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Investor alert! This incredible income-producing property has so much to offer. Located on the corner of Park Blvd and Montgomery Ave in Wildwood, 4401-4403 Park Blvd boasts two commercial spaces, a warehouse, three rental units, a two-car garage, and off-street parking for 3+ vehicles. The largest of the two commercial spaces is currently occupied by a well-respected and long-standing local business. This professional office space with an attached warehouse has an ideal layout with an entryway off of Park Blvd, two separate office spaces, kitchenette, bathroom with steam shower, laundry, radiant heat, and air conditioning. The warehouse is accessible from inside this space and from the rear of the property. The second commercial space has a large open floor plan and a separate area in the back with a full bathroom, storage, and hookups for a full kitchen. This space has two entrances, one on Park and one on Montgomery, as well as heating and air conditioning. This space is a blank canvas with limitless potential! There are three rental units on the property with long-term tenants. Two of the rental units, one 2-bedroom and one 3-bedroom, are on the property's second floor. Both of these units are accessed through separate entrances at the rear of the property and each unit is equipped with a full kitchen, bathroom, and laundry. The third rental unit is located on the first floor, at the rear of the property, with a separate entrance on Montgomery Avenue. This unit is a 1-bedroom apartment with a full kitchen, bathroom, laundry, mini-split air conditioning, and radiant floor heat. Additionally, the two-car, two-door detached garage at the rear of the building is another rental unit opportunity on the property for additional income. This property's location is in an exceptionally accessible area of the island, with quick access to the bridge and a walk score of 84 to all the local amenities. Take advantage of this rare opportunity to own an income-producing mixed-use property in an area that is continuing to develop and grow in value. With 4 of the 6 rental units on the property occupied, you could begin bringing in passive income right away. If you're looking to build your portfolio, look no further!

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Broker Reciprocity: The data relating to real estate for sale or rent on this web site comes in part from the Broker Reciprocity program of the Cape May County Multiple Listing Service. Real estate listings held by brokerage firms other than Daniels Realty are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. This information is deemed reliable but not guaranteed. Representations as subject to verification by inspection and subject to change without notice. Some properties which appear for sale or rent on this website may no longer be available because they are under contract, have sold, or are no longer being offered for sale or rent. Information is deemed to be accurate but not guaranteed.

Data last updated 9/30/24 5:47 PM PDT

This IDX solution is (c) Diverse Solutions 2024.

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