110 Harbor Lane Active

Somers Point,NJ 08244

$ 2300000

- Bed

0 Bath

12314 SqFt


Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 12,314 sqft

Price per Sqft $186

Municipality Somers Point (SMP)

MLS Listing ID 22501671

Originating Board MOREMLS (Monmouth Ocean Regional REALTORS®)

Year Built 1976

Annual Tax Amount $60,506

Tax Year 2024

Lot Size 1.010 Acres

Acres 1.01

Property Sub-Type Commercial

Property Description

A net lease investment opportunity featuring a three-tenant medical office property totaling 12,000 SF. Strategically located to serve both Atlantic and Cape May Counties, the property offers ample on-site parking with 50 spaces. This well-maintained asset is ideal for 1031 exchange buyers, delivering stable income with a 7% CAP rate.

Location

State NJ

County Atlantic

Area Somers Point

Direction 110 Harbor Lane

Interior

Heating Forced Air

Cooling Central Air

Flooring Other

Exterior

Parking Features On Street,Assigned,On Site

Waterfront Description Other - See Remarks

Roof Type Flat,Asphalt

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

HOA Fee Include Common Area

Senior Community No

Tax ID 21-01410-0000-00002

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