Active
23-27 Mays Landing Road
Somers Point NJ, 08244
$2,695,000
$24.75 per sqft
Active
2.5 Acres
Land
FANTASTIC INVESTMENT OPPORTUNITY - 3 Commercial properties for sale FULLY LEASED out to working businesses, including a large parking lot. GREAT RENTAL INCOME with over $300,000 of rental income per year and to increase. This sale is for the land and buildings - businesses not included. Over 2.5 acres of land acres located in the federally approved OPPORTUNITY ZONE in a highly desirable area with high visibility, traffic volume, and easy access from local, county, and state roads. 10 rental units all leased, plenty of exterior parking, and approx. 900 contiguous feet of road frontage. Commercial spaces are currently used for retail, office/professional, and warehouse space and are a total of over 35,000 sq ft. Lease information available to interested qualified buyers. Properties being sold are 23 Mays Landing Road, 25 Mays Landing Road, & 27 Mays Landing Road. All rental properties with possibility of development. Total land area over 2.5 acres for all contiguous properties. Located in the Opportunity Zone - https://nj.gov/governor/njopportunityzones/
587176
MLSⓇ ID
July 17, 2024
Listed
August 23, 2024
Updated
Map
23-27 Mays Landing Road
Somers Point NJ, 08244
Exterior/Building Features
Lot Size
2.5 Acres
Other Property Details
Area Name
Somers Point City
Taxes
$61,592
Tax Frequency
Annually
Garage
No
View
No
County
Atlantic
Pool
No
Zoning
Business/Shop/Office,Commercial
Listed by CHRISTOPHER MONIHAN with MONIHAN REALTY
Listing Contact:
The IDX display contains information sourced from the South Jersey Shore Regional MLS as of 8/23/2024. 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 8/23/2024 at 2:20 PM UTC