Pending
Under Contract
1071 Route 47 S
Rio Grande NJ, 08242
$799,000,000
Pending
Under Contract
Commercial
Built in 1878
LISTING UPDATE - JANUARY 11, 2023: THE DEPARTMENT OF ENVIRONMENTAL PROTECTION (DEP) HAS DETERMINED THAT FRESHWATER WETLANDS AND WATERS ARE NOT PRESENT ON THIS PROPERTY, AND THAT NO PART OF THE PROPERTY OCCURS WITHIN A TRANSITION AREA OR BUFFER. THE MIDDLE TOWNSHIP TAX ASSESSOR'S OFFICE HAS UPDATED ITS RECORDS. ACCORDINGLY, THE LAND ASSESSMENT HAS AN INCREASE OF $153,600, RESULTING IN A TOTAL PROPERTY ASSESSMENT OF $583,300. AS OF JUNE 29, 2022, A NEW TOPOGRAPHIC SURVEY WAS COMPLETED - DUE TO SIZE IS NOT INCLUDED HEREIN BUT AVAILABLE IN HARD COPY FOR INTERESTED PARTIES. NEW SURVEY MARKERS IN PLACE FOR POTENTIAL BUYERS WANTING TO WALK THE PROPERTY. FOR INVESTORS, BUSINESS OPPORTUNISTS, AND ALL INTERESTED PARTIES, THIS LOCATION CAN'T BE BEAT. Options are endless with the incredible opportunity to own this commercial property in the heart of the business district in Rio Grande, New Jersey, the hub of business activity in lower Cape May County! Currently operating as a tattoo studio, this 1.40 acre parcel (60,984 sq feet) offers 153.9 feet of frontage on Route 47 S, a 1/4 mile shy of Railroad Avenue. With a depth on the right of 513 feet, there is a ton of space for structure, parking, storage, etc. The existing structure was built in 1878. The first level consists of the tattoo business. The second level is an apartment with two bedrooms, one bathroom, living room, kitchen, and office. There is a third floor made up of two bedrooms and a half bath. Whether your plan is to restore the existing structure or tear down and create new, there are endless possibilities for this commercial property. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!! To schedule a showing, contact Barbara Kerrigan at Haines Realty.
564599
MLSⓇ ID
June 29, 2022
Listed
November 22, 2024
Updated
Map
1071 Route 47 S
Rio Grande NJ, 08242
Interior Features
Total Stories
3
Interior Features
Living Space Available, Restroom, Storage
Floor Description
Linoleum/Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Wall Units
Heating
Yes
Heating Description
Baseboard, Hot Water
Exterior/Building Features
Lot Size
1.4 Acres
Exterior Features
Storage Building
Lot Features
Storage Building
Roof
Pitched
Sewer
Public Sewer
Other Property Details
Area Name
Middle Twp
Taxes
$11,841
Tax Frequency
Annually
Garage
No
Parking
6 to 10 Spaces
View
No
County
Cape May
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
---|---|---|
2/10/2024 | Pending | — |
2/9/2024 | Pending | — |
Listed by TAMMY HAINES with Haines Realty
Listing Contact:
The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 11/22/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
©2024 South Jersey Shore Regional MLS all rights reserved.
Data last updated on 11/22/2024 at 10:19 PM UTC