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$799,000,000
1071 Route 47 S, Rio Grande, NJ 08242
0 Beds
0 Baths
n/a SqFt

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LISTING UPDATE JUNE 29, 2022: A NEW TOPOGRAPHIC SURVEY HAS BEEN 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 ¼ 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. PLEASE CALL BARBARA KERRIGAN WITH HAINES REALTY AT 609-377-9976 TO TOUR THE GROUNDS AND/OR SCHEDULE AN APPOINTMENT FOR A SHOWING OF THE EXISTING STRUCTURE. TIMING IS EVERYTHING AND THIS IS AN AWESOME OPPORTUNITY TO BUY COMMERCIAL IN THE HEART OF THE BUSINESS DISTRICT!!
  • Price:
  • $799,000,000
  • Acreage:
  • 1.40
  • Year Built:
  • 1878
  • Listing ID #:
  • 564599
  • Street Address:
  • 1071 Route 47 S
  • City:
  • Rio Grande
  • State:
  • New Jersey
  • Postal Code:
  • 08242
  • County:
  • Cape May
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Exterior Description:
  • Block, Wood
  • Flooring:
  • Linoleum, Vinyl
  • Stories:
  • 3.0
  • Year Built:
  • 1878
  • Conforms To Zoning:
  • Commercial
  • Property Taxes:
  • $8,516
  • Tax Year:
  • 2021
  • Room Description:
  • Office
  • Cooling System:
  • Wall Unit(s) A/C
  • Heating:
  • Baseboard, Hot Water
30-year Conforming

5.442%

-0.01%

30-year FHA

5.373%

-0.055%

30-year VA

5.031%

-0.034%

Last updated: 8/8/2022
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

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