2004 Bay Shore Rd Villas, NJ 08251
- Office buildings
- 0.98 lot acres
Current Use by Public Records
- Waisbern Medical / Family Practice Physician
- Hirshorn Carl L OD / Optometrist
- Waisbren Medicine / Medical Center / Doctor
Property Details for 2004 Bay Shore Rd
- Year built
- 1950
- Lot size
- 0.98 lot acres
- Zone code
- GB
- Property type
- Office buildings
- APN
- 05 00334- 01-00001
- APU
- 5003340100001
Description
This exceptional commercial investment opportunity in Villas, NJ, presents a fully occupied, six-unit multi-building complex situated on a high-traffic road. The property boasts a strong rental history and comprises two buildings totaling approximately 8,500 square feet*. The front building is a 2,500 square foot medical office currently leased to an established physician. The rear building houses three first-floor commercial units, each roughly 1,000 square feet, currently occupied by a chiropractor, a real estate office, and a linen company. These ground-floor units are conveniently wheelchair accessible. Above the rear building, accessible via a private exterior staircase, are two additional units: a one-bedroom residential apartment suitable for owner-occupancy or rental, and a modern private office space. The property features a recently expanded and upgraded parking lot with 34 designated spaces, providing ample parking for tenants and visitors. All units are separately metered for efficient management. This turnkey investment is located in a growing market and offers significant potential for continued appreciation. The asking price is $1,299,900. *All unit sizes are approximate
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $885,000
- ML approach
- $910,000
Get a detailed, property-specific valuation — fast and free
Location Insight
- Map
- Local Demand
- City
- Villas
- County
- Cape May
- State
- New Jersey
- Longitude
- -74.9376
- Latitude
- 39.0155
- CBSA code
- 36140
- CBSA name
- OCEAN CITY, NJ METROPOLITAN STATISTICAL AREA
