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3000 Pacific Avenue

WILDWOOD, NJ 08260
  • $1,499,000
  • STATUS: Active
  • ON SITE: 91 Days
  • ID#: NJCM2002888
UPDATED: 60 min ago
$1,499,000
  • 0
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:

School Ratings & Info

School District:

Description

Amazing business opportunity in Wildwood prime location! This is truly a cash cow business for investors and companies looking to diversify or add to your portfolio. This is a turn-key business in the Wildwood Redevelopment Zone providing extra owner incentives and seven possible income streams. There is 4800 square feet of retail space with additional cottage, detached garage with a second floor and parking in the rear.This sale includes:3000 Pacific Avenue, longstanding attorney office. Month-to-month lease.3002 Pacific Avenue, longstanding uniform store. Month-to-month lease.3004 Pacific Avenue, (totally renovated interior and exterior 2022) new lease Body Art Store, through October 2025.3006-3008 Pacific Avenue, double store, totally renovated interior and exterior 2022, available to rent.Tenants pay all utilities.Large, detached double garage with second floor, occupied spring/summer 2023 by seasonal linen company wishing to sign a year long lease. Rent 7 months at $625 a month. (Renovated and upgraded with new separate 200 amp electric.)Rear detached 2 bedrooms, 1 bath cottage with excellent Airbnb rental history, available upon request. Owner pays utilities but is on separate meter. (totally renovated and upgraded through out 2021)Property includes six off-street parking spots with opportunity to expand within existing extra space.Upgrades to 3004-3008 stores include:All NEW exterior storefronts 2023.All NEW electric, plumbing 2022.All NEW HVAC, doors, windows, drywall, interior painting 2022.NEW roof 2021.Bonus site-work to upgrade water, sewer and electric 2022. Details upon request.This business is located within the ever-expanding business corridor, surrounded by residential and mixed-use businesses. Property sits on a 90 X 120 lot. Serious inquires only.

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-28T13:57:51.813.
www.newhometeammd.com/homes/145527314
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3000 Pacific Avenue WILDWOOD, NJ 08260

  • Price: $1,499,000
  • Status: Active
  • On Site: 91 Days
  • Updated: 60 min ago
  • ID#: NJCM2002888
0
Beds
0
Baths
0
½ Baths
0.25
Acres
1930
Built
Neighborhood:
Wildwood City (20514)
County:
Cape May
Area:
Wildwood City (20514)
School District:
Wildwood City Schools
Property Description
Amazing business opportunity in Wildwood prime location! This is truly a cash cow business for investors and companies looking to diversify or add to your portfolio. This is a turn-key business in the Wildwood Redevelopment Zone providing extra owner incentives and seven possible income streams. There is 4800 square feet of retail space with additional cottage, detached garage with a second floor and parking in the rear.This sale includes:3000 Pacific Avenue, longstanding attorney office. Month-to-month lease.3002 Pacific Avenue, longstanding uniform store. Month-to-month lease.3004 Pacific Avenue, (totally renovated interior and exterior 2022) new lease Body Art Store, through October 2025.3006-3008 Pacific Avenue, double store, totally renovated interior and exterior 2022, available to rent.Tenants pay all utilities.Large, detached double garage with second floor, occupied spring/summer 2023 by seasonal linen company wishing to sign a year long lease. Rent 7 months at $625 a month. (Renovated and upgraded with new separate 200 amp electric.)Rear detached 2 bedrooms, 1 bath cottage with excellent Airbnb rental history, available upon request. Owner pays utilities but is on separate meter. (totally renovated and upgraded through out 2021)Property includes six off-street parking spots with opportunity to expand within existing extra space.Upgrades to 3004-3008 stores include:All NEW exterior storefronts 2023.All NEW electric, plumbing 2022.All NEW HVAC, doors, windows, drywall, interior painting 2022.NEW roof 2021.Bonus site-work to upgrade water, sewer and electric 2022. Details upon request.This business is located within the ever-expanding business corridor, surrounded by residential and mixed-use businesses. Property sits on a 90 X 120 lot. Serious inquires only.
Exterior Features

Construction Materials Block Garage YN No Parking Types Parking Lot Riparian Rights YN No Water Access YN No Water Oriented YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 4800.00 Cooling Central A/C Heating Forced Air Heating YN Yes Net Square Feet 4800.00

Property Features

Accessibility Features Level Entry - Main Assessment Year 2022 Business Type Other/General RetailProfessional Central Air YN Yes Cooling Fuel Electric Heating Fuel Natural Gas Hot Water Natural Gas Municipality WILDWOOD CITY Navigable Water YN N New Construction YN No Number Of Units Total 0 Original MLSNumber 802750837756 Ownership Interest Fee Simple Possession Immediate Property Sub Type Other Sale Type Standard Sewer Public Sewer Tax Annual Amount 8354.00 Tax Assessment Amount 295000.00 Tax Lot 00013 Vacation Rental YN No Water Source Public Zoning PO

Listing courtesy of RE/MAX ONE Realty: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or New Home Team of Maryland | RE/MAX Distinctive. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-02-28T13:57:51.813.
 
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