Southern New Jersey and Surrounding Areas

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2300 Rt 9 North
Ocean View, NJ 08230
MLS# 557749 ID: 73694123
$1,500,000
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Property Description
Commercial - Ocean View, NJ 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!
Property Features
Status
Days On Market 64 days
Last Updated January 26, 2022
Market Status Available
Description
Property Type Commercial
Approx. Lot Size 3.2 Acres
Building Features
Basement
Cooling System Zoned A/C
Heating System Forced Air
Central Air
Heating Fuel Natural Gas
Exterior Features
Exterior Construction Block; Vinyl Siding; Wood
Interior Features
Alarm System
Floors Hardwood
Legal/Financial
Taxes 10025 (2021)
Listing Features
Property Type Commercial; Commercial
Offered By:
KRISTINA DOLISZNY
Keller Williams Realty Jersey Shore - Ocean City

Data Provided by South Jersey Shore Regional MLS

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