3000 Pacific Avenue, Wildwood, NJ 08260

$1,499,000

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. 3006-08 Pacific Avenue, (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 yearlong 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 throughout 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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of RE/MAX ONE REALTY.