For Sale 1103 Route 47, Rio Grande, NJ, 08242

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.

Opportunity to develop a unique property. This parcel currently has several income producing homes however, the highest and best use would be to develop. There is a plot map for six new homes. This sale is contingent upon Buyers obtaining a major subdivision, at their sole cost, including the lots that the seller is keeping. Please do not walk the property without notifying the listing agent.

This is an incredible opportunity for anyone seeking a private escape at Cape Shore Resorts! Perfect space with two bedrooms and two full bathrooms. The living room, dining room, and kitchen is ideal for entertaining guests or enjoying quality time with family. Or step out to the two-tier paved patio with pergola creating a wonderful outdoor space for gatherings. The outdoor shower is a fantastic addition for rinsing off after a beach day, helping to keep the interior tidy. Moreover, the storage shed is perfect for organizing beach toys, bikes, and other outdoor equipment for easy access. This home comes fully furnished and is ready for anyone looking for a great opportunity to own a property in Cape Shore Resorts. Rent includes water/sewer, trash removal, property taxes, coin operated laundry facilities, and common area grounds maintenance including professional pool cleaning. Community amenities include three swimming pools, bocce ball, a basketball court, playground, picnic area, a stocked fishing lake, and a charming gazebo. Occupancy is somewhat restricted from November to March, one of the only communities with weekend access and the option for extended stays during major holidays. All applicants are subject to a credit check and background check and are required to sign an annual lease with a monthly fee of $640.00. *Property is sold as is where is, seller will make no repairs*