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329 43rd, Sea Isle City, NJ 08243

$995,000
Commercial Property MLS# 175129 ID: 43890651
$995,000 Get Rates

Commercial/Industrial - Sea Isle City, NJ
Unique investment property located in the heart of downtown Sea Isle City directly on the water. This property is currently being used as a rental property bringing in $41,000+ per year. The building consists of two first floor garages, a store front, and a second floor three bedroom residential unit with one full bath and a powder room. This bay front property also offers the possibility of four boat slips which could increase the rental income potential. Comparable boat slips are being rented at a cost of $1,600 per slip for the season. This property also offers many future development possibilities including building a new side-by-side townhouse unit or purchase together with the neighboring property at 333 43rd Place to explore building a first floor restaurant or retail space and five units above. The options are endless and the current property is the excellent income producing investment until your plans are finalized or use the property as/is and enjoy a bay front location within walking distance to all of the great amenities Sea Isle has to offer.

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Location Information near 329 43rd
Offered by Hugh Merkle at BERKSHIRE HATHAWAY HomeServices Fox & Roach, REALTORS-SH/Avl

Would you like more information regarding this property?
Please call (609) 368-9100.

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Property Features for 329 43rd
Status
Market Status
Available
Last Updated
November 19, 2017
Description
Property Type
Commercial Property
Stories
2.0

Building Features

  • Stories: 2.0

Exterior Features

  • Exterior Construction: Block
  • Parking: Off Street
  • Dock

Legal/Financial

  • Taxes: 6793.25 (2016)

Listing Features

  • Property Type: Commercial; Commercial/Industrial

Type of View

  • Water View

Data Provided by Cape May County Association of Realtors

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More information about this $995,000 Commercial Property at 329 43rd

This $995,000 Commercial Property at 329 43rd in Sea Isle City, NJ is offered by Hugh Merkle. This $995,000 Commercial Property, located in the 08243 zip code, has the following property features: Property Type, Parking, Water View, Exterior Construction. This 329 43rd Commercial Property, located in Cape May County , is listed under MLS listing number 175129 and has a listing price of $995,000. You can find more SEA ISLE CITY homes for sale here.