Fully Leased Mixed-Use Commercial Complex | Excellent Visibility | Potential Owner-User Opportunity
Prime mixed-use Office-Professional Complex located along the high-traffic Bayshore corridor in southern end of Villas—minutes from Cape May and the Wildwoods.
This well-maintained/updated income property sits on just under one acre and includes two buildings with six total units, all separately metered.
Property Overview
Total Units: 6
(1) 2,500 SF medical office (front building)
(3) 1,000 SF commercial suites (rear building)
(1) beautifully renovated 1BR apartment
(1) private office suite
Lot Size: ±0.95 acres
Zoning: General Business
Parking: Expanded to 34 Spaces Inc. Handicapped Parking Space
Accessibility: Ground-floor units are wheelchair accessible
Recent Upgrades
New vinyl siding (2023)
Expanded Paved Parking Lot
Updated Backlit Signage
Current owner had use upgraded after purchase to the now existing 5 commercial units & one residential.
Investment Highlights
Fully Leased: medical practice, chiropractic, real estate, linen company occupying two units, residential tenant
Low-maintenance property with separate utilities
Upside potential: upcoming lease expirations allow owner-user or rent adjustments
Excellent visibility and daily traffic along Bayshore Road corridor in an area that continues to grow in value
Seller financing may be available for qualified buyers
Financial Snapshot
Gross Annual Income: approx. $96,000
Net Operating Income (est.): approx. $74,000
List Price: $1,075,000