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$ 1,075,000
Est. payment | /mo
0.97 Acres Lot
$ 1,075,000
Est. payment | /mo
0.97 Acres Lot
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 601691
Style Comm. w/Apartments
Annual Tax Amount $13,555
Tax Year 2025
Lot Size 0.970 Acres
Property Description
Mixed-Use Commercial Complex on the Mainland not far from Cape May & the Wildwoods. Situated on just under 1 acre, this is a Fully Leased - Nicely Updated - Low Maintenance - Income Producer. The complex includes two updated buildings with six units total: a 2,500 sq. ft. medical office in the front and three 1,000 sq. ft. commercial suites set back a bit but still facing main road, currently leased to a chiropractor, real estate office, and linen company. Upstairs are two second-floor units—a fully renovated one-bedroom apartment and a modern private office suite. All units are separately metered and wheelchair accessible where applicable on ground floor units. Recent upgrades include expanded paved parking (34 spaces), new vinyl siding in 2023, enhanced/back-lit signage, and legal use expansion to five commercial units and one residential. Tenants have expressed interest in remaining, while upcoming lease expirations offer flexibility for an owner-user. Excellent visibility along the Bayshore corridor in the southern end of Villas, which offers increased traffic flow. Seller financing may be considered for qualified buyers.
Location
State NJ
County Cape May
Community Villas
Area Lower Twp
Location Details Mainland
Rooms
Basement Crawl Space
Interior
Heating Electric, Gas-Natural, Gas-Propane
Exterior
Exterior Feature Sign
Parking Features 11 or More Spaces, Off Street, Paved
Roof Type Pitched
Building
Story 2
Sewer Public Sewer
Water Well
Listed by Re/Max Surfside-Cape May
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Angela Desch
Broker & Area Leader | Lic# 0226655