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Villas,NJ 08251
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID NJCM2006254
Year Built 1950
Annual Tax Amount $13,555
Tax Year 2025
Lot Size 0.976 Acres
Acres 0.98
Lot Dimensions 195.00 x 218.00
Property Sub-Type Mixed Use
Source BRIGHT
Property Description
Mixed-Use Commercial Complex on the Mainland not far from Cape May & the Wildwoods. Situated on just under 1 acre, this is a Fully Leased - Nicely Updated - Low Maintenance - Income Producer.
The complex includes two updated buildings with six units total: a 2,500 sq. ft. medical office in the front and three 1,000 sq. ft. commercial suites set back a bit but still facing main road, currently leased to a chiropractor, real estate office, and linen company. Upstairs are two second-floor units—a fully renovated one-bedroom apartment and a modern private office suite. All units are separately metered and wheelchair accessible where applicable on ground floor units. Recent upgrades include expanded paved parking (34 spaces), new vinyl siding in 2023, enhanced/back-lit signage, and legal use expansion to five commercial units and one residential. Tenants have expressed interest in remaining, while upcoming lease expirations offer flexibility for an owner-user. Excellent visibility along the Bayshore corridor in the southern end of Villas, which offers increased traffic flow. Seller financing may be considered for qualified buyers.
Location
State NJ
County Cape May
Area Lower Twp (20505)
Zoning GB
Interior
Hot Water Electric
Heating Forced Air,Baseboard - Electric
Cooling Central A/C
Flooring Carpet,Laminate Plank,Vinyl
Heat Source Natural Gas,Electric,Propane - Owned
Exterior
Garage Spaces 34.0
Water Access N
Roof Type Architectural Shingle
Accessibility Ramp - Main Level
Total Parking Spaces 34
Garage N
Building
Lot Description Corner,Road Frontage
Foundation Crawl Space
Sewer Public Sewer
Water Well
New Construction N
Schools
School District Lower Township Public Schools
Others
Tax ID 05-00334 01-00001
Ownership Fee Simple
Security Features Exterior Cameras
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Financing Cash,Conventional
Special Listing Condition Standard