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6 Unit Mixed Use Complex 2004 Bayshore Road, Lower Township, NJ 08251
Property Description
Mixed-Use Commercial Complex on the Mainland not far from Cape May & the Wildwoods. Situated on just under 1 acre, this is a Fully Leased -
Nicely Updated - Low Maintenance - Income Producer. The complex includes two updated buildings with six units total: a 2,500 sq. ft. medical
office in the front and three 1,000 sq. ft. commercial suites set back a bit but still facing main road, currently leased to a chiropractor, real estate
office, and linen company. Upstairs are two second-floor units—a fully renovated one-bedroom apartment and a modern private office suite. All
units are separately metered and wheelchair accessible where applicable on ground floor units. Recent upgrades include expanded paved
parking (34 spaces), new vinyl siding in 2023, enhanced/back-lit signage, and legal use expansion to five commercial units and one residential.
Tenants have expressed interest in remaining, while upcoming lease expirations offer flexibility for an owner-user. Excellent visibility along the
Bayshore corridor in the southern end of Villas, which offers increased traffic flow. Seller financing may be considered for qualified buyers.
Area Description
Located in the "Villas" section of Lower Township, the property fronts Bayshore Rd - which is the main N/S thoroughare through Lower Township with a daily traffic count of 15,000 and a population of around 22,000. The property could remain as a stable mixed use rental or could be ideal for an owner/occupant looking to offset their own operating costs with supplemental rental income.
Highlights
Many exterior improvements.
Full Address: 2004 Bayshore Road, Lower Township, NJ 08251
Listing Type: FOR SALE
Status: Active
Occupancy Rate: 100%
Building Class: B
Zoning: GB
Region: E-NE
County: Cape May County
Closest Cross Streets: Kentucky Ave
Use Type: Mixed
Property ID: 4090597
Building Sf: 6,850
Number Units: 6
Number Buildings: 2
Year Built: 1950
Year Renovation: 2024
Free Standing: Yes
Number Parking Spaces: 34
Tenancy Type: Multi-Tenant
Many exterior improvements.
Average Monthly Rent - Front Building - Single Tenant - 2500sf:
Average Monthly Rent - Rear Building 1st FL - Real Estate Office - 1000sf:
Average Monthly Rent - Rear Building 1st FL - Chiropractive Office - 1000sf:
Average Monthly Rent - Rear Building 1st FL - Linen Service Office - 1000sf:
Average Monthly Rent - Rear Building 2nd FL - 1 BR Apartment:
Average Monthly Rent - Rear Building 2nd FL - Office: