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Key Details
Sold Price $800,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,784 sqft
Price per Sqft $287
Subdivision None Available
MLS Listing ID NJAC116764
Sold Date 04/27/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1994
Annual Tax Amount $8,260
Tax Year 2021
Lot Size 9,000 Sqft
Acres 0.21
Lot Dimensions 100.00 x 90.00
Property Description
Attention Investors... Check out this commercial investment property with long-term tenant. B-1 Business Zoning District - permitted uses include retail stores, retail food establishments, restaurants, bars, banks, drugstores, laundromats motels, service establishments, supermarkets, theaters, auto repair shops are more... High exposure location right on Atlantic -Brigantine Boulevard (638). Property sold strictly "AS IS". Property is leased thru 5/31/23. Gross rental annual income is $72,000 plus tenant pays plus utilities and insurance(liability, business property, flood and contents). Property includes block 3701 lots 8 and 6. Copy of lease available upon request with signed NDA. Sale is subject to United States Bankruptcy Court approval.
Location
State NJ
County Atlantic
Area Brigantine City (20103)
Zoning B1
Interior
Hot Water Electric
Cooling Central A/C
Heat Source Natural Gas
Exterior
Garage Spaces 20.0
Utilities Available Cable TV Available, Electric Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
Water Access N
View Bay
Roof Type Pitched,Shingle,Flat
Street Surface Black Top
Accessibility Other
Road Frontage City/County
Total Parking Spaces 20
Garage N
Building
Lot Description Corner
Foundation Block
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Atlantic City Schools
Others
Tax ID 03-03701-00008
Ownership Fee Simple
SqFt Source Assessor
Acceptable Financing Conventional, Cash
Listing Terms Conventional, Cash
Financing Conventional,Cash
Special Listing Condition Bankruptcy
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Bought with Richard G Warner • Warner Real Estate & Auction Company