$330,000
$365,000
9.6%For more information regarding the value of a property, please contact us for a free consultation.
425 ROUTE 50 Woodbine, NJ 08270
1,800 SqFt
Key Details
Sold Price $330,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,800 sqft
Price per Sqft $183
MLS Listing ID NJAC2010716
Sold Date 01/26/24
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $5,750
Tax Year 2022
Lot Size 1.494 Acres
Acres 1.49
Lot Dimensions 0.00 x 0.00
Property Description
Welcome to this unique property offering store frontage, an attached apartment, and a detached garage. The apartment currently has a reliable long-term tenant who pays on time with no issues, and the garage has current tenant with no issues. Both providing a stable income stream.
Store Front:
Recently gutted and partially redone
New concrete floors with radiant heat installed (Needs Radiant Manifold)
Two bathrooms framed out and drains installed
Materials for continued construction included in the sale
Brand new commercial doors installed
Apartment:
Attached to the main building
Long-term tenant with a history of timely payments
Two bedrooms, One bathroom, 900 sq ft
Detached Garage:
Tenant currently renting for storage
Ideal for investors seeking a mixed-use property with income potential from both commercial and residential units.
Located in beautiful Corbin City on Route 50. Just 30 minutes outside Ocean City. Located on a very busy Shore route.
Location
State NJ
County Atlantic
Area Corbin City (20106)
Zoning COMMERCIAL
Interior
Hot Water Electric
Heating Central
Cooling Central A/C
Flooring Concrete
Heat Source Natural Gas
Exterior
Garage Spaces 25.0
Utilities Available Natural Gas Available, Electric Available, Multiple Phone Lines, Water Available, Sewer Available
Waterfront N
Water Access N
View Trees/Woods, Street
Roof Type Architectural Shingle
Accessibility 32\"+ wide Doors, No Stairs
Total Parking Spaces 25
Garage N
Building
Sewer Private Septic Tank
Water Private
New Construction N
Schools
School District Upper Township Public Schools
Others
Tax ID 06-00206-00003
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Amanda Taffe • Tealestate LLC