Address
1071 Route 47 S Rio Grande, NJ
Price
$ 899,000
Property Attributes
  • MLS#NJCM104924
  • TypeCommercial
  • CountyCAPE MAY
  • CityRio Grande
  • AreaMiddle Twp
  • Zip08242
  • StyleGeneral Retail
  • Year Built1878
  • Taxes$ 8301
  • Price$ 899,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage60984
  • Lot Size1.4 Acres
Listing Provided Courtesy Of:
Haines Realty, LLC
Data Source:
Bright MLS
Property Description

INVESTORS, BUSINESS OPPORTUNISTS, AND ALL INTERESTED PARTIES – You Know What They Say – LOCATION LOCATION LOCATION! Options are endless with the incredible opportunity to own this commercial property in the heart of the business district in Rio Grande, New Jersey, the hub of business activity in lower Cape May County! Currently operating as a tattoo studio, this 1.40 acre parcel (60,984 sq feet) offers 153.9 feet of frontage on Route 47 S, a 1/4 mile shy of Railroad Avenue. With a depth on the right of 513 feet, there is a ton of space for structure, parking, storage, etc. The existing structure was built in 1878. The first level consists of the tattoo business. The second level is an apartment with two bedrooms, one bathroom, living room, kitchen, and office. There is a third floor made up of two bedrooms and a half bath. Whether your plan is to restore the existing structure or tear down and create new, there are endless possibilities for this commercial property. PLEASE CALL BARBARA KERRIGAN WITH HAINES REALTY AT 609-377-9976 TO TOUR THE GROUNDS AND/OR SCHEDULE AN APPOINTMENT FOR A SHOWING OF THE EXISTING STRUCTURE. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!!

Price History
4/13/2021 Listed $899,000

General Features

Accessibility 2+ Access Exits
Business Type Other/General Retail
Construction Materials Block, Wood Siding, Vinyl Siding, Other
Cool Fuel Electric
Cooling Wall Unit
County CAPE MAY
Days on Market 28
Exclusions All equipment relative to tattoo business is excluded from the sale.
Flooring Vinyl
Heating Hot Water & Baseboard - Electric
MLS Area Middle Twp (20506)
Municipality MIDDLE TWP
New Construction No
Ownership Fee Simple
Possession Immediate
Price Per Sq Ft 14.74
Property SubType Mixed Use
Property Type Commercial Sale
Roof Shingle
Sewer Public Sewer
Tax Annual Amount 8301.0
Tax Lot 00003
Tax Year 2020
Utilities Cable TV, Phone
Vacation Rental Y/N No
Water Access Y/N No
Zoning TB

Interior Features

Central Air Y/N No
Heating Fuel Natural Gas
Heating Y/N Yes
Hot Water Electric, Natural Gas

Exterior Features

Building Area Total 60984.00
Car Parking Spaces 7
Lot Dimensions 154x513
Lot Size Acres 1.40
Lot Size Source Assessor
Lot Size Square Feet 60984.00
Navigable Water Y/N No
Road Frontage Length 154
Roadresponsibility State
Total Parking Spaces 7
Type of Parking Parking Lot
Water Oriented Y/N No
Water Source Public
Water View Y/N No
Waterfront Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 08242

Price
AVG $1.32M
$900K
Taxes
AVG $18,706
$8,301
Visits
AVG 35
12
Year Built
AVG 1919
1878
Walkscore
AVG 47
43
Data Provided by Walkscore ® not using MLS data

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