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Michael Maina

Michael Maina 609-513-8383 609-399-0076x107

3160 Asbury Avenue, Ocean City

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For Sale 1304 Route 47, Rio Grande, NJ, 08242

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1304 Route 47, Rio Grande, NJ, 08242

$5,999,999

Michael Maina
  • Buyer Agent Compensation: N/A
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Welcome to “The Village Shoppes!” a rare opportunity to own a prime piece of commercial real estate in the up and coming area of Rio Grande. This expansive property spans 5 acres and features a total lot size of 18,526 square feet, offering a wide variety of commercial units spread throughout 3 buildings. With over 30+ commercial units this property presents a multitude of possibilities for the savvy investor. The property offers a diverse array of commercial unit sizes, all occupied by great, long-term tenants. Additionally, there is the potential to increase rental income by leasing the vacant units, making this an attractive opportunity for those seeking to maximize their investment return. Currently, the property boasts 4 residential units along with the potential to expand to a second story for additional residential space. The property\'s strategic location and the area\'s ongoing development make this an enticing proposition for those looking to capitalize on the growth potential of Rio Grande. Don\'t miss out on this rare chance to acquire a substantial commercial property!

Listing courtesy of: Compass New Jersey-Ocean City
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional 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 South Jersey Shore Regional Multiple Listing Service. All rights reserved.
Total Rooms
Full Bath 0
# of Stories
Year Build
Lot Size
Tax 84686.00
SQFT
Bedrooms 0
Half Bath 0
# of Stories
Lot Dimensions
# Units
Tax Year 2023
Area Middle Twp
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