied, so site visit will only be scheduled following an accepted offer. Perfect for Cash or 1031 Exchange Buyers, plus conventional financing available.  Financial Pre-Qual & Signed Confidentiality/NDA required from all interested qualified buyers. call Now!

Location

State NJ

County Cape May

Community Ocean View

Area Middle Twp

Interior

Heating Forced Air, Gas-Natural

Flooring Hardwood

Exterior

Exterior Feature Storage Building, Sign, Security Light/System, See Remarks

Parking Features 11 or More Spaces

Roof Type Flat

Building

Sewer Septic

Water Well

Read Less

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South Jersey Shore Regional MLS (SJSRMLS)
Listed by Keller Williams Realty Jersey Shore-Ocean City
agent

Jason Gareau

Broker

+1(609) 929-4486

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