Commercial property with beautiful water views for sale in South Jersey, ideal for assisted living, senior housing, healthcare, or redevelopment opportunities. The 8-acre site features an 11,550 sqft. building with potential to add a second level with water views. Prior approvals for a 23,000 sqft. building. Located along a major highway with traffic counts exceeding 24,000 vehicles daily and surrounded by strong residential demographics. Multiple large residential development projects are planned or are currently in the building process within a 5 mile radius, positioning the property for future population growth and increased demand for senior care services.
- Asking Price:
- $5,745,000
- Sales Revenue:
- Not applicable
- Cash Flow:
- Not applicable
Property Information
- Real Estate:
-
Real Property Included
- Premises Details:
-
Estimated Appraised Value $4,000,000
- Size in square feet:
- 11,550
Business Operation
- Reasons for selling:
-
Retiring
- Years established:
- 25
Other Information
- Financing available:
-
$2,250,000 down, Seller will hold note at 7% with a 5 yr ball and 20 yr amortization
