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Key Details
Sold Price $700,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 548825
Sold Date 07/30/21
Annual Tax Amount $20,307
Tax Year 2020
Property Description
Attention Investors... Check out this commercial investment property with long-term tenant. HC - Highway Commercial Zoning District - permitted uses include retail stores, restaurants, bars, banks, motels, service establishments, gasoline service stations, auto repair shops are more... High exposure location - 31,028 vehicles per day (2020 count). Property sold strictly "AS IS". Property is leased thru 9/30/2022. Gross rental annual income is $79,860 plus tenant pays for taxes and utilities. Copy of lease available upon request. Sale is subject to United States Bankruptcy Court approval.
Location
State NJ
County Atlantic
Community Absecon
Area Absecon City
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