540 Route 47 S - Showroom FOR SALE


Cape May, NJ 08204
$699,000 USD
609-425-8179
540 Route 47 S, Cape May, NJ for Sale
$699,000 USD
Showroom - FOR SALE
1/8
null | Request Cap Rate

540 Route 47 S
Cape May, NJ 08204


HIGHLIGHTS

  • Main Highway visibility.
  • Living space available
  • Additional revenue stream
  • City utilities

OVERVIEW

Multi-use property with 250 ft of frontage by 120 ft deep on Rt 47 in Middle Township. The property consists of an approximately 1,500 sq. ft. retail store, plus office, and an approximately 1,500 sq. ft. 3-bedroom, 2-bath 2nd-floor apartment for significant rental income. Also on the property is a 1000 sq ft double bay garage currently used as a Tire center. Real Estate and businesses for sale. Tremendous opportunity and flexible uses. There is Citywater on the street, but it is not yet connected, and the city sewer is currently connected to the company. Property is being sold as is; inventory is negotiable.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$233 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Showroom

ADD'L SUBTYPES

Convenience Store, Fast Food, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.69

LAND SF

30,056

ZONING

VC

APN/PARCEL ID

06-01410-01-00028

ASK ABOUT THIS PROPERTY

David GreenRE/MAX SurfsideMore Info
609-425-8179

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David GreenRE/MAX SurfsideMore Info
609-425-8179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.