This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Wildwood Opportunities at 118 E. Rio Grande 118 E Rio Grande Ave

3,000 SF 100% Leased Office Building Wildwood, NJ 08260 £769,275 (£256/SF)

Investment Highlights

  • Beach access
  • Backyard privacy
  • Walkability access

Executive Summary

Options, Options, Options: This MIXED USE property offers a multitude of possibilities. Keep it as is with the house and office, convert the office into an apartment for rental income, or integrate the office into a spacious 5-bedroom home. This Mixed Use DOUBLE LOT is zoned RESIDENTIAL and COMMERCIAL, located in the heart of Wildwood, close to the beach. The expansive 80 x 100 lot is ideally situated on East Rio Grande Ave, within easy walking distance to major restaurants and the beach. This large property provides off-street parking and privacy with a large fenced backyard.
The house spans the second and third floors. The second floor features a large eat-in kitchen, a spacious living room, two bedrooms, a bathroom, and an additional sitting area. The finished attic includes the third bedroom, a large closet, and ample storage space. Zoned GC (General Commercial), the first floor boasts a beautiful multi-room office with a half bath, customer walk-in access, and convenient off-street customer parking.
This unique property is perfect for homeowners and business owners looking to maximize their opportunities at the shore. Property is sold as is. The customer office entrance is at the front of the building, while the owner’s entrance is on the side, with additional parking spaces. The owner’s property disclosure form is attached in the associated documents section.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
3,000 SF
Building Class
C
Year Built
1950
Price
£769,275
Price Per SF
£256
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Typical Floor Size
1,000 SF
Building FAR
0.37
Land Acres
0.19 AC
Opportunity Zone
Yes
Zoning
GC - General Commercial
Parking
4 Spaces (1.33 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning
Walk Score ®
Very Walkable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-00040-0000-00021
Land Assessment
£188,957
Improvements Assessment
£66,214
Total Assessment
£255,170
  • Listing ID: 31494003

  • Date on Market: 12/04/2024

  • Last Updated:

  • Address: 118 E Rio Grande Ave, Wildwood, NJ 08260

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}