1110 New Jersey Avenue
North Wildwood,
Price: $99,900.00
Ask For:
Email: brian@brianmcdowell.com
Office Phone: 609-729-7300
Cell Phone: 609-517-7848
- Additional Photos: NO
- Google Map
- PDF: 11 / 14 / 5.5
| Listing: 093905 | Bedrooms: 0 | Baths: 0 |
| Lot Size: 40 x 100 | Block: 178 | Lot: 5 |
| Zone: | Type: comm | Taxes: 1,200.00 |
Comments
ARE YOU LOOKING FOR A 7.5% RETURN ON YOUR INVESTMENT,
YOUR NOT MAKING ANY MONIES NOT MAKING ANYTHING IN THE
BANK. THISCOMMERCIAL CONDO UNIT IS ZONED GENERAL
BUSINESS, CURRENTLY RENTED ON A YEAR ROUND LEASE, THIS
PROPERTY HAS A NETOPERATING INCOME OF $20,352.00. YOU CAN'T
GET A MUCH BETTER RETURN THAN THIS. THE CONDO FEE IS VERY
REASONABLE, ITS$462.00 QUARTER AND INCLUDES WATER/SEWER,
COMMON AREA, AND HAZARD INSURANCE. PROPERTY DOSEN'T
CARRY FLOODINSURANCE THIS WOULD BE EXTRA IF A MORTGAGE
WAS OBTAINED.
THIS QUAINT LITTLE STORE FRONT IS CENTRALLY LOCATED IN
NORTH WILDWOOD, OFFERS APPROXIMATELY 1000 SQ FT. UNIT
FEATURES AHALF BATH, 2 EXTERIOR EXITS, A VERY EFFICIENT GAS
FIREPLACE, CENTRAL AIR, 3 CAR OFF STREET PARKING AND HUGE
DISPLAYWINDOWS. THERE ARE 4 UNITS TO THE CONDO
ASSOCIATION, AND THE COMMERCIAL UNIT HAS A 50% VOTING
RIGHT, EACH OF THEOTHERS ARE 16.333%. PROPERTY IS
LANDSCAPED BEAUTIFULLY, AND FEATURES AN UNDERGROUND
SPRINKLER SYSTEM. MOREINFORMATION ON REQUEST.
Property Features
| Location | ISLAND | Financing | CONVENTIONAL |
| Construction | Type | COMMERCIAL | |
| Exterior Feature | STORAGE BUILD | Additional Feature | CEILING FANS |
| Exterior Feature | SECURITY LIGHT | Additional Feature | SMOKE ALARM |
| Exterior Feature | UNDERGRND SPRIN | Additional Feature | |
| Interior Feature | DISPLAY WINDOW | Additional Feature | |
| Interior Feature | RESTROOM | Comments | SEE COMMENTS |
| Interior Feature | SECURITY SYSTEM | Comments | |
| Specialty Room | STORAGE | Comments | |
| Specialty Room | Comments | ||
| Flooring | WALL TO WALL | Comments | |
| Parking | 1-5 SPACES | Also Available | |
| Heating | NATURAL GAS | Also Available | |
| Cooling | CENTRAL AIR | Also Available | |
| Hot Water | ELECTRIC | Also Available |