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. Contact listing agent for financial information and proposed financing details.
This listing is provided courtesy of RE/MAX SURFSIDE
Interior Features
- Cool System: Central Air Conditioning
- Heat System: Gas Natural, Gas Propane, Electric
- Floors: Partial Carpet, Linoleum/Vinyl
- Interior: Handicap Features, Living Space Available, Restroom
Exterior Features
- Parking: 11 Or More Spaces, Off Street, Paved
- Exterior: Other (See Remarks)
Additional Features
- County: Cape May County
- Unit Location: Mainland
- Water/Sewer: Public
- Stories: 2