High-visibility, fully leased commercial investment opportunity located on Bayshore Road, south of Fulling Mill Road, offering excellent visibility and traffic exposure. Generating nearly $100,000 in annual gross rental income, this property offers approximately 6,700 square feet of income-producing space featuring five commercial units and one residential apartment, all currently occupied. Since 2022, the property has benefited from significant improvements including expansion to five commercial units and one residential apartment, new siding, back-lit signage, expanded parking, parking lot improvements, and complete renovations of the second-floor office and one-bedroom apartment. The property is occupied by a strong mix of established tenants, including a physician, chiropractor, real estate office, linen company, and residential tenant, providing immediate income and long-term investment potential. Seller is willing to consider below-market, first-position seller financing for qualified buyers, subject to mutually acceptable terms, buyer qualification, and loan documentation.
Courtesy: RE/MAX SURFSIDE
High-visibility, fully leased commercial investment opportunity located on Bayshore Road, south of Fulling Mill Road, offering excellent visibility and traffic exposure. Generating nearly $100,000 in annual gross rental income, this property offers approximately 6,700 square feet of income-producing space featuring five commercial units and one residential apartment, all currently occupied. Since 2022, the property has benefited from significant improvements including expansion to five commercial units and one residential apartment, new siding, back-lit signage, expanded parking, parking lot improvements, and complete renovations of the second-floor office and one-bedroom apartment. The property is occupied by a strong mix of established tenants, including a physician, chiropractor, real estate office, linen company, and residential tenant, providing immediate income and long-term investment potential. Seller is willing to consider below-market, first-position seller financing for qualified buyers, subject to mutually acceptable terms, buyer qualification, and loan documentation.
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Villas is located in New Jersey. Villas, New Jersey has a population of 9,866. Villas is less family-centric than the surrounding county with 24.42% of the households containing married families with children. The county average for households married with children is 25.39%.
The median household income in Villas, New Jersey is $63,157. The median household income for the surrounding county is $76,237 compared to the national median of $69,021. The median age of people living in Villas is 41 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 26.6 degrees. The average rainfall is approximately 44.4 inches per year, with 11.5 inches of snow per year.
