6 Unit Mixed Use Complex
$1,075,000
2004 Bayshore Road, Lower Township, NJ 08251
6,850 sqft
Building Size
0.975 acres
Lot Area
Details:
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.
Located in the "Villas" section of Lower Township, the property fronts Bayshore Rd - which is the main N/S thoroughare through Lower Township with a daily traffic count of 15,000 and a population of around 22,000. The property could remain as a stable mixed use rental or could be ideal for an owner/occupant looking to offset their own operating costs with supplemental rental income.
Many exterior improvements.
Documents:
| Title | ||
|---|---|---|
| 2004 Bayshore Rd. Flyer (2) |
Location
Gallery