3000 Pacific Ave, Wildwood, Nj
$1,499,000
Price
4,800 sqft
Building Size
1930
Year Built
Overview
Description
Amazing business opportunity in Wildwood prime location! This is truly a cash cow business for investors and companies looking to diversify or add to your portfolio. This is a turn-key business in the Wildwood Redevelopment Zone providing extra owner incentives and seven possible income streams. There is 4800 square feet of retail space with additional cottage, detached garage with a second floor and parking in the rear.
This sale includes:
3000 Pacific Avenue, longstanding attorney office. Month-to-month lease.
3002 Pacific Avenue, longstanding uniform store. Month-to-month lease.
3004 Pacific Avenue, (totally renovated interior and exterior 2022) new lease Body Art Store, through October 2025.
3006-3008 Pacific Avenue, double store, totally renovated interior and exterior 2022, available to rent.
Tenants pay all utilities.
Large, detached double garage with second floor, occupied spring/summer 2023 by seasonal linen company wishing to sign a year long lease. Rent 7 months at $625 a month. (Renovated and upgraded with new separate 200 amp electric.)
Rear detached 2 bedrooms, 1 bath cottage with excellent Airbnb rental history, available upon request. Owner pays utilities but is on separate meter. (totally renovated and upgraded through out 2021)
Property includes six off-street parking spots with opportunity to expand within existing extra space.
Upgrades to 3004-3008 stores include:
All NEW exterior storefronts 2023.
All NEW electric, plumbing 2022.
All NEW HVAC, doors, windows, drywall, interior painting 2022.
NEW roof 2021.
Bonus site-work to upgrade water, sewer and electric 2022. Details upon request.
This business is located within the ever-expanding business corridor, surrounded by residential and mixed-use businesses. Property sits on a 90 X 120 lot. Serious inquires only.
Highlights
- Days on Market: 153
- Heating: Forced Air
Listing ID: 802750837756