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Ken Sedberry

Ken Sedberry 609-442-3850 609-399-0076x150

3160 Asbury Avenue, Ocean City

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For Sale 1021-1025-1029 47, Rio Grande, NJ, 08242

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1021-1025-1029 47, Rio Grande, NJ, 08242

$1,299,900

Ken Sedberry
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Attention all investors. This large parcel of land has finally hit the market. 360 Feet of frontage on Route 47 south. It is zoned town Business. At this present time there are 3 rental properties. 1029 is a duplex which rents for a total of 3540 per month. 1025 is a single family and rents for 2000 per month and 1021 is on the corner and rents for 1550 a month. A total of 6115 per month. Owner is selling all 3 together and does not want to sell individually. Surveys and zoning documents are in the associate docs. B. Permitted uses:(1) Retail sales. (2)Service uses (3) Restaurants, with the exception of drive-throughs in the Cape May Court House Overlay Zone. (4) Professional offices. (5) Banks and similar financial institutions.(6) Business offices. (7) Health care facilities and services. (8) Bed-and-breakfasts. (9) Studios. (10) Recreational, cultural and entertainment facilities (11) Automobile, camper, and boat sales, except in the Cape May Court House Overlay Zone. (12) Apartment(s) above a permitted commercial use, with a maximum of two units and a maximum floor area of 2,000 square feet per unit.(13) Care facilities.

Listing courtesy of: WEICHERT REALTORS CITY TO SHORE - cm
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Cape May Multiple Listing Service. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Information is deemed to be accurate but not guaranteed. Copyright Cape May Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size 1+ Acre to 5 Acres
Tax 12031.00
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions 360x200 ir
# Units
Tax Year 2024
Area Rio Grande
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