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1021-1025-1029 S 47, Rio Grande, NJ 08242

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For Sale

$1,299,900

Estimated Payment

$      /mo. †

APR for 30 years

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Attention all investors. This large parcel of land has finally hit the market. 360 Feet of frontage on Route 47 south. It is zoned town Business. At this present time there are 3 rental properties. 1029 is a duplex which rents for a total of 3540 per month. 1025 is a single family and rents for 2000 per month and 1021 is on the corner and rents for 1550 a month. A total of 6115 per month. Owner is selling all 3 together and does not want to sell individually. Surveys and zoning documents are in the associate docs. B. Permitted uses:(1) Retail sales. (2)Service uses (3) Restaurants, with the exception of drive-throughs in the Cape May Court House Overlay Zone. (4) Professional offices. (5) Banks and similar financial institutions.(6) Business offices. (7) Health care facilities and services. (8) Bed-and-breakfasts. (9) Studios. (10) Recreational, cultural and entertainment facilities (11) Automobile, camper, and boat sales, except in the Cape May Court House Overlay Zone. (12) Apartment(s) above a permitted commercial use, with a maximum of two units and a maximum floor area of 2,000 square feet per unit.(13) Care facilities.
MLS# 250368

Courtesy Of WEICHERT REALTORS CITY TO SHORE

(609) 886-8200

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Directions to 1021-1025-1029 S 47, Rio Grande, NJ 08242

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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