For more information regarding the value of a property, please contact us for a free consultation.
Key Details
Sold Price $2,025,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 574869
Sold Date 12/29/23
Annual Tax Amount $12,651
Tax Year 2022
Property Description
Premier Ocean City location offering diverse possibilities. Propety is being sold as one parcel with the corner (3400-02 West) being 100 x 100 located in Gateway zone and the interior parcel is zoned single family on a 30 x 100 lot. Single family lot included in this price. The single family cottage (3412 West) is available for sale separately as well 34th Street location is high traffic Gateway area and perfect for commercial, retail and high end residential Ground floor commercial space with multiple residential condos on the second and third floors. (100 x 100 lot) 3412 West is zoned residential ( 30 x 100) can be developed as a single residence or explore the possibility of expanding the commercial/residential possibilities. Current tenant of the business in the commercial zone has been there for many years and does not have a written lease. Tenant operates garden market and fruit stand, ice cream store and bike rental. Single family is currently occupied but has no written lease. Seller has not operated any of the businesses and has little or no knowledge regarding property and businesses and cannot warrant disclosures. Businesses and equipment of said tenant will not convey with purchase. Buyers to do their due diligence. Exciting developments occuring soon along the 34th Street corridor.
Location
State NJ
County Cape May
Community Ocean City
Area Ocean City/18Th-34Th Sts
Read Less Info
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP